M&A
GS Capital in talks to sell Michael Foods for around $2.5 bn
12 Apr 2014
GS Capital Partners, an affiliate of Goldman Sachs is in advanced talks to sell US food processor and distributor Michael Foods Group in a deal worth around $2.5 billion
Suzlon to sell Big Sky Wind Farm to EverPower Wind Holdings
12 Apr 2014
Within a week of acquiring the financially distressed Big Sky Wind Farm in the US, Pune-based Suzlon, the world’s fifth largest wind turbine manufacturer, is selling it to EverPower Wind Holdings, Inc, for an undisclosed sum
Alibaba to buy Chinese digital mapping firm AutoNavi in $1.5 bn deal
12 Apr 2014
Alibaba Group, China's largest e-commerce company, yesterday struck a deal to buy AutoNavi Holdings Ltd,the most popular mapping app in China that provides over 20 million geographical points of interest across China
Koch, Goldman Sachs to buy Flint Group for over $3 bn
11 Apr 2014
Flint is one of the world’s leading suppliers of inks and other print consumables like flexographic printing plates, blankets, image transfer products and chemicals for press rooms, to the packaging and the print media industries
Holcim-Lafarge deal needs lengthy review, says EU antitrust chief
10 Apr 2014
The merged Lafarge-Holcim, with $44 billion of annual sales, would need regulatory approval in 15 countries
Piramal to sell entire stake in Vodafone India for Rs8,900 crore
10 Apr 2014
Ajay Piramal-led Piramal Enterprises Ltd today agreed to sell its 10.97 per cent stake in Vodafone India Ltd to parent Vodafone Group Plc, for Rs8,900 crore
Procter & Gamble to sell most of its pet food business to Mars for $2.9 bn
10 Apr 2014
US multinational consumer goods company Procter & Gamble Co (P&G) yesterday struck a deal to sell most of its pet food business to Mars Inc for $2.9 billion in cash in order to focus on its core consumer business
Ranbaxy drug flows to Europe, US to dry up
09 Apr 2014
Sun Pharmaceutical Industries plans to phase out sales of Ranbaxy’s branded generic drugs in the US while continuing sales in other markets
SA retailer Woolworths Holdings to buy Australia’s David Jones for $2.1 bn
09 Apr 2014
David Jones, one of the oldest up-market department store chains in the world, has 38 stores across Australia besides a financial services alliance with American Express Australia