M&A
Concho Resources to buy Reliance Energy's US assets for $1.625 bn
16 Aug 2016
Concho will pay about $1.1 billion in cash and about $500 million in stock to buy Reliance Anil Dhirubhai Ambani Group's privately-held Reliance Energy
Praxair in talks to buy its German rival Linde
16 Aug 2016
AIG to sell United Guaranty Corp to Arch Capital for $3.4 bn
16 Aug 2016
AIG had said that it would spin off UGC, cut jobs and sell its broker-dealer network as part of restructuring to ward off activist investor Carl Icahn
HDFC, Max to merge life insurance businesses
09 Aug 2016
The boards of HDFC Life, Max Life, Max Financial Services and Max India have decided to amalgamate their businesses to create a Rs25,500-crore entity under the label of HDFC Life
Walmart to buy online discount retail start-up Jet.com for $3.3 bn
08 Aug 2016
The deal is Wal-Mart's biggest acquisition since it acquired a majority stake in South African retailer Massmart Holdings in 2010 for $2.3 billion