M&A
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
News Corp buys out ESPN in ESPN Star Sports JV
08 Nov 2012
Rupert Murdoch’s News Corporation has completed the acquisition of ESPN’s 50-per cent stake in their sports broadcasting joint venture ESPN Star Sports
Gulf Oil acquires US specialty chemicals firm Houghton for $1.05 bn
07 Nov 2012
The acquisition of Houghton with its manufacturing plants around the world would be the largest-ever foreign acquisition by an Indian company this year