M&A
EMI sale may fetch more than $4 billion: report
03 Aug 2011
Danone to buy Wockhardt's nutrition business for Rs1,576 crore
03 Aug 2011
To gain an entry into the world's fastest-growing infant nutrition market, French dairy major Groupe Danone is buying the nutrition business of pharmaceutical major Wockhardt for Rs1,576 crore.
Japan's Kirin buys controlling stake in Brazilian brewer for $2.56 billion
02 Aug 2011
Kirin, Japan's second largest brewer after Asahi Breweries, said it had bought all outstanding shares of Aleadri-Schinni, which holds a 50.45 per cent stake in Schincariol.
Cooper abandons takeover bid for Laird
02 Aug 2011
EADS to buy satellite communications service provider Vizada for $960 mn
01 Aug 2011
EADS today agreed to buy satellite communications service provider Vizada from French private equity firms Apax Partners and Altamir Amboise, for $960 million.
Essar Energy completes acquisition of Shell's Stanlow oil refinery
01 Aug 2011
The acquisition of the Stanlow refinery gives Essar Energy direct access to the UK market
Jyothy makes open offer for Henkel India
30 Jul 2011
ICICI Bank assumes 29.3-% stake in debt-laden GTL
30 Jul 2011
ICICI Bank, the country’s largest private sector lender, has taken a 29.3-per cent stake in debt-laden telecom network services provider GTL
Merck & Co to axe 13,000 more jobs by 2015
30 Jul 2011
The second largest drug maker in the US, Merck & Co, hopes to save nearly $4.6 billion through this restructuring, amid slower revenue growth in the US and Europe
Taiwan’s MediaTek to buy 10 % of Spice Digtal for Rs88.4 crore
30 Jul 2011
The services provided by mobile VAS provider Spice Digital, a subsidiary of B K Modi's $2-billion Spice Global group, are used by around 30 million cell phone users in nearly 20 countries
Fortune Brands completes $1.23-bn sale of golf unit to Fila's owners
30 Jul 2011
Fortune Brands, the owner of Jim Beam bourbon whisky, moved close to splitting itself up after it today completed the $1.2-billion sale of Acushnet, its golf business to Korean investors.