M&A
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
Mylan to buy Famy women’s healthcare business
03 Feb 2015
Qatar Airways takes 9.99 per cent stake in IAG
31 Jan 2015
Sun Pharma buyout of Ranbaxy gets conditional US nod
31 Jan 2015
Fearing that the $4-billion deal would be anti-competitive, the FTC has stipulated that Sun sell its interest in a generic anti-bacterial medicine
SpiceJet board okays sale of Marans’stake to Ajay Singh
30 Jan 2015
SpiceJet plans to raise Rs1,500 crore by way of issuing securities and allotting non-convertible preference shares to the Marans, who will be exiting the management
Govt not to pursue Vodafone case; avoid appeals in tax cases
29 Jan 2015
The cabinet decided on Wednesday the government will not in future appeal cases that have been decided by appellate bodies in favour of the taxpayer
CommScope to acquire Tyco spinoff TE Connectivity’s network business for $3 bn
29 Jan 2015
The purchase includes TE’s telecom, enterprise and wireless businesses but excludes its submarine and data communication assets
Max India to be split into three separate units
28 Jan 2015
Aer Lingus mulls BA parent IAG’s sweetened offer
27 Jan 2015
Aer Lingus confirmed that it had received a revised offer and the airline’s board is considering the proposal
Canada’s RBC acquires City National for $5.4 bn
23 Jan 2015
Canada's’s biggest commercial bank, Royal Bank of Canada (RBC), is acquiring US-based City National Corp, a premium commercial lender serving Hollywood clients in a bid to expand its wealth management business in the US