M&A
Morgan Stanley, Citigroup agree Smith Barney price of $13.5 bn
12 Sep 2012
Morgan Stanley emerged winner in the deal over Citigroup, which considered the brokerage business was worth approximately $22 billion, while Morgan Staley’s own valuation for the business was only around $9 billion
Morgan Stanley, Citigroup agree Smith Barney price of $13.5 bn
12 Sep 2012
Morgan Stanley emerged winner in the deal over Citigroup, which considered the brokerage business was worth approximately $22 billion, while Morgan Staley’s own valuation for the business was only around $9 billion
Morgan Stanley, Citigroup agree Smith Barney price of $13.5 bn
12 Sep 2012
Morgan Stanley emerged winner in the deal over Citigroup, which considered the brokerage business was worth approximately $22 billion, while Morgan Staley’s own valuation for the business was only around $9 billion
Infosys to buy Swiss consulting firm Lodestone for Rs1,900 crore
10 Sep 2012
The combined consulting practice of Infosys and Lodestone focusing on SAP programs will deliver revenues of more than $1 billion, firmly establishing Infosys amongst the global leaders in SAP consulting
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