M&A
Siemens to acquire rail automation unit of Invensys for $2.78 bn
29 Nov 2012
Siemens AG, Europe’s biggest engineering firm plans to strengthen its signalling business with the acquisition of Invensys Rail, the rail automation unit of British engineering and software company Invensys
Sahara acquires two New York hotels for $800 million
28 Nov 2012
Diversified business group Sahara India has completed the acquisition of two iconic New York hotels, New York Plaza and New York hotelier Vikram Chatwal's Dream New York
ConAgra Foods to acquire Ralcorp Holdings for $5 billion
28 Nov 2012
The acquisition will make ConAgra North America's biggest manufacturer of cereals, crackers and other packaged foods sold under store labels.
ONGC to acquire ConocoPhillips' Kazakh oilfield stake for $5 bn
27 Nov 2012
In its largest ever overseas acquisition, ONGC wil buy US oil and gas giant ConocoPhillips’ 8.4-per cent stake in Kazakhstan’s Kashagan oilfield for approximately $5 billion
Patnis purchase stake in Grameen Capital India
27 Nov 2012
European regulator approves $67-bn Glencore-Xstrata deal with conditions
23 Nov 2012
Glencore now has to wait for the approval of regulators in China and South Africa to seal the merger, after shareholders of both companies this week finally approved the long-awaited merger