M&A
Total acquires 37.4% in Adani Gas for Rs5,662cr
14 Oct 2019
Total is acquiring 37.4 per cent in Adani Gas Limited, in which Adani holds 74.8 per cent and also 50 per cent stake each in two import and regasification LNG terminals - at Dhamra in east India and potentially Mundra in the west
Govt may sell most of its stake in BPCL: report
07 Oct 2019
With an annual refining capacity of 34 million tonnes and about 25 per cent share of India's fuel market, BPCL is an attractive buy for companies like RIL-BP, Saudi Aramco, Total SA and several others looking to enter the world's fastest-growing fuel retail market
Mahindra to invest Rs650 cr for 51% stake in JV with Ford
01 Oct 2019
The joint venture will help both companies to deliver operational excellence and value to stakeholders through greater economies of scale, including optimised sourcing, product development, use of relevant technologies and a global reach
Ford nearer to India JV deal with Mahindra: report
25 Sep 2019
Under the joint venture deal structure after months of discussions, Ford will hold 49 per cent while Mahindra will own 51 per cent, according to a Reuters report
Petronet signs $2.5 billion deal with Tellurian for 5 million tonnes LNG
23 Sep 2019
Petronet signed an MoU with the US natural gas company for sourcing up to 5 million tonnes of LNG through equity investment in the latter’s Driftwood project
China Mengniu to buy Australia infant food maker Bellamy's for $1 billion
16 Sep 2019
The deal provides Mengniu with a prized consumer brand with a vast market, including China, while for Bellamy’s investors it opens up the Chinese market
Malaysia’s Axiata, Telenor call off merger move
11 Sep 2019
Hong Kong Exchanges bids $39 bn for London Stock Exchange
11 Sep 2019
LSE CEO David Schwimmer has said that big bang takeovers in exchanges are difficult due to political concerns and LSE’s move to diversify
Rana Kapoor in talks to sell Yes Bank stake to Paytm
10 Sep 2019
The deal, however, is yet to finalised as Paytm owner Sharma is still evaluating the pros and cons of the deal, which involves a lot of complexities, including promoter ownership shareholding as also regulatory challenges
Patanjali finally gets hold of Ruchi Soya
09 Sep 2019
Amazon acquires 49% stake in Future Coupons
23 Aug 2019
The move by American giant Amazon to acquire a stake in Future Coupons is heating up the retail scenario in India, especially with Walmart also planning major expansion and Reliance Retail joining hands with small-time retailers
Amazon to acquire 10% stake in Future Retail
13 Aug 2019
Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail
Saudi Aramco to buy 20% in RIL's oil-to-chemical business for $75 bn
12 Aug 2019
Saudi Aramco will supply 500,00 barrels of crude oil a day to RIL's Jamnagar refinery under the long-term partnership