M&A
Battle for JAL: American Airlines ups the ante to $1.1 billion
04 Dec 2009
American Airlines and Delta are targeting JAL to spread their wings in the region, the fastest growing airline market in the world
Mitsubishi Motors in talks with Peugeot to increase cooperation
03 Dec 2009
A deal would create the sixth-largest global auto alliance with combined sales of roughly 4.45 million, behind Ford Motor of US but ahead of South Korea’s Hyundai Motor.
GE in deal to sell NBC to Comcast
03 Dec 2009
General Electric and Comcast Corporation, the largest cable-TV operator in the US today signed a definitive agreement to form a joint venture that will give the cable company eventual control of NBC
BSNL cool to Zain acquisition: Goyal
03 Dec 2009
GE-Comcast deal expected today
03 Dec 2009
The deal became possible following last week’s talks between GE chief executive officer Jeffrey Immelt and his counterpart Jean-Bernard Levy of French media conglomerate Vivendi
ABG Shipyard drops out of Great Offshore race
02 Dec 2009
Dubai World unwilling to part with ‘crown jewels’
02 Dec 2009
Dubai World wants to retain key revenue-generating assets including port operator DP World and a stake in Standard Chartered, though creditors may force it to sell them
Nokia sells Venyon stake to Giesecke & Devrient
01 Dec 2009
IBM acquires Israeli company Guardium
01 Dec 2009
Siemens to acquire diagnostics arm
30 Nov 2009
Tata Motors snubs UK’s loan offer
30 Nov 2009
The Tata Group has rejected a £10-million (Rs77 crore) loan offered by the British government to Tata Motors to develop an electric version of one of its existing models
GE-Vivendi progress on NBC stake sale
27 Nov 2009
On acquiring full ownership of NBC Universal, GE intends to sell a controlling 51 per cent interest to Comcast, the largest cable-TV operator in the US to create a joint venture company.
ITC still keen to hike stake in Oberois’ EIH, but rules out hostile moves
26 Nov 2009
India's cigarettes-to-hospitality group ITC Ltd is open to raising its stake in hotel chain operator EIH Ltd "if circumstances change," says chairman Y C Deveshwar
France Telecom, TDC merge Swiss businesses for $2.3 billion
26 Nov 2009
Through the deal, France Telecom’s subsidiary, Orange Switzerland and TDC’s Sunrise will combine to form the second-largest telecom operator in Switzerland
Swedish carmaker Koenigsegg calls off Saab acquisition
25 Nov 2009
Angelholm-based Koenigsegg Group AB is a consortium of private investors including Koenigsegg Automotive AB which manufactures $1.2 million super sports cars