M&A
Warner Chilcott acquires P&G's global pharmaceuticals business for $3.1 billion
25 Aug 2009
Procter & Gamble’s (P&G) is divesting its prescription drug business to Ireland's specialty pharmaceuticals company Warner Chilcott for about $3.1 billion
Close Brothers in the race for Commerzbank arm
25 Aug 2009
The UK-based investment bank Close Brothers has emerged as a frontrunner for private bank Kleinwort Benson, being sold by German banking giant Commerzbank AG
Close Brothers in the race for Commerzbank arm
25 Aug 2009
The UK-based investment bank Close Brothers has emerged as a frontrunner for private bank Kleinwort Benson, being sold by German banking giant Commerzbank AG
German chancellor blames GM for Opel sale delay
25 Aug 2009
Merkel says there might be a “conflict of interest” between GM and Germany on the future shareholding of Opel which will make GM a minority shareholder
Fortis acquires 10 Wockhardt hospitals for Rs909 crore
24 Aug 2009
Fortis will take over eight operating hospitals and two that are under construction from Wockhardt, adding 1,902 beds to its hospital capacity
M&A deals drop in first half '09: report
24 Aug 2009
Though M&A deals in the global asset management industry fell in the first half of the year, a recovery is expected in the second half
Oracle's acquisition of Sun approved by US justice dept
24 Aug 2009
Software giant Oracle Corporation’s $7.4 billion offer to acquire Sun Microsystems moved one-step closer to completing the acquisition after the US Department of Justice approved the deal
Tribune to sell Chicago Cubs for $845 million
24 Aug 2009
Opel talks prolong as GM undecided on Magna offer
22 Aug 2009
The future of General Motors’ European Opel division hangs in balance after GM’s board was unable to pinpoint a suitable buyer for its German unit
MTN raising $4.5 billion loan for merger with Bharti: report
21 Aug 2009
South African telecom group MTN is close to finalising a $4.5 billion loan syndication deal with banks to finance its merger with Bharti Airtel, reports quoting banking sources said today
McNally arm to acquire German firm KHD Humboldt Wedag
21 Aug 2009
McNally Bharat is acquiring KHD Humboldt Wedag Internationals' manufacturing facility in Cologne, Germany, through its Singapore subsidiary
Oberoi denies receiving proposal from ITC
21 Aug 2009
Bharti not to raise MTN offer: Sunil Mittal
21 Aug 2009
Bharti Airtel is not considering sweetening its offer for a stake in South Africa’s MTN, says Bharti chairman Sunil Mittal
Bharti-MTN again extend merger talks to 30 September
20 Aug 2009
Bharti, India's largest mobile company by subscribers as well as revenue, said today that its exclusive merger talks with South Africa’s MTN is being extended by another month till 30 September 2009.
Sterlite raises Asarco offer to $2.1 billion
20 Aug 2009
Sterlite Industries, today raised its offer for bankrupt copper miner and refiner, Asarco LLC, by approximately $500 million