M&A
Cairn-Vedanta deal: ball firmly in ONGC’s court
08 Mar 2011
Oil ministry says Cairn responsible for delay
07 Mar 2011
Western Digital acquires GST from Hitachi in $4.3-bn cash-and-stock deal
07 Mar 2011
Western Digital today announced the acquisition of Global Storage Technologies (GST), a wholly-owned subsidiary of Hitachi Ltd, for $4.3 billion in a cash-and-stock transactio.
Hotel Leelaventure to raise Rs600 crore through 14.5-% stake sale to PE funds
05 Mar 2011
The company plans to raise about Rs250 crore through the sale of commercial property in Chennai, and another Rs400 crore from projects in Pune and Hyderabad
UK govt nod for Newscorp-BSkyB merger
04 Mar 2011
The UK government has cleared the way for media baron Rupert Murdoch to acquire TV news broadcaster BskyB, a merger likely to create a giant media company in the UK.
Volkswagen acquires Porsche Holding Salzburg for $4.56 billion
02 Mar 2011
Volkswagen plans to integrate the automotive business of Porsche with itself while keeping Porsche Holding as an independent organisational unit
Equinox Minerals bids $4.9-bn for Lundin Mining
01 Mar 2011
The offer from Equinox came about six weeks after Lundin agreed to a merger with fellow copper miner Inmet Mining to create a C$9-billion copper company Symterra Corp through an all-stock transaction
Valeo to acquire Japanese auto supplier Niles
23 Feb 2011
State Bank to merge remaining 5 associate banks in 18 months
23 Feb 2011
SBI chairman O P Bhatt says the merger of subsidiaries is a systematic process and all assocaite banks will offer products, services and processes of similar nature and will be migrated to the same core banking technology