M&A
After GVT bid, Telefonica to acqire HanseNet for $1.34 billion
06 Nov 2009
Continuing its acquisition race for global telecom assets, Spain’s Telefonica SA Telecom is acquiring Italia SpA to buy its wholly-owned German subsidiary, HanseNet for $1.34 billion in an all-cash deal
Octant Interactive acquires Esha News Monitoring
05 Nov 2009
Wipro buys Yardley lines in area-specific deal
05 Nov 2009
Wipro Ltd, has signed an agreement with the Lornamead group, which owns the Yardley brand, for the businesses in Asia, the Middle East, Australasia and some African markets
GM says ‘No’ to Magna; decides to keep Opel
04 Nov 2009
Citing an improving business environment, the board of GM votes to anull selling a majority stake in its German unit to the Magna - Sberbak combine
Dubai’s ENOC to acquire Dragon Oil for $1.9 billion
04 Nov 2009
Dubai seeks to bolster future energy resources by acquiring full control over Dragon Oil Plc, to expand its exploration and production in oil rich Turkmenistan
KPIT Cummins buys out American IT firm Sparta
30 Oct 2009
PNB to buy majority stake in Kazakh’s Dana Bank
30 Oct 2009
India’s second-largest public sector lender, has received approval from its board of directors to acquire a majority stake of about 63 per cent in Kazakhstan-based Dana Bank
M&M launches four-wheeled goods carrier Gio news
29 Oct 2009
Mahindra & Mahindra has launched a 0.5 tonne four-wheeler pick-up cargo carrier -- Gio priced at Rs 1.65 lakh, which the company says is the cheapest mini truck in the country.