M&A
HSBC dumps Korea Exchange Bank acquisition plan
20 Sep 2008
Emami doubles offer price to Rs15,000 per Zandu share
15 Sep 2008
FMCG Major Emami Ltd today said it has revised the open offer price to Rs15,000 per share from Rs7,315 for purchasing a 20-per cent stake in Zandu Pharmaceutical.
Alitalia unions mull proposal, weigh concessions
12 Sep 2008
Suntory, Diageo, Pernod Ricard and Bacardi eye United Spirits stake
11 Sep 2008
Japan's Suntory joins the fray against Diageo, Bacardi and Pernod Ricard for a strategic stake in the Rs3,200-crore Vijay Mallya-owned United Spirits.
ImClone rejects Bristol-Myers Squibb's $4.3 billion bid; cites $6.1 billion fresh offer
10 Sep 2008
Biotech company ImClone Systems has rejected Bristol-Myers Squibb's $4.3 billion bid as too low, saying it has received a higher offer from a large pharmaceutical company.
Marlboro-maker Altria looking to buy smokeless tobacco company UST for $10 billion
06 Sep 2008
Marlboro-maker Altria is in advanced talks with UST, the largest snuff producer in the US, to buy the smokeless tobacco and wine maker for $10 billion.
Tata Power to bid for Senoko; SBI to underwrite $1 billion loan
02 Sep 2008
Tata Power is bidding for Singapore’s largest power producer, for which it has tied up financing arrangement with State Bank of India