M&A
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
Reliance Capital sells stake in Paytm to Alibaba for Rs275 cr
08 Mar 2017
Anil Ambani's Reliance Capital has sold its 1-per cent stake in the country's leading mobile wallet Paytm for Rs275 crore in a deal that values the e-wallet firm at over $4 billion
Tech Mahindra to acquire US-based CJS Solutions
06 Mar 2017
Tata Steel may call off merger plans with Thyssenkrupp: report
06 Mar 2017
Tata Steel, which is trying to sort out its £15-billion British pensions puzzle, would be sinking into deeper waters with the merger, says the report
Toshiba to raise $2 bn from Swiss smart meter group Landis+Gyr sale
03 Mar 2017
Toshiba initially acquired the whole of Landis+Gyr in 2011 for $2.3 billion and a month later sold a 40-per cent stake to state-backed Innovation Network Corporation of Japan for $680 million