M&A
NMDC acquires stake in Legacy Iron Ore, eyes Mozambique coal project
23 Sep 2011
State-owned NMDC yesterday made its first overseas acquisition - a 50-per cent stake in Australian exploration company Legacy Iron Ore, and is now pursuing a stake in a Mozambique coal project
Goodrich agrees to merge with UTC in $18.4-bn cash deal
22 Sep 2011
Defence aerospace contractor United Technologies has secured smaller rival Goodrich's assent to be acquired in an $18.4-billion cash deal, including the assumption of $1.9 billion debt.
Foster's finally accepts SABMiller's $10.2-bn takeover offer
21 Sep 2011
Global brewing and bottling giant SABMiller’s three-month pursuit of Foster’s finally ended after the Australian beer company accepted the $10.2-billion offer.
Apache Corp to buy ExxonMobil's North Sea assets for $1.75 bn
21 Sep 2011
Apache Corp, the second-largest independent oil and gas company in the US after Anadarko Petroleum, is buying oil giant ExxonMobil's assets to increase its North Sea production for about $1.75 billion in order.
Coal India plans more acquisitions in Mozambique
21 Sep 2011
Tyco International to split into three public firms
19 Sep 2011
The company said it intends to accomplish the separation by issuing tax-free stock dividends of the ADT and flow control businesses to shareholders, who would then own the three publicly traded companies.
GVK acquires majority stake in Australia's Hancock Coal for $1.26 billion
17 Sep 2011
GVK will invest an additional $10 billion (Rs47,490 crore) to develop the assets of Hancock Coal, which would make it the largest investment by an Indian company in Australia