M&A
SUUTI sells 9.42 per cent stake in NSDL to NSE
08 Mar 2010
AIG sells American Life unit to Metlife for $15.5 billion
08 Mar 2010
The troubled insurance giant is selling its crown jewels one by one to give back tax payers money
Essar in deal to acquire US coal miner Trinity for $600 million
08 Mar 2010
Essar Group, through its subsidiary Essar Minerals, Delaware, signed a deal on Saturday to acquire the Trinity Coal from Denham Capital Management for $600 million.
Strides Arcolab buys back divested Brazillian facility from Aspen for $75 million
By Ravi Kunder | 05 Mar 2010
Strides Arcolabs had sold its 51-per cent stake in Strides Latina to Aspen for $152 million in 2007, and is now reacquiring it at half the price, reports Ravi Kunder
Nortel gets court nod to sell internet telephony business to Genband
04 Mar 2010
Nortel Networks Corporation (Nortel), once North America’s largest telecom equipment maker is now divesting most of its Carrier VoIP and Application Solutions (CVAS) global assets
Pfizer in bid to snap up Germany’s Ratiopharm
04 Mar 2010
The acqusuition, estimated at about $4.1 billion, will be the biggest generic company buyout since Teva bought Barr Pharmaceuticals for $7.4 billion in July 2008
Elliott Associates makes $2 billion unsolicited bid for Novell
03 Mar 2010
The offer sent Novell’s share price up by more than 26 per cent after hours trading yesterday to $6.15, above Elliott’s offer of $5.75, indicating that shareholders anticipate a higher rival bid
Dow sells Styron division to Bain Capital for $1.63 billion
03 Mar 2010
Dow Chemical Company yesterday entered into a deal with private equity firm Bain Capital to sell its specialised plastics unit Styron for $1.63 billion