M&A
Hugh Hefner to take Playboy private with sweetened $207-mn offer
11 Jan 2011
Hugh Hefner is taking the gentleman's racy Playboy magazine that he launched in 1953 private, after its publisher Playboy Enterprises Inc (PEI) agreed to his sweetened offer of around $207 million
iGate makes open offer for 20.6 per cent stake in Patni Computers
11 Jan 2011
US-based iGate, which on Monday struck a deal to acquire Patni Computer Systems, today made an open offer for a 20.6-per cent stake in the company
Duke Energy to acquire Progress Energy for $13.7-bn
11 Jan 2011
The $13.7-billion all-stock deal is expected to create the largest utility company in the US with a combined market capitalisation of over $36-billion
ABB extends $4.2-bn takeover offer for Baldor Electric
11 Jan 2011
Swiss power and automation technology group ABB Ltd, yesterday extended its closing date for its $4.2-billion tender offer for US-based electrical motor maker Baldor Electric Company to 19 January
iGate pays $1.22 billion for 63 per cent Patni stake
10 Jan 2011
iGate, backed by funding from Apax Partners LLP, will pay about $921 million to buy 63 per cent of Patni from the founding family, the Patni brothers
Japanese bank Resona seeks $6.9-bn in share sale
10 Jan 2011
Patni-iGate deal may be announced today
10 Jan 2011
Inox retains control over Fame after open offer
08 Jan 2011
INOX: After the open offer Inox has a 50.27-per cent in Fame, while the Anil Ambai group has around 32 per cent