M&A
Russia’s Lukoil buys back stake from ConocoPhillips for $2.4 billion
28 Sep 2010
Lukoil bought just enough shares to avoid potential third-party investors joining the company’s board by accumulating the shares
Corus becomesTata Steel
28 Sep 2010
The re-branding will bring to an end to the 11 year-old Corus brand after British Steel merged with the 81 year-old Netherlands-based Koninklijke Hoogovens in 1999
Wal-Mart launches $4.2 billion takeover bid for South Africa’s Massmart
27 Sep 2010
The world’s largest retailer Wal-Mart has made a $4.2-billion takeover offer for South Africa’s s biggest food and general goods wholesaler, Massmart
Unilever to buy Alberto Culver for $3.7-bn in cash
27 Sep 2010
The acquisition will pit Unilever in direct competition in the hair and skin beauty care segment with long time rival Procter & Gamble in the North American market
Louis Dreyfus, Olam in merger talks to form $15-bn trading giant
27 Sep 2010
The merged business would have a market value of approximately $15 billion and a dominant trading position in cotton, rice, and coffee and a substantial share in the wheat, corn, sugar, cocoa, and oil seeds market.
Hertz says no to higher bid for Dollar Thrifty
25 Sep 2010
KNOC secures 64.26-% stake in bid for Dana
24 Sep 2010
IOC plans $1 bn foreign acquisitions spree
23 Sep 2010
IOC has earmarked $1 billion for the acquisition of exploration and production assets abroad.at a time when China is outbidding India for multi-billion dollar energy assets