M&A
Time Warner acquires 10% stake in Hulu
04 Aug 2016
Allergan to sell US distribution unit Anda to Teva for $500 mn
04 Aug 2016
The sale comes just a day after Teva completed its $40.5-billion acquisition of Allergan’s generic unit, following US regulatory approval a week ago
Emerson Electric to sell network power unit to Platinum Equity for $4 bn
03 Aug 2016
Emerson Electric Co yesterday struck a deal to divest its network power unit to investment firm Platinum Equity in a deal worth $4 billion, in order to focus on its high-growth businesses
SolarCity accepts Tesla Motors’ $2.6-bn acquisition offer
02 Aug 2016
The alliance between SolarCity and Tesla, which is also opening the world’s biggest battery factory, would lead to integrated homes that produced power from sunshine that was stored in batteries to charge vehicles overnight
Wipro Infra Engg to buy Israeli aero components manufacturer H R Givon
02 Aug 2016
The acquisition of Givon, Israel's largest manufacturer of metallic aero structure parts, will enable Wipro to broaden its product portfolio and expand its global reach
Uber to sell China subsidiary to rival Didi in $35 bn deal
02 Aug 2016
Under the terms of the deal, Didi will invest $1 billion in Uber and receive Uber's brand, business and data in China, while its Chinese investors will get a 20-per cent stake in the merged company
Petrobras to sell majority stake in oilfield block to Norway's Statoil for $2.5 bn
01 Aug 2016
Brazilian oil giant Petrobras is selling its majority stake in one of its largest oil and gas prospects to Norway's Statoil to lower its massive $130-billion debt
PE firm Advent in talks to buy inVentiv for nearly $4 bn
01 Aug 2016
Advent has so far prevailed over rival buyout firm CVC Capital Partners in bidding for inVentiv, one of the largest pharmaceutical contract research organisations in the US
BPCL buys 21% stake in FINO PayTech for Rs251 cr
30 Jul 2016
Oracle to buy cloud computing pioneer NetSuite for $9.3 bn
28 Jul 2016
Enterprise software giant Oracle hopes to expand in the fast-growing cloud business segment through the acquistion, in an effort to offset the slow growth of its software business