M&A
Teva in $40.5-bn pact to buy Allergan's generics, ends Mylan bid
27 Jul 2015
Post-merger, Allergan will have one of the broadest product portfolios and strongest pipelines in the generics industry
Historic Scotland Yard building to be converted to luxury hotel
27 Jul 2015
The Edwardian, grade II heritage Scotland Yard building in London will soon be converted into a luxury hotel
Rajesh Exports buys world's top gold refiner Valcambi for $400 mn
27 Jul 2015
The world's largest gold jewellery maker, Rajesh Exports Ltd, has acquired Swiss gold refinery Valcambi, the world's largest gold refiner, in an all-cash deal worth $400 million
Pearson to sell 50% stake in Economist
27 Jul 2015
Deutsche Boerse buys forex platform 360T for $796 mn
27 Jul 2015
Founded in 2000, 360T is credited with helping launch a new generation of forex platforms that allowed European companies to pick banks of their choice for currency trading
Teva in talks to buy Allergan's generic-drug unit for $45 bn: report
27 Jul 2015
A deal with Allergan would indicate that Teva could be considering abandoning its plan to buy Mylan NV after the Netherlands-based company rejected its $40-billion takeover offer
Health insurers Anthem, Cigna Corp to merge in $54.2-bn deal
25 Jul 2015
The combined company would have over $115 billion in annual revenue
AT&T completes DirecTV acquisition
25 Jul 2015
Japan's Nikkei buys Financial Times for $1.3 bn from Pearsons
24 Jul 2015
The acquisition of Financial Times is the biggest by the Japanese media group, which had to outbid Germany’s biggest news publisher Axel Springer AG to clinch the deal
Cairn Energy may join LIC to vote against Vedanta-Cairn India merger: reports
23 Jul 2015
Cairn Energy Plc is set to vote against Vedanta Ltd's $2.3-billion buyout offer for Cairn India's minority shareholders
Qualcomm to restructure with 15% lower workforce
23 Jul 2015
Lupin buys US generics drug maker Gavis for $880 mn
23 Jul 2015
The cash-free and debt-free acquisition creates the fifth-largest portfolio of new drug filings with the US FDA, addressing a $63.8-billion market
BlackBerry to acquire AtHoc
23 Jul 2015
HSBC close to selling Turkish unit to ING for $750 mn: report
23 Jul 2015
Analysts sayTurkey is a difficult market for foreign banks due to stiff competition with local lenders, and yet attractive by virtue of its young population and geographic location between Asia and Europe
US health insurer Anthem is close to inking a deal to buy Cigna for over $48 bn
23 Jul 2015
The proposed acquisition comes amidst consolidation among health insurers and health care companies in the US in order to cut costs due to President Barrack Obama's changed Affordable Care Act