M&A
Vedanta mulls Sesa Goa, Sterlite merger
22 Feb 2012
If the merger goes through, Sterlite Industries will have a combined market cap of nearly Rs65,000 crore
Shriram to foray into cement via Jayajothi takeover
21 Feb 2012
The Shriram Group is set to enter the cement manufacturing industry by acquiring a majority stake in Andhra Pradesh-based cement manufacturer Sree Jayajothi Cements Ltd by converting part of its outstanding dues into equity
TNT Express rejects UPS's $6.43-bn takeover offer
18 Feb 2012
Both companies say they are still in talks, and TNT will give an update on its overall strategy on 21 February, when it reports fourth-quarter results
Advent, Goldman Sachs to acquire TransUnion Corp for over $3 bn
18 Feb 2012
In one of the largest private equity deals of the year, Advent and a Goldman Sachs will pay more than $900 million in cash and about $2.2 billion of new and existing debt for TransUnion Corp
Shanghai launches $7.9-bn yuan fund to aid overseas acquisitions
17 Feb 2012
The provincial government of Shanghai has launched a $7.9 billion fund to aid Chinese companies to make overseas acquisitions as part of Beijing’s plan to internationalise the yuan