M&A
Indonesia’s Overseas Union Enterprise tables $10.7 bn counter-bid for Fraser and Neave
16 Nov 2012
Japanese brewer Kirin Holdings, which holds a 14.8 per cent stake in F&N, has backed OUE’s offer, and if the bid is successful, Kirin plans to buy back F&N's food and beverage operations for about S$2.7 billion
DLF divests to cut debt; will sell Aman Hotel
15 Nov 2012
Starbucks to serve tea with $620-mn Teavana Holdings
15 Nov 2012
Teavana is a specialty retailer offering more than 100 varieties of premium loose-leaf teas, authentic artisanal teaware and other tea-related merchandise through 300 company-owned stores in the US, Canada and Mexico
GrainCorp rebuffs Archer Daniel Midland's $2.77-bn bid
15 Nov 2012
Australian grain handler GrainCorp yesterday rejected $2.77-billion takeover bid from US agriculture giant Archer Daniel Midland
Posco consortium to buy $1-bn stake in ArcelorMittal Mines Canada
14 Nov 2012
ArcelorMittal Mines Canada is one of the leading suppliers of iron ore to steel markets around the world, generating some 40 per cent of Canada’s total ore production
Telstra joins bidding for Leighton assets
10 Nov 2012
Telstra, Australia’s largest telecom service provider, has formally entered the sale process for buying Leighton Holdings’ $1 billion telecommunications assets, braving the possibility of objections from the Australian Competition and Consumer Commission.
Precision Castparts to acquire Titanium Metals for $2.9 billion
10 Nov 2012
Titanium Metals , the largest independent titanium manufacturer in the US, is also the largest supplier to Precision Castparts
Diageo to acquire 53.4 % in United Spirits for Rs11,165 crore
09 Nov 2012
Diageo, which holds 25 per cent of the world's premium liquor market, will acquire a 53.4-per cent stake in Bangalore-based USL in a two stage deal
Diageo to acquire 53.4 % in United Spirits for Rs11,165 crore
09 Nov 2012
Vijay Mallya, the self-professed King of Good Times, has finally sold a majority stake in United Spirits Ltd (USL), the flagship company of the United Breweries (UB) Group