M&A
Former Ranbaxy promoters ordered to pay Rs2,500 cr damages
06 May 2016
Daiichi filed an arbitration case in 2013 in Singapore, accusing the Indian promoters of concealment and misrepresentation of facts and seeking compensation for fines that it was forced to pay the US Department of Justice
Bharti Airtel sells towers in DRC
05 May 2016
Adobe to acquire Livefyre
04 May 2016
Pfizer initiates buyout talks with cancer drug maker Medivation
04 May 2016
US drug giant Pfizer Inc has initiated talks with cancer drug maker Medivation Inc over a possible buyout, a move that could rival a $9.3-billion offer from Sanofi
Oracle to buy utilities software maker Opower for $548 mn
03 May 2016
The deal comes barely four days after Oracle agreed to buy cloud-services provider Textura Corp for $663 million, in a bid to expand its Web-based services to the construction industry
Liberty House puts in early bid for Tata Steel UK
02 May 2016
While Sanjeev Gupta’s Liberty House has lined up several heavyweight backers, including State Bank of India for Tata Steel’s entire UK business, others in the running include Albion Steel and Stuart Wilkie leading a management buyout
Halliburton, Baker Hughes terminate $34.6-bn merger over regulatory issues
02 May 2016
Oilfield services providers Halliburton Co and Baker Hughes yesterday announced the termination their proposed $34.6-billion merger after antitrust regulators in US and Europe opposed the deal