M&A
Charter reaches out to Time Warner Cable over potential merger
04 May 2015
The move comes a few days after TWC and Comcast Corp abandoned their $45.2-billion merger over opposition from consumers and the federal regulator
Aditya Birla Group merges apparel brands into Rs5,290-cr business
04 May 2015
The company said the move would enable Aditya Birla Nuvo to unlock value for the shareholders by consolidating its branded apparels businesses
GE to meet EC objections over proposed Alstom SA takeover
02 May 2015
The European Commission last month announced an extension of its investigation over concerns the takeover would see an increase in gas turbine prices
Fortis to sell Singapore subsidiary to Fullerton for Rs530 crore
02 May 2015
After having been thwarted by the Malaysian regulator in its attemptt to sell RadLink-Asia to IHH Healthcare, Fortis has struck a sale deal with Singapre's Fullerton Healthcare
Pfizer is unnamed bidder for Swedish rare disease firm Orphan Biovitrum
02 May 2015
Pfizer’s interest in rare diseases first became evident in December 2009, when the company licensed the worldwide rights to taliglucerase alfa, a product that treats the genetic disorder Gaucher disease
Spectrum Brands to buy car care products maker Armored AutoGroup for $1.4 bn
29 Apr 2015
US consumer products company Spectrum Brands Holdings Inc yesterday struck a deal to buy car care products maker Armored AutoGroup Parent Inc from private equity firm Avista Capital Partners
XPO Logistics to buy French rival Norbert Dentressangle for $3.53 bn
29 Apr 2015
The acquisition brings to XPO's fold access to Europe's largest fleet network of 7,700 owned trucks, 3,200 trucks contracted through owner-operators and access to an additional 12,000 independent carriers
Barrick Gold to sell stake in Chilean copper mine
28 Apr 2015
Barrick reported a 35-per cent plunge in net income to $57 million in the first quarter on the back of a 6 per cent fall in gold prices and a 17 per cent decline in the price of copper
Capgemini to buy iGate for $4 bn
27 Apr 2015
iGate generated about 70 per cent of its $1.27 billion revenue from the US last year and, post-closing, North America will represent 30 per cent of the combined 2015 revenue of €12.5 billion ($13.58 billion)
Australia’s M2 Group joins the race for iiNet with $1.3-bn bid
27 Apr 2015
Under M2’s scheme, iiNet shareholders would get 0.803 M2 shares plus A$0.75 cash per share as a special dividend against TPG offer of A$8.8 per share besides getting to own about 42 per cent of the share capital of the enlarged M2 Group