M&A
HSBC in talks to acquire Old Mutual's 52% stake in Nedbank
23 Aug 2010
London-based financial services company Old Mutual Plc holds around 52 per cent stake in Nedbank is interested in selling its stake to reduce its risk profile and improve financial performance
M&M signs MOU with South Korea’s Ssangyong Motor
23 Aug 2010
Since the past year, M&M has been seeking to diversify its automobile business to include the whole range from two-wheelers to heavy trucks and tractors through acquisitions and joint ventures
KNOC goes hostile with its bid on Dana Petroleum
20 Aug 2010
State-owned Korea National Oil Corp today went hostile with its bid to acquire Dana Petroleum, after 48.62 per cent of Daba's shareholders voted for the deal
Cairn won’t sell stake to Vedanta sans full government nod
20 Aug 2010
Cairn Energy is conceding the government's point that it has the right to decide on consent for the proposed deal, which involves the transfer of a controlling stake in the Indian unit to Vedanta
Intel to acquire computer-security software maker McAfee for $7.68 billion
19 Aug 2010
The acquisition enables a combination of security software and hardware from one company to the advantage of consumers
ArcelorMittal said to be eyeing US Steel for a takeover
19 Aug 2010
The world's largest steel maker is said to be sizing up US Steel for a potential takeover, sending US Steel, the largest steelmaker in the US
BHP Billiton goes hostile for Canada’s Potash Corp acquisition
18 Aug 2010
The deal has dire implications for India — and other rapidly growing emerging economies
Vedanta offers to acquire 20 per cent in Cairn India for $3 billion
17 Aug 2010
Sesa Goa, Vedanta's India mining arm, will acquire 20 per cent of the issued share capital of Cairn India ahead of the proposed $9.5 billion deal.
India's Ybrant Digital acquires Lycos Inc for $36 million
17 Aug 2010
Lycos, created in 1994 as a research project at Carnegie Mellon University, went on to become the most visited search engine in the world in 1999