M&A
Japanese chipmaker Renesas in talks to buy Intersil for nearly $3 bn
22 Aug 2016
A combination of Renesas’ market-proven microcontroller and system-on-chip products and technologies and Intersil’s leading power management and precision analog capability will make Renesas a leader in key areas such as automotive, industrial, cloud computing, healthcare, and the Internet of Things
US approves $43-bn ChemChina-Syngenta deal
22 Aug 2016
Pfizer in advanced talks to buy cancer drug specialist Medivation for nearly $14 bn
22 Aug 2016
A successful deal would be Pfizer’s biggest acquisition since it purchased biologic drug specialist Hospira Inc last year for about $17 billion
Fortis splits hospital and diagnostics businesses
20 Aug 2016
Fortis will consolidate its hospital business under Fortis Healthcare and the diagnostics businesses under Fortis Malar in a demerger and merger process
Singtel to invest $657 mn in Bharti Telecom, raise stake to 30.69%
19 Aug 2016
Singtel is investing a total of S$2.47 billion ($1.8 billion), including S$1.59 billion ($1.18 billion) to acquire a 21 per cent stake in Thailand’s top telecom company Intouch Holdings
SBI board approves merger of 3 associate banks, BMB
18 Aug 2016
The merger of all five associate banks and the newly-created Bhartiya Mahila Bank (BMB) with SBI will create a banking behemoth with combined assets of over Rs37,00,000 crore