M&A
Anglo hopes to rid Xstrata’s $68-billion merger bid by 20 October
03 Oct 2009
The UK Takeover Panel has given a 20 October deadline to Xstrata to either make a formal offer for Anglo American or shelf the deal for six months
GM to close Saturn as buyout deal collapses
01 Oct 2009
Cisco to acquire Norway’s Tandberg for $3 billion
01 Oct 2009
Cisco Systems, the world’s largest maker of networking and communication equipment, to expand its video-conferencing products portfolio through this all-cash deal
Despite reports, Comcast denies $35-billion NBC Universal takeover talks
01 Oct 2009
NBC Universal, 80-per cent owned by GE and 20 per cent by media giant Vivendi, runs a number of TV stations and media properties like NBC, USA, MSNBC, CNBC, Hulu, NBC Universal Television Group, Universal Studios and theme parks in the US and Japan
Bank of America to sell unit to Ameriprise for $1 billion
01 Oct 2009
The long-term asset management business of Columbia which is considered for the sale includes around $165 billion in equity and fixed-income assets
Bharti calls off merger talks with South Africa's MTN
30 Sep 2009
For the second time Bharti Airtel has called off merger talks with South Africa's MTN after the South African government said it wants MTN to remain under South African management
Great Offshore battle heads for Diwali climax
30 Sep 2009
UK regulator sets 9 November deadline for Kraft's Cadbury bid
30 Sep 2009
The UK Takeovers Panel has given US food giant Kraft a six-week deadline to submit a formal offer for Cadbury or abandon the deal for six months
HSBC takes over Jessops in restructuring
30 Sep 2009
MindTree buys Kyocera Wireless’ Indian unit
29 Sep 2009
China keen to acquire $30-billion oil stake in Nigeria: FT
29 Sep 2009
China National Offshore Oil Corporation is reported to be in talks with Nigeria to acquire a 49-per cent stake in 23 prime oil blocks estimated to hold 6 billion barrels of oil for around $30 billion
Lupin buys US rights for cholesterol drug Antara
29 Sep 2009
Sinochem makes $2.5-billion takeover bid for Australia's Nufarm
29 Sep 2009
China’s state-owned Sinochem Corporation yesterday made a provisional $2.5-billion takeover bid for Australia’s Nufarm
Xerox to acquire outsourcing firm ACS for $6.4 billion
29 Sep 2009
Xerox said that the deal values ACS shares at $63.11 each, a premium of 34 per cent to the closing price of Xerox stock on 25 September.
Abbott to acquire Belgian drug company Solvay for $6.6 billion
29 Sep 2009
In a year of consolidation of the global pharmaceutical industry, Abbott Laboratories plans to acquire Solvay's pharmaceutical business for $6.6