M&A
ONGC to raise $1 billion to refinance Imperial Energy deal
11 Dec 2009
ONGC plans to raise $200 million through foreign currency loans and $800 million through bonds and commercial paper
Panasonic acquires majority stake in Sanyo for $4.6 billion
10 Dec 2009
The merger between Panasonic and Sanyo create the world's second largest electronics manufacturer after Hitachi Ltd.
First Quantum acquires BHP's Australian nickel mine for $340 million
10 Dec 2009
With nickel prices having dropped to a historic low, BHP has been forced to divest its nickel operations inWestern Australia, within a year of its comencement
HSBC set to acquire RBS’s Indian operations: report
09 Dec 2009
According to an RBS official in India, both the banks have already signed the deal and the actual acquisition depends on regulatory approvals.
NDTV sells Imagine to Time Warner unit for Rs546 crore
09 Dec 2009
Turner is expected to rebrand the channel, after acquiring a 92-per cent stake in general entertainment channel NDTV Imagine for about Rs546 crore
Volkswagen buys 49.9 per cent in Porsche for $5.8 billion
08 Dec 2009
Volkswagen also plans to acquire the trading business of Porsche Holding Salzburg in 2011, to create a more integrated automotive group.
Canadian gold miner Franco-Nevada offers $608 million for International Royalty
08 Dec 2009
Though Franco-Nevada has not made a concrete offer yet, it intends to circulate to a takeover bid along with relevant terms and conditions to IRC shareholders
ANZ acquires RBS’ Vietnam business
07 Dec 2009
GVK acquires L&T's 17 per cent stake in Bangalore airport for Rs686 crore
07 Dec 2009
In early November GVK had acquired a 12-per cent stake of BIAL from Zurich-based Flughafen Zuerich AG for for Rs485 crore