M&A
Two top ad firms Publicis, Omnicom in merger talks
27 Jul 2013
Two of the world’s large advertising firms Publicis Groupe SA and Omnicom Group Inc are in merger talks, which if successful, would create the world's largest advertising conglomerate
Etihad loosens grip on Jet; halves board membership to two
26 Jul 2013
The reworked shareholding agreement limits the number of directors representing Etihad on the 10-member Jet Airways’ board to two against of the earlier proposed four
SEBI puts onus for Jet-Etihad deal on FIPB, DEA
26 Jul 2013
Activision Blizzard buys back stake from Vivendi in $8.17-bn deal
26 Jul 2013
Activision Blizzard Inc, the world's largest and most profitable gaming company and a management group will buy itself back from French conglomerate Vivendi in an $8.17 billion deal
DLF sells 74% insurance JV stake to Dewan Housing
26 Jul 2013
In a move aimed at diversifying from housing finance to insurance, Dewan Housing Finance Ltd has acquired DLF’s 74-per cent stake in DLF Pramerica Life Insurance
Axel Springer sells some publications to rival Funke for $1.22 bn
26 Jul 2013
Axel Springer, Europe’s biggest newspaper publisher, yesterday sold two regional newspapers and some magazines to rival Funke Mediengruppe, for $1.22 million.
Michael Dell raises offer by a dime to tweak voting rules
25 Jul 2013
Michael Dell wants the company special committee to drop a rule that treats shares not cast either 'for' or 'against' the deal, as votes against the deal.
TCS completes acquisition of French ERP firm Alti
24 Jul 2013
Alti, among the top 5 SAP system integrators in France, catering to top French corporations in the banking, financial services, luxury, manufacturing and utilities sectors.
Cisco to buy cyber security solutions provider Sourcefire for $2.7 bn
23 Jul 2013
Cisco Systems Inc, the world’s biggest maker of networking gear, today agreed to buy cyber security solutions provider Sourcefire Inc, for around $2.7 billio
Telefonica to acquire KPN's German unit E-Plus in €5-bn deal
23 Jul 2013
Dutch telecom company Royal KPN NV today agreed to sell its E-Plus to Telefonica Deutschland in a cash and stock deal
Pharma giants target biotech firm Onyx
23 Jul 2013
Telefonica in talks to buy KPN’s German mobile-phone business E-Plus
23 Jul 2013
Spanish telecom giant Telefonica SA is in talks to buy Dutch telecom company Royal KPN NV’s German mobile-phone unit E-Plus, in a deal potentially valued at around $6.6 billion