M&A
Brazil’s first woman president sworn in; vows to eradicate poverty
03 Jan 2011
Dilma Rousseff has taken over as the first woman president of Brazil, South America’s largest and the world’s eighth-largest economy, assuming power from her much-admired predecessor and mentor Luiz Inacio Lula da Silva
Sahara India Pariwar buys London’s Grosvenor House Hotel for Rs3,275 crore
31 Dec 2010
Sahara said that it will add number of restaurants and other facilities including an Indian restaurant with the name Namak, a grand bar, good spacious night club, a large business centre, swimming pool, a grand spa with parlours among others
BHP Billiton sets eyes on Anadarko Petroleum: report
31 Dec 2010
The world's largest miner, BHP Billiton, has set its eyes on US-based oil and natural-gas producer Anadarko Petroleum Corp with a $45billion war chest
Aditya Birla group to acquire Apicorp's 12-per cent stake in Egyptian venture
29 Dec 2010
Alexandria Carbon Black Company has evolved into the world's largest production line in the carbon black industry, and Apicorp feels it is time to monetise its investment.
PepsiCo is Russia's biggest foods firm with Wimm-Bill-Dann deal
29 Dec 2010
WBD is Russia's largest maker of dairy products, and a leading producer of juices and beverages in Russia and the CIS nations
Singapore Exchange to press ahead with $8.2-bn merger with ASX
28 Dec 2010
Singapore Exchange plans to go ahead with its proposed $8.2-billion bid for Australian stock exchange operator ASX despite Australian lawmakers threat to torpedo the deal
Russian watchdog to approve $3.8-bn PepsiCo-WBD deal
28 Dec 2010
The deal is PepsiCo’s largest acquisition outside the US, and is in line with the company’s strategy of creating a $30-billion nutrition business by 2020