M&A
Barclays sells index business to Bloomberg for $787 mn
17 Dec 2015
Barclays’ index benchmarking includes its various financial market indices, risk analytics and tools for portfolio construction and analysis
UBM sells PR Newswire to Cision for $841 mn
16 Dec 2015
Royal Dutch Shell to axe 2,800 jobs
15 Dec 2015
Mahindra to buy Italian car designer Pininfarina
15 Dec 2015
US consumer goods major Newell Rubbermaid acquires rival Jarden for $15 bn
15 Dec 2015
The combined entity, to be renamed Newell Brands, will create a $16-billion consumer goods company with a strong portfolio of leading brands
Rio Tinto close to securing $4-bn for Mongolian copper project
14 Dec 2015
A group of 15 global banks have agreed to fund Anglo-Australian mining giant Rio Tinto's prolific OyuTolgoi copper and gold project in Mongolia
Alibaba buys South China Morning Post
12 Dec 2015
Alibaba hopes to boost global readership through digital distribution and easier access to content of SCMP, which has the advantage of focused coverage of China, the world’s second largest economy
No lack of buyers as Dawood properties auctioned
10 Dec 2015
While there was no official confirmation that the properties auctioned in Mumbai were actually owned by India’s most wanted criminal, a restaurant purportedly belonging to him was sold for Rs4 crore and a car for Rs32,000
CMA CGM to acquire Neptune Orient Lines for $2.4 billion
10 Dec 2015
With the acquisition, CMA CGM will further reinforce its position as a leader in global shipping with combined revenue of $22 billion and 563 vessels and an expanded market
Dow, DuPont to merge and split, say reports
10 Dec 2015
The $120 billion combination will split further into three companies to focus on agriculture, specialty chemicals and materials, says a Wall Street Journal report
Yahoo may go for major restructuring: report
09 Dec 2015
Yahoo's board members are yet to decide whether to sell the company’s core business, which includes Mail, its sports sites, and advertising technology