M&A
China buys stakes in key Australian power assets
18 May 2013
The world's biggest utility company by revenue, State Grid Corp of China (SGCC), which is also the world's seventh-largest company, is planning to buy stakes in Australian power assets worth billions of dollars
Yahoo board to consider $1.1-bn bid for blogging service Tumblr
18 May 2013
Yahoo's board will meet on Sunday to decide whether to offer $1.1 billion in cash for blogging service Tumblr
Ousted from Citi, Vikram Pandit returns to Indian roots
17 May 2013
Former Citigroup chief executive Vikram Pandit will spearhead the proposed banking venture of Nimesh Kampani’s JM Financial, while also making a strategic investment in the financial services group
Cairn India boosts Vedanta’s FY’13 net profit by 163%
16 May 2013
During the year, the company also managed to reduce its net debt by $1.5 billion to $8.615 billion despite near zero production by group iron ore mining firm Sesa Goa
Actavis rejects Mylan’s $15-bn offer
15 May 2013
Mylan’s offer came soon after Actavis put on hold discussions over selling itself to Canada's Valeant Pharmaceuticals International Inc for more than $13 billion
Carl Icahn, Southeastern table firm bid for Dell
11 May 2013
The offer would still leave a portion of Dell publicly traded, compared to Michael Dell’s offer of taking the entire company private for $13.65 a share in cash
Actavis in talks to buy Ireland’s Warner Chilcott
11 May 2013
Actavis, the world's third-largest generic drugmaker today said that it is in “early stage discussions” to buy Irish specialty pharmaceutical company Warner Chilcott Plc
Alibaba buys 28% in Chinese map-nav firm AutoNavi
11 May 2013
The investment would make Alibaba the largest shareholder of Nasdaq-listed AutoNavi after the company's CEO, Jun Hou, who holds 16.7- per cent stake.