M&A
US regulator files suit to block $85.4 bn AT&T-Time Warner merger
21 Nov 2017
In October last year, US telecom giant AT&T struck a mega deal to buy multinational media and entertainment conglomerate Time Warner for $85.4 billion in cash and stock, in what could be the year's biggest deal but highly-scrutinized acquisition
Broadcom closes $5.5 bn acquisition of Brocade Communications
20 Nov 2017
Broadcom Ltd yesterday said that it has closed its $5.5-billion acquisition of network gear maker Brocade Communications Systems Inc.
Comcast approached 21st Century Fox for acquisition: Report
17 Nov 2017
The share price of 21st Century Fox vaulted in after-hours trading after the news yesterday was first reported by CNBC
Mattel rejects Hasbro’s takeover bid: Report
16 Nov 2017
Flying cars come closer to reality as Volvo parent buys Terrafugia
16 Nov 2017
In a huge confidence boost for the nascent ‘flying car’ industry, Volvo’s Chinese parent company Geely announced this week that it has completed its acquisition of Terrafugia, a startup founded by MIT engineers and MBA students
Crisil acquires data analytics firm Pragmatix
15 Nov 2017
Amazon Web Services denies reports of China exit
14 Nov 2017
Vodafone, Idea selling their tower business to ATC for Rs7,850 cr
13 Nov 2017
Vodafone India and Idea Cellular, which are in the process of being merged, will receive Rs3,850 crore and Rs4,000 crore respectively from the tower sale to ATC Telecom Infrastructure in a deal which will not affect the terms of the merger
AT&T-Time Warner deal hits Trump wall
09 Nov 2017
With critics, who include US President Donald Trump, saying the merger would concentrate media power, regulators have reportedly proposed the sale of CNN to sweeten AT&T-Time Warner deal
Arvind to demerge apparel, engineering businesses
09 Nov 2017
After having demerged its real estate business, $1.5-billion conglomerate Arvind Ltd is now carving out its branded apparel and engineering businesses from the parent company