M&A
Norway’s Statoil bids $4.4 bn for Brigham Exploration
18 Oct 2011
Norway’s largest oil company, Statoil has launched a $4.4 billion cash bid for Brigham Exploration Co, to expand into the unconventional gas business in the US
Reliance suspends drilling at blocks covered under BP deal
18 Oct 2011
Reliance Industries has suspended drilling at its oil and gas exploration blocks covered under a deal with new venture partner BP pending a review
UK security group G4S to acquire Denmark’s facilities company ISS for $8.2 bn
17 Oct 2011
After the merger G4S will become the second-largest non-governmental employer in the world, with more than 1.15 million employees, after US retail giant Wal-Mart
Rio Tinto to sell around $8-bn worth global aluminium assets
17 Oct 2011
Rio Tinto has put 13 aluminum businesses worth billions of dollars in six countries for sale , just four years after it made a highly-leveraged but ill-timed acquisition of Canadian aluminium group Alcan Inc for $38.1 billion in 2007
LN Mittal-backed Ophir Energy to acquire Dominion Petro acquisition
17 Oct 2011
The acquisition will give Ophir the largest independent net deepwater acreage portfolio in the emerging and highly prospective hydrocarbon region of East Africa.
Unilever to buy Russian skincare company Concern Kalina for $694 million
15 Oct 2011
Unilever is acquiring Russian skincare company OAO Concern Kalina to expand in the Russian market
Hewlett-Packard rethinks spinning-off PC unit
14 Oct 2011
Infosys denies talks over Thomson Reuters healthcare business
13 Oct 2011
Infosys Ltd today said it was not in talks to acquire the healthcare business of Thomson Reuters Corp