M&A
Discovery buys Northern European TV channels for $1.7 bn
15 Dec 2012
The purchase will include 12 television networks in Norway, Sweden, Denmark and Finland and other assets, which will further solidify the US company’s long-term growth in the strong Nordic TV markets
LSE to renegotiate LCH deal
15 Dec 2012
ArcelorMittal sells 20 % stake in Canada’s Baffinland Iron Ore Mines to partner Nunavut
14 Dec 2012
With debts of around $23 billion, ArcelorMittal has sold a 20-per cent stake in Canada's Baffinland Iron Ore Mines to Nunavut
Renault raises $1.93 bn from Volvo stake sale
13 Dec 2012
Bill Gates becomes Canadian National Rail's largest shareholder with 12 % stake
13 Dec 2012
US billionaire and Microsoft founder Bill Gates has boosted his stake in Canadian National Railway Co to approximately 12 per cent, worth around $4.7 billion
UTC to sell Pratt & Whitney’s power systems unit to Mitsubishi Heavy Industries
13 Dec 2012
The sale is part of United Technologies' plan to divest non-core assets and focus on aerospace and building solutions, following its $18.4 billion acquisition of Goodrich Corp earlier this year
BT exits Tech Mahindra
12 Dec 2012
BT, which set up Tech Mahindra as a joint venture with M&M and was its second largest shareholder, has been gradually paring its stake in the Indian firm
Delta buys Singapore Airlines' 49 % stake in Virgin Atlantic
12 Dec 2012
Virgin Group and Sir Richard Branson will continue to hold a majority 51 per cent stake in Virgin Atlantic, while Delta will get three seats on Virgin Atlantic’s board.