M&A
JNTT to take its mobile carrier Docomo private in a $40 bn buyout
30 Sep 2020
NTT is offering JPY 3,900 (or about $36.93) per share (ADS) of Docomo’s common stock, a premium of 40.5 per cent to its closing price on Monday
TikTok prefers Oracle over Microsoft for a deal in US
14 Sep 2020
With President Trump’s 20 September deadline for a sale of TikTok’s US business and China erecting new regulatory hurdles, the situation looks very complicated for a deal to go through
Tiffany files lawsuit as LVMH abandons merger deal
10 Sep 2020
Tiffani’s lawsuit seeks a court order to enforce the merger agreement between Tiffany and LVMH even as LVMH cites French government’s call to halt the agreement until it strikes a trade deal with the US over custom duty imposts
China invokes new rules to block sale of TikTok
04 Sep 2020
The Chinese government last week added several artificial intelligence features to a list of export-restricted technologies, effectively gaining the right to block a deal by TikTok
Verizon, Amazon eye $4 bn stake in Vodafone Idea: report
04 Sep 2020
Acquisition of a majority stake in Vodafone Idea would help Amazon set up competition against Reliance Industries while it would open up a market for Verizon’s 5G telecom offerings
Adani Group to acquire 74% stake in Mumbai, Navi Mumbai airports
01 Sep 2020
Adani to assume the entire debt of GVKADL in Mumbai International Airports Ltd and the 23.5 per cent interest of two other investors to take a 74 per cent stake in MIAL and the green field Navi Mumbai Airport, respectively
Reliance-Future Group set to sign Rs30,000-cr retail asset deal: report
31 Aug 2020
FEL will transfer the retail and wholesale undertaking to Reliance Retail and Fashion Lifestyle Limited (RRFLL) and the logistics and warehousing undertaking to Reliance Retail Ventures Ltd while RRFLL will invest Rs1,200 crore in the preferential issue of equity shares of Future Enterprises Ltd to acquire a minority stake in FEL