M&A
Orion to bid for Tesco's S Korean unit, Homeplus
15 Jun 2015
Canadian retailer HBC to acquire Metro AG’s department store business
15 Jun 2015
The deal would include the Galeria Kaufhof chain in Germany and Galeria Inno in neighboring Belgium, as also the business's real-estate portfolio
Vedanta annexes Cairn India in $2.3-bn all-stock deal
15 Jun 2015
The merger will help debt-laden Vedanta to use debt-free Cairn India’s cash reserves of over Rs16,800 crore to part pay its Rs37,636 crore debt
L&T to raise $1-1.5 bn through sale of stake in non-core business; focus on smart cities
12 Jun 2015
Diversified engineering giant L&T is raising resources to invest in three key segments - smart cities, smart communication systems and security solutions
Hess Corp sells half of Bakken midstream assets for $2.68 bn
12 Jun 2015
Hess intends to use the sale proceeds to strengthen its balance sheet in the volatile oil price environment for future growth and share buybacks
Johnson Controls to spin off auto parts business
11 Jun 2015
Australian regulator raises concerns over $1.2-bn TPG-iiNet deal
11 Jun 2015
The acquisition will create Australia’s second-biggest provider of fixed-line broadband services, behind telecom giant Telstra’s Big Pond and ahead of SingTel’s Optus and M2 Group’s Dodo and iPrimus
Tokio Marine Holdings agrees to acquire HCC Insurance Holdings for $7.5 bn
10 Jun 2015
Tokio Marine Holdings Inc today said it will acquire US-based HCC Insurance Holdings Inc for $7.5 billion, in the biggest overseas deal ever made by a Japanese non-life insurance company
Eurotunnel sells MyFerryLink to rival DFDS
08 Jun 2015
Sahara clinches Rs5,500-cr debt deal for London, US hotels: report
08 Jun 2015
Billionaire brothers David and Simon Reuben are reported to have acquired control of Sahara Group’s iconic Grosvenor House hotel in London and two US properties in a $850-million debt refinance deal
Brazilian billionaire mulling bid for Diageo: report
06 Jun 2015
London-based Diageo owns some of the world’s leading beverage brands, including Johnnie Walker whisky, Smirnoff vodka, Tanqueray gin, Don Julio tequila and Guinness beer
Vodafone, Liberty Global in talks to swap `select assets’: report
06 Jun 2015
Reports did not rule out possible merger moves that would see one of the largest deals ever, with Liberty Global currently valued about $89 billion and Vodafone topping $140 billion in valuation