M&A
United Spirits to sell Whyte & Mackay to Philippines-based Emperador for $729 mn
10 May 2014
United Spirits Ltd, India’s largest spirits company, has struck a deal to sell its Whyte & Mackay scotch whisky unit to Philippines-based Emperador
Essar Global Fund wins shareholders approval to buy Essar Energy
10 May 2014
London-based Essar Energy owns the Vadinar refinery in Gujarat, the second-largest private sector refinery in India, the Stanlow refinery in the UK, a 50-per cent stake in the Kenya Petroleum Refinery Limited
Omnicom, Publicis call off $35 billion merger
09 May 2014
Both companies decided to terminate their proposed merger in view of difficulties and complexities of the transaction
Sebi exempts Etihad from making open offer in Jet deal
08 May 2014
Sebi has exempted Etihad from making a mandatory public offer, saying its acquisition ' of a 24-per cent stake in Jet Airways did not amount to a change in ownership
Mondelez and D E Master Blenders to merge coffee business
08 May 2014
Two of the world’s largest coffee sellers, Mondelez International Inc and D.E Master Blenders, are merging their coffee business to create the world's biggest pure-play coffee company with annual sales of $7.3 billion.
Pfizer seeks to allay fears over AstraZeneca deal
07 May 2014
Pfizer says the merger with AstraZeneca would bolster innovative science and speed up the development of new treatments
Pfizer seeks to allay fears over AstraZeneca deal
07 May 2014
Pfizer says the merger with AstraZeneca would bolster innovative science and speed up the development of new treatments
Pfizer seeks to allay fears over AstraZeneca deal
07 May 2014
Pfizer says the merger with AstraZeneca would bolster innovative science and speed up the development of new treatments
Siemens, Mitsubishi in metals alliance
07 May 2014
The JV with approximately 9,000 employees, will focus fully on iron, steel and aluminum industries
Carphone Warehouse, Dixons Retail in "merger of equals" talks
07 May 2014
British mobile phone retailer Carphone Warehouse and specialist electrical products retailer Dixons Retail are close to announcing a merger of equals, creating an entity valued at around £3.7 billion
Rolls-Royce to sell energy gas turbine and compressor business to Siemens for $1.33 bn
07 May 2014
The business being sold supplies aero-derivative gas turbines, compressor systems and related services to customers in the oil and gas and power generation sectors
Adidas seeks buyers for Rockport brand
07 May 2014
Concept PR acquires I:Connect Enterprises
07 May 2014
Sterigenics raises bid for Canadian isotope supplier Nordion to $758 mn
06 May 2014
Nordion is one of the world's leading producers of molybdenum-99, an isotope used in medical imaging and a leading provider of sterilisation technologies and medical isotopes used for the prevention, diagnosis and treatment of diseases
GE offers to buy shares in two of Alstom's Indian subsidiaries for Rs2,336 crore
05 May 2014
GE, which aims to generate 70 per cent of its earnings from industrial businesses, will proceed with the tender offers only if its bid for Alstom's energy arm is successful