M&A
Telenor and TeliaSonera to merge Danish operations into equal JV
03 Dec 2014
The merged entity will have a combined mobile subscriber base of around 3.5 million, market share of approximately 40 per cent, revenues of more than DKK 9 billion ($1.5 bn) and significant synergy potential
Aviva agrees to buy Friends Life for $8.8 bn
02 Dec 2014
US chipmaker Cypress in $4-bn merger deal with peer Spansion
02 Dec 2014
The merger of Cypress Semiconductor Corp and Spansion Inc, will create a leading global provider of microcontrollers and specialised memories for embedded systems
Warren Buffet’s Lubrizol to buy two units of Weatherford for $750 mn
02 Dec 2014
The acquisitions of these two businesses will give Lubrizol a more significant footprint in the $20-billion oilfield chemicals business
JSW Steel eyes Rs30,000-cr acquisition of Bhushan Steel, defers Italian plans
01 Dec 2014
JSW Steel Ltd, the third-largest steel maker in India, has deferred plans to acquire Italian steelmaker Lucchini SpV and instead decided buy Bhushan Steel's Odisha unit and through it a stake in Orissa Sponge
Mangalore Chemicals shares spurt as Vijay Mallya resigns from board
01 Dec 2014
Vijay Mallya has stepped down from the board of Mangalore Chemicals & Fertilizers as he lost control of his last bastion after losing control of Kingfisher Airlines and United Spirits
German utility giant E.ON to split into two in major restructuring
01 Dec 2014
In response to rapid changes in the global energy markets, Germany’s largest utility E.ON SE plans to split its $122-billion business into two, with one focusing on renewable energy and the other on conventional energy
P&G explores sale of Wella hair care business worth around $7 bn
29 Nov 2014
The potential sale comes two weeks after P&G agreed to sell its Duracell battery unit to Warren Buffett's investment firm Berkshire Hathaway in a stock swap deal worth $3 billion
Canada’s BCE to buy local mobile phone retailer Glentel for $586 mn
29 Nov 2014
Better known by its brand name Bell, Canada's largest communications company BCE, yesterday struck a deal to buy local mobile phone retailer Glentel, in a $586-million deal
Cooper Tire to sell majority stake in Chinese JV to partner Chengshan
28 Nov 2014
US-based Cooper Tire & Rubber Co, the target of a failed takeover by India’s Apollo Tyres, yesterday agreed to sell its majority stake in Chinese joint venture to partner Chengshan Group, Gurgaon-based tyre make