M&A
Apollo Tyres' $2.5-bn acquisition of Cooper Tire hits union hurdle
16 Sep 2013
An arbitrator has ruled that Cooper cannot sell two plants in the US to Apollo unless the Indian company first reaches an agreement with the workers of those plants
Lockheed Martin acquires British IT Amor Group
13 Sep 2013
Dell shareholders approve Michael Dell's $25-bn offer
13 Sep 2013
Dell Shareholders today approved Michael Dell's offer to take the company private for $25 billion, ending six months of bitter opposition from billionaire activist investor Carl Icahn
Time Inc acquires American Express Publishing Corp
12 Sep 2013
New York-based AmEx has been compelled to sell its magazines unit since US banking regulations bar financial firms from undertaking non-financial activities
UltraTech to buy 51% in Jaypee Cement unit for Rs4,000 crore
11 Sep 2013
The Aditya Birla Group firm will acquire a 51-per cent stake in Jaypee Cement’s 5 million tonne per annum Gujarat facility
Cisco enters data storage business with Whiptail acquisition
11 Sep 2013
With this acquisition, though Cisco will enter the $50-billion enterprise storage industry, the deal could affect its existing partnerships EMC and NetApp, both of whom make storage systems-based on flash memory chips
Canada sells part stake in GM for $1.1 bn
11 Sep 2013
IBM to sell its customer-care outsourcing business to Synnex for $505 mn
11 Sep 2013
IBM is selling its customer-care outsourcing business to Synnex Corp for $430 million in cash and $75 million in stock, giving IBM a stake in the California-based acquirer
Koch Industries to acquire Molex for $7.2 bn
10 Sep 2013
Koch Industries, the second-largest private corporation in the US with annual revenues of about $115 billion, is buying Molex Inc, a maker electronic, electrical and fibre optic interconnection systems
Japan's Suntory to pay $2.11 bn for GSK’s Lucozade, Ribena soft drink brands
10 Sep 2013
Japan's Suntory Beverage & Food Ltd yesterday agreed to buy the Lucozade and Ribena brands from GlaxoSmithKline Plc, for £1.35 billion in order to expand its soft drinks portfolio in Europe