M&A
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
Cement giants Holcim and Lafarge announce merger of equals
08 Apr 2014
Two of the world’s biggest cement companies, Holcim of Switzerland and Lafarge of France yesterday agreed to merge, creating the world's biggest cement maker, with a market cap of $50 billion and annual sales of nearly $43 billion
Vivendi agrees to sell telecom unit SFR to Numericable in an over $23-bn deal
08 Apr 2014
A merged SFR-Numericable would have almost 7 million broadband customers and 21 million mobile customers
Irish drugmaker Mallinckrodt to buy Questcor Pharmaceuticals for $5.6 bn
08 Apr 2014
Questcor's main product, the injectable drug Acthar Gel, which it acquired in 2001 from Aventis, is used in the treatment of 19 conditions, including multiple sclerosis and infantile spasms
Sun Pharma, Ranbaxy to merge in Rs24,000 all-stock deal
07 Apr 2014
The merger will create India's largest pharmaceutical company and the world's fifth largest speciality generics company with annual emerging market sales nearing Rs6,000 crore
China's Sanpower Group buys House of Fraser for $750 mn
05 Apr 2014
The historic, 165 year-old British department retail chain, House of Fraser, was yesterday sold to one of China's largest privately-owned business conglomerates