M&A
Exelon backs away from NRG Energy bid
22 Jul 2009
US Nuclear power giant and utility operator Exelon Corporation has terminated its $7.45-billion revised hostile takeover bid after being rebuffed by NRG Energy sharholders
Sunil Mitra takes over as divestment secretary
22 Jul 2009
WPP acquires Saffron Hill Research
21 Jul 2009
HK’s Li & Fung takes 26 per cent of Biyani’s Future Logistics
21 Jul 2009
Li & Fung manages the entire sourcing and distribution from Asia for multinationals including Wal-Mart, Tesco, Nike and Tommy Hilfiger
IFCI acquires 5-per cent stake in MCX-SX
20 Jul 2009
EC approves Pfizer's $68-billion acquisition of Wyeth
18 Jul 2009
The European Commission has approved Pfizer's acquisition and merger of Wyeth Laboratories subject to Pfizer divesting certain animal health assets in the EU
Tata Steel hikes stake in Australia's Riversdale Mining to 19.38 per cent
17 Jul 2009
Tata Steel has acquired an additional 4.99-per cent stake in Australia's Riversdale Mining, with whom the steel maker owns substantial coal mining franchises in Mozambique
China turns the heat on Rio Tinto and Australia
16 Jul 2009
Digital Sky's stock purchase values Facebook at $6.5 billion
15 Jul 2009
The Russian internet company has offered to buy stocks worth $100 million of the popular social networking site