M&A
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
Apple acquires AI firm Turi
08 Aug 2016
ICRA to sell subsidiary to Nihilent Technologies
06 Aug 2016
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