M&A
Bharti in talks to buy Qualcomm licences: report
11 Apr 2012
Bharti Airtel is reportedly in advanced discussions with US chipmaker Qualcomm to buy the latter’s fourth-generation licences for about Rs6,000 crore
ACCC approves Foxtel’s acquisition of Austar
10 Apr 2012
AT&T to sell majority stake in Yellow Pages to Cerberus Capital for $950 mn
10 Apr 2012
Under the transaction AT&T, which hired Citigroup and Bank of America as advisors to the deal, would sell a 53-per cent stake in its declining Yellow Pages business for $750 million in cash and Cerberus would take on $200 million debt
Facebook to acquire photo-sharing app maker Instagram for $1 bn
10 Apr 2012
Facebook, the world’s largest social networking site, yesterday agreed to buy the popular photo-sharing app maker Instagram, for about $1 billion in cash and stock
ISS backs Illumina board; urges rejection of Roche's $6.7-bn bid
07 Apr 2012
ISS says that taking into account the valuation metrics of normal acquisitions, Roche’s offer is inadequate for Illumina whose real potential is the vast end markets in and beyond healthcare
Burger King strikes $1.4-bn deal to go public again on NYSE
04 Apr 2012
Burger King, the world's second largest hamburger chain, yesterday said that it will go public, less than two years after it agreed to be taken private by buyout firm 3G Capital Management