M&A
Government approves IOC’s 24% stake sale in Lubrizol India to Lubrizol Corp
16 Mar 2017
The equal joint venture between IOC and Lubrizol Corp was formed in 2000 to make chemical additives for engine oils and other lubricants
Intel to buy Israeli driverless car systems maker Mobileye for $15.3 bn
14 Mar 2017
After the meger, the combined global autonomous driving company, will consist of Mobileye and Intel’s Automated Driving Group, which will be based in Israel
Jahm Najafi, Pamplona Capital bid for Time Inc
10 Mar 2017
Like many other publishers, Time Inc. has been hit by a decline in print ad sales since advertisers spend more on other media and readers increasingly move online
AkzoNobel rejects unsolicited takeover offer from PPG Industries
09 Mar 2017
Dutch paints and coatings giant AkzoNobel today rejected an unsolicited takeover offer from its US rival PPG Industries, saying the offer substantially undervalued the company and was not in the interest of its shareholders
RBI objects to $1.2-bn Tata Tele - DoCoMo settlement
09 Mar 2017
The Reserve Bank of India on Wednesday told the Delhi high court that the settlement deed cannot be implemented as the buyback option in the original Tata Sons-DoCoMo contract contravened Indian laws
PPG Industries explores potential deal with Dutch rival AkzoNobel
09 Mar 2017
Pittsburgh-based PPG, which has a market value of $25.9 billion, is the world’s largest coatings company, while Akzo Nobel is the world’s second-biggest paint company with a market cap of about $17 billion