M&A
Foreign carriers evince interest in investing in Indian counterparts
19 Jan 2012
A number of international air carriers are said to be considering investing in their Indian counterparts after the proposal for allowing them to take up to 49 per cent stake gets cleared by the government
Kingfisher in talks with SC Lowly for Rs1,442cr funding
19 Jan 2012
SC Lowy is a Hong Kong-based global trading and investing firm focused on distressed companies, specialises in buying illiquid assets and creating liquidity for them
Tata Steel bags multi-million pound European order for Siemens' wind project
19 Jan 2012
The order, which is the largest so far for Tata Steel Europe's dedicated wind tower project, vindicates its decision to spend £31.5-million on constructing a new manufacturing plant to produce wind farm structures on the site of its mothballed Teesside plant
Samsung denies interest in buying RIM
18 Jan 2012
DS Smith to acquire Sweden’s SCA Packaging for $2 billion
18 Jan 2012
UK packaging major DS Smith Plc today said that it will acquire the recycled packaging division of Swedish tissue maker Svenska Cellulosa Aktiebolaget, for €1.6 billion
Panel clears KPMG, Ernst & Young of wrongdoing in Olympus scandal
17 Jan 2012
An unofficial panel of experts today cleared global accounting groups KPMG and Ernst & Young of any wrongdoing in the $1.7-billion accounting fraud at Japan's Olympus Corp
Sumitomo Mitsui to acquire RBS's aircraft-leasing business for $7.3 bn
17 Jan 2012
RBS, which came to be 83-per cent owned by the UK government after its £45.5-billion bailout, will use the proceeds from the deal to strengthen its core tier 1 capital
Fossil Inc to acquire Skagen Designs
16 Jan 2012
Toshiba denies reports of Olympus tie-up
16 Jan 2012
RIL in talks with cable operators to buy minimum 26 % stake: report
16 Jan 2012
RIL, which is making a comeback into telecom, is holding talks with a number of cable operators in bid to acquire readymade last mile connectivity
Oil India eyes US shale gas acreage
16 Jan 2012
Oil India plans to join the booming shale-gas exploration business that has fuelled more than $39 billion of acquisitions in the US by companies like Exxon Mobil, Royal Shell and Reliance Industries