M&A
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.
SEBI raises takeover trigger and open offer limit, scraps non-compete fees
28 Jul 2011
Under the new code, investors who acquire over 25 per cent stake in any Indian company would have to make an open offer for at least 26 per cent in the company
SEBI raises takeover trigger and open offer limit, scraps non-compete fees
28 Jul 2011
Under the new code, investors who acquire over 25 per cent stake in any Indian company would have to make an open offer for at least 26 per cent in the company