M&A
Koenigsegg’s pull out from Saab deal could hit BAIC’s plans
25 Nov 2009
The Saab acquisition would have given BAIC sorely needed experience in post merger integration, that calls for highly cultivated and deeply embedded organisational capabilities that can be developed only first hand
RIL de-merger invalid if gas pact not implemented: RNRL
25 Nov 2009
Anil Ambani would be legally entitled to be reinstated vice-chairman of a re-merged Reliance Industries.
RIL move on LyondellBassel enthuses market
24 Nov 2009
Heritage Oil to sell its Ugandan oil blocks to Eni for $1.5 billion
24 Nov 2009
Commercial production from the oil blocks being sold will start in 2014, where analysts have forecasted a production of more than 50,000 barrels a day from 2016
Ciena trumps Nokia Siemens to acquire Nortel’s ethernet assets for $769 million
24 Nov 2009
Ciena expects to significantly enhance its Canada-based development resources and strengthen its global presence through this acquisition
Nestle also interested in Cadbury
23 Nov 2009
Reliance makes a bid for Dutch petrochem major LyondellBasell
23 Nov 2009
Reliance Industries Ltd (RIL) has initiated a move towards acquiring a controlling stake in the world’s third-largest petrochemicals firm, LyondellBasell by submitting a preliminary offer
Hershey reportedly mulling $17 billion solo bid for Cadbury
21 Nov 2009
Hershey's links with Cadbury go back since 1980 to market Cadbury's candy in the US market and a take over of its chocolate business would open the European and vast emerging markets, where Cadbury's strength lies
Dutch government to invest $6.6 billion more in ABN AMRO-Fortis
20 Nov 2009
The Dutch government will invest €4.4 billion ($6.6 billion) more to integrate parts of ABN AMRO Bank NV and Fortis Bank Nederland into a strong, stable and profitable bank.
Reckitt Benckiser may merge with Colgate-Palmolive: report
19 Nov 2009
The merger of Reckitt Benckiser and Colgate-Palmolive, with revenues of $11 billion and $15.3 billion, respectively in 2008, could form a giant with revenues of over $26 billion.
Devon Energy plans to raise up to $7.5 billion through asset sales
18 Nov 2009
One of the largest independent US oil and gas companies, Devon will divest all its Gulf of Mexico and other global assets to focus on its onshore portfolio in North America and repay debt