M&A
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
Intel acquires Altera for $17 bn
02 Jun 2015
Intel, the world’s largest computer chip maker, hopes to offset slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres
RIL, Pioneer sell US pipeline network JV to Enterprise Products for $2.15 bn
02 Jun 2015
RIL is also planning to exit the Eagle Ford Basin oil and natural gas joint venture with Pioneer, for which it has hired Citigroup to find buyers for its 45-per cent stake
UB Group to buy shares from Zuari to equal stake in MCFL
01 Jun 2015
The move comes after the Zuari Group helped UB Group to successfully stave off a takeover bid by rival Deepak Fertilisers
S Korea's Lotte Group to buy The New York Palace Hotel for $805 mn
01 Jun 2015
The acquisition of The New York Palace Hotel is the latest move by Lotte to expand globally
Avago Technologies to acquire Broadcom Corp for $37 bn
29 May 2015
The combined company would be the third-largest US semiconductor maker by revenue, behind Intel and Qualcomm
Carlos Slim reopens talks with Videocon for stake
28 May 2015
Carlos Slim, the world's richest man after Bill Gates and owner of America Movil, is in discussions with the Videocon group for a stake as he eyes India’s expanding telecom business
Hormel Foods to acquire Applegate Farms
27 May 2015
Australia’s AGL Energy plans $780-mn asset sale
27 May 2015
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