M&A
Cooper Tire shareholders approve $2.5-bn merger with Apollo Tyres
01 Oct 2013
When finalised, the merger will create the seventh-largest tyre company in the world
PE firms in race for J&J’s Ortho Clinical Diagnostics unit
01 Oct 2013
Private equity firms have tabled preliminary bids for Johnson & Johnson's Ortho Clinical Diagnostics unit, which could fetch the US healthcare major around $5 billion
GSK sells thrombosis drugs to Aspen for $1.13 billion
01 Oct 2013
The sale comes a month after London-based GSK agreed to sell its Lucozade and Ribena soft drink brands to Japan's Suntory Beverages for £1.35 billion
Europe's largest sanitaryware maker Grohe to be sold to Japan's Lixil for $4-bn
27 Sep 2013
Europe's largest sanitary fittings maker Grohe AG yesterday agreed to be acquired by Japan's largest manufacturer of building materials Lixil Corp and the Development Bank of Japan (DBJ) for €3.06 billion ($4.1 billion
eBay to buy payment processor Braintree for $800 million
27 Sep 2013
US online retailer eBay Inc is buying Chicago-based payment processing company Braintree Payment Solutions, for $800 million in cash, in order to boost its PayPal unit's mobile commerce business
ONGC Videsh may bid for Tanzanian oil blocks
27 Sep 2013
Poddar group to prune stake in Gillette India, cede promoter role to P&G
27 Sep 2013
After the stock sale, Cincinnati-headquartered P&G will become the sole owner of Gillette India
ONGC to raise $4 bn overseas to fund Mozambique acquisitions
26 Sep 2013
With Reserve Bank raising it's main lending rate by to 7.50 per cent, it has become cheaper for Indian companies to raise money overseas
Japan’s Lixil tables preliminary $4-bn bid for German sanitaryware maker Grohe
26 Sep 2013
Lixil Corp, Japan's largest manufacturer group for building materials and housing equipment, has tabled a preliminary $4 billion takeover bid for Europe's largest sanitary fittings maker Grohe AG