M&A
Google Fiber acquires San Francisco ISP Webpass
23 Jun 2016
Musk’s Tesla offers $2.8 bn for his cousins’ SunCity to build clean energy ecosystem
22 Jun 2016
Elon Musk says buying SunCity – of which he is also the chairman – is a ‘no brainer’; yet it is a risky decision as both companies, despite being market leaders, are burning cash, running losses of over $1 billion each over the last two years
Microsoft acquires Wand Labs
17 Jun 2016
Max Life, Max Financial to merge with HDFC Standard Life
17 Jun 2016
The merger will create an entity with assets worth over Rs1,00,000 crore, making it the biggest consolidation in the country’s private insurance sector
Cabinet clears SBI’s merger of associate banks, BMB
15 Jun 2016
The merged entity will have an asset base of Rs37,00,000 crore (over $555 billion), 22,500 branches, 58,000 ATMs and a customer base of over 500 million
SBI quietly working on merger framework for subsidiaries: report
13 Jun 2016
SBI managing director V G Kannan is reported to be heading the team formed under the supervision of associate and subsidiaries department, and if everything goes well, the merger process is likely to begin in 3-4 months, says the report