M&A
US medical device maker Stryker to buy Sage Products for $2.78 bn
02 Feb 2016
While the US market accounts for the bulk of its sales, Stryker has been recently trying to focus and expand in emerging markets like India, Brazil, and China
Abbott to buy rapid diagnostic testing provider Alere for $5.8 bn
02 Feb 2016
The acquisition will enable Abbott to become the leading provider of point of care diagnostic testing with total sales exceeding $7 billion from $4.6 billion currently
Shell shareholders approve $49-bn acquisition of BG Group
28 Jan 2016
The combined company would overtake Chevron Corp as the world's second-largest oil and gas producer and close in on market leader Exxon Mobil
Suitors in race to buy Toshiba's medical equipment unit valued at over $3 bn
27 Jan 2016
PE firm KKR & Co has teamed up with Mitsui & Co, Permira has joined hands with Konica Minolta, while Carlyle Group has roped in Sony Corp to bid for Toshiba Medical Systems
TeaBox gets Ratan Tata on board with fresh round fund raising
27 Jan 2016
TeaBox is backed by Singapore-based JAFCO Asia, Accel Partners, Keystone Group LP and Dragoneer Investment Group
Johnson Controls to buy Tyco International in $16.5-bn inversion deal
27 Jan 2016
After the merger, Johnson Controls, among the largest US car battery manufacturers, will move to Ireland where corporate taxes are about a third of those in the US
Philips terminates $3.3-bn Lumileds sale to Chinese PE firm on US regulatory concern
23 Jan 2016
Despite extensive efforts by Philips the Committee on Foreign Investment in the United States (CFIUS) refused regulatory clearance on national-security grounds
Toshiba prepares to sell part of chip business
23 Jan 2016
Petrobras close to selling 36% stake worth $892 mn in Braskem
23 Jan 2016
Petrobras had last year decided to sell $15.1 billion of assets by the end of 2016 in order to fund expansion and pay off its massive debts