M&A
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.
StanChart in talks to buy Morgan Stanley India wealth unit
10 May 2013
Morgan Stanley's India wealth unit manages approximately $1 billion, including loans
Carlyle Group tables bid for Rio Tinto's Northparkes copper mine
10 May 2013
Northparkes will become an insignificant asset once Rio Tinto starts mining its majority-controlled massive Oyu Tolgoi copper mine in Mongolia
Apache Corp plans to sell assets worth $4 bn
09 May 2013
Facebook in talks to buy Israeli mobile navigation start-up Waze for $1 bn: report
09 May 2013
Facebook Inc is in late-stage talks to buy Israeli mobile satellite navigation start-up Waze for up to $1 billion