M&A
Warren Buffett teams up with Dan Gilbert to bid for Yahoo
16 May 2016
The consortium has tabled a leading bid and is among the several suitors who have moved into the second round of bidding for Yahoo
Pfizer blocks sale of lethal injections for executions
14 May 2016
Pfizer Inc, the largest US pharmaceutical company, yesterday said that it will block its drugs being used in lethal injections, effectively cutting off supply of the drug used by states for executions
Sanofi prepares to replace Medivation's board
14 May 2016
French drug giant Sanofi SA is preparing to follow through with its threat to replace Medivation Inc's board of directors for refusal to engage in talks on its $9.3-billion unsolicited takeover offer
Bayer explores potential bid for Monsanto Co
13 May 2016
Nissan Motor buys controlling stake in embattled Mitsubishi Motors for $2.2 bn
13 May 2016
The lifeline thrown by Nissan comes on the same day that Mitsubishi revealed that its cheating on gas mileage ratings extends to more models than previously revealed
Apple invests $1 bn in Uber's China ride-hailing service rival Didi Chuxing
13 May 2016
Apple Inc yesterday said that it has invested $1-billion in Uber's China ride-hailing service rival Didi Chuxing in order to gain insight in the complex Chinese market
Nissan Motor may buy controlling stake in embattled Mitsubishi Motors for $1.85 bn
12 May 2016
A 33-per cent stake would make Nissan the single largest shareholder in Mitsubishi Motors, cementing their joint manufacturing of mini cars in Japan
European regulator blocks CK Hutchison Holdings' $15.3-bn acquisition of O2 UK
12 May 2016
The European antitrust regulator yesterday blocked CK Hutchison Holdings' $15.3-billion acquisition of O2 UK from Spain's Telefonica as the merger would have reduced competition
Tata Steel evaluating 7 expressions of interest for UK selloff
10 May 2016
Tata Steel on Monday said it has taken forward only those proposals which are for all of Tata Steel's UK business and not in parts