M&A
Belgium's RHJ nearer to Opel deal
13 Jul 2009
Porsche family members discuss future of firm ahead of July 23 meeting
13 Jul 2009
The meeting comes in the wake of reports that the gulf emirate of Qatar is interested in taking a stake in the luxury carmaker
Nomura acquires 35 per cent stake in LIC Mutual Fund
13 Jul 2009
Japan’s Nomura Holdings has acquired a 35-per cent stake in LIC Mutual Fund Asset Management for about Rs308 crore, valuing the fund house at Rs880 crore
NYT defers bid deadline for The Boston Globe
11 Jul 2009
Philip Morris to acquire Columbian cigarette maker for $452 million
11 Jul 2009
The maker of Marlboro is acquiring Columbian cigarette producer Protabaco for $452 million, to expand its presence in the South American continent.
Aegis acquires South African BPO group CCN
10 Jul 2009
Aegis Limited, the BPO arm of the Essar Group, has acquired a 100-per cent equity stake in South Africa contact center outsourcing company CCN Group (Pty) Ltd
EMC wins $2.1-billion bidding war for Data Domain
09 Jul 2009
Information infrastructure technology giant EMC beat rival NetApp yesterday to acquire Data Doamain for $2.1 billion in the month-long bidding war
NRG Energy rejects Exelon’s sweetened $7.45 billion hostile bid
08 Jul 2009
NRG Energy has rejected Exelon Corporation’s $7.45-billion hostile takeover offer saying that though the revised offer "step in the right direction", it still undervalues the company
Public offer not mandatory in Bharti-MTN deal: SEBI
08 Jul 2009
SEBI says that South African telecom service provider MTN and its shareholders can buy 36 per cent in Bharti via GDRs without making a mandatory open offer
Essar Steel close to acquiring Ajmera’s steel unit for Rs700 crore
08 Jul 2009
In a strategic move to become the largest manufacturer of cold-rolled steel in the country, Essar Steel Ltd is planning to acquire a majority stake in the Ajmera Group's Shree Precoated Steels for Rs.700 crore