M&A
Khazanah’s S$3.3-bn bid for Parkway knocks out Fortis
26 Jul 2010
Fortis Healthcare was knocked out from its proposed largest overseas acquisition after Malaysian sovereign wealth fund Khazanah today launched a full takeover offer for Singapore’s Parkway Holdings
Dabur buys Turkish firm Hobi Kozmetik for $69 million
26 Jul 2010
The acquisition of Hobi Kozmetik is in line with Dabur's global strategy of scaling up FMCG operations
Sanofi-Aventis targets troubled Genzyme Corp for takeover
24 Jul 2010
Sanofi-Aventis, the world's fourth-largest pharmaceutical company by prescription sales, is in talks to buy US-based Genzyme Corporation, the world's third-largest biotechnology company
MUFG eying to buy more banks in the US
23 Jul 2010
IDBI bank to merge home loan arm with itself
23 Jul 2010
GM to buy auto financing company AmeriCredit for $3.5 billion
23 Jul 2010
The acquisition will give GM a captive financing unit for its customers for the first time after it sold GMAC Financial Services to private equity firm Cerberus in 2006
PFC mulls acquisition to get bank status after new RBI norms
23 Jul 2010
State-owned Power Finance Corporation looking into the possibility of converting itself to a bank following RBI norms on banking licences for corporates