M&A
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
UK govt to offload remaining 30% stake in Royal Mail for £1.5 bn
05 Jun 2015
The five-centuries-old Royal Mail was privatised in 2013, when the government offloaded 70-per cent stake in the postal service through a London initial public offering
Teva pressures takeover target Mylan with 1.8% stake buy
03 Jun 2015
Analysts expect Teva to make a sweetened formal bid for Mylan after raising its stake to the 4.6 per cent threshold, because once it tables a formal bid, it cannot buy Mylan shares from the market
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing