M&A
Sun’s Shanghvi reported in talks with Tanti for Suzlon stake
13 Feb 2015
Sun Pharmaceuticals founder Dilip Shanghvi and Tulsi Tanti of Suzlon Energy are in advanced talks for a multi-layer deal to eventually give the pharma baron's family a stake in the debt-laden wind turbine maker
Glencore to quit platinum mining
12 Feb 2015
Pipavav Defence denies reports of stake sale to Mahindras
12 Feb 2015
Pipavav Defence & Offshore Engineering has denied it was in talks to sell a stake to M&M, after widespread reports today that the Mahindras were close to picking up a 25-30 per cent stake in it
Mahindras set to buy up to 30% stake in Pipavav Defence
12 Feb 2015
Although the reports have not been officially confirmed, a stake in Pipavav Defence & Offshore Engineering will give the Mahindras a big presence in the defence sector
Telecity acquires rival Interxion for $2.2 bn for ‘cloud’ expansion
12 Feb 2015
Leading British data center provider Telecity Group Plc has agreed to merge its business with US-listed Interxion Holding NV for approximately £1.4 billion in an all-stock deal
Grasim to merger group company Aditya Birla Chemicals
11 Feb 2015
The proposed merger will consolidate Aditya Birla Group’s chlor-alakali business into Grasim and strengthen its existing portfolio of viscose staple fibre, caustic soda and allied chemicals
Canon acquires Swedish network surveillance leader Axis for $2.8 bn
11 Feb 2015
Japanese imaging giant Canon Inc has struck a friendly deal to acquire Sweden’s Axis AB, a leader in network video surveillance technologies, in a bid to expand into fast growing video surveillance market
Tahoe Resources buys rival Rio Alto for C$1.3-bn
10 Feb 2015
Ratan Tata invests in CarDekho parent GirnarSoft
09 Feb 2015
Ratan Tata’s first investment in an auto portal in his personal capacity, the investment augurs well for Tata Motors, which is passing through the worst of times with low sales and profits
US communications specialist Harris Corp acquires Exelis for $4.75 bn
07 Feb 2015
Further to the closing, Harris shareholders will own about 85 per cent of combined entity, while shareholders of Exelis will own the remaining 15 per cent.
Mirach says Sahara deliberately blocking sale of assets
06 Feb 2015
Mirach, which was floated only weeks ago to facilitate a structured deal between unnamed investors and Sahara, alleged that members of the Sahara Group violated the exclusivity agreement
Staples acquires rival Office Depot for $6.3 bn
05 Feb 2015
Leading US office supplies retailer Staples Inc is buying rival Office Depot Inc in a deal valued at $6.3 billion, aiming to compete with bigger e-commerce rivals such as Amazon and eBay
Verizon close to selling $15-bn of assets to pay debt: report
03 Feb 2015
The company’s debt burden had increased substantially following its $130-billion buyout of Vodafone Group Plc’s 45-per cent stake in their US joint venture