M&A
Swiss miner Xstrata finds Glencore’s new offer too low
10 Sep 2012
The merger would create the world's fourth-largest mining company by market capitalisation, behind BHP Billiton, Vale of Brazil and Rio Tinto
Carlyle Group to buy Cogentrix Energy from Goldman Sachs
08 Sep 2012
The purchase includes five conventional and renewable power plants in Florida, Virginia, Colorado and California, and a development pipeline with over 550 MW capacity
Godrej to divest all 43% stake in JV with chocolate maker Hershey
08 Sep 2012
Hershey is buying out Godrej Industries and another minority shareholder who holds 6 per cent equity to assume 100 per cent control of the business
ONGC Videsh buys Hess’s stake in Azerbaijan’s ACG fields for $1 billion
08 Sep 2012
The Azeri-Chirag-Gunashli oil field, which is currently at the execution stage, has a 30-year production sharing agreement with expected extraction of 1 million barrels of oil per day
Deccan Chargers good fit for Videocon's brands: Venugopal Dhoot
07 Sep 2012
Videocon's branding budget had been pegged at Rs200 crore per annum and according to chairman Venugopal Dhoot owning an IPL team would be a value buy as a branding exercise for the company
ONGC's $5-bn plan for ConocoPhillips' Canadian assets hits roadblock
04 Sep 2012
ONGC's investments in Iran and Sudan, against whom the US has imposed trade sanctions, is likely to hit its attempts to acquire oil sands assets in Canada
Tech Mahindra acquires Hutchison’s BPO arm for $87 million
04 Sep 2012
Tech Mahindra today announced the acquisition of 100 per cent stake in business process outsourcing firm Hutchison Global Services Private Limited for $87.1 million in cash
Germany's Fresenius drops $4.09 bn bid for rival Rhoen-Klinikum
04 Sep 2012
German health care company Fresenius SE today said that it will not make a fresh bid for rival Rhoen-Klinikum, dropping plans to create the largest private-sector hospital operator in Germany