M&A
US regulator approves $3.7-bn M&T Bank-Hudson City merger
01 Oct 2015
The combination will create the 14th-biggest bank in the US with combined assets of around $132 billion
Metals firm Alcoa to split into two publicly traded entities
30 Sep 2015
The split would happen in the second half of 2016 with the legacy aluminum firm retaining the name Alcoa
Reliance Commmunictions close to merging SSTL’s India ops
30 Sep 2015
SSTL, which offers CDMA telecom services under the brand MTS, is a joint venture between Sistema of Russia and Shyam Group of India
US media analytics firms ComScore, Rentrak to merge in $800-mn deal
30 Sep 2015
Both media analytics firms hope to create a leading cross-platform measurement company to take on rival Nielsen Holdings
Reynolds American to sell Natural American Spirit brand to Japan Tobacco for $5 bn
29 Sep 2015
US tobacco giant Reynolds American Inc today struck a deal to sell the international rights to its additive-free Natural American Spirit brand outside the US to the Japan Tobacco Group of companies
Burger King to buy Belgian-based burger chain Quick Group
29 Sep 2015
Burger King, fast-food chain, France, Quick Group, Olivier Bertrand, private-equity firm, Qualium Investissement
China’s Alibaba invests undisclosed sum in Paytm
29 Sep 2015
Govt may consider lowering stake in PSU banks to 52%: Jaitley
28 Sep 2015
The government may consider reducing its stake in state-run banks to 52 per cent and give more operational freedom to public sector banks