M&A

AstraZeneca acquires EsoBiotec in $1 bn deal

18 Mar 2025

British-Swedish multinational pharmaceutical and biotechnology company AstraZenica on Monday announced the acquisition of biotechnology company EsoBiotech in a $1 billion transaction

Blackstone to acquire up to 40% stake in Kolte Patil Developers

17 Mar 2025

US investment firm Blackstone is acquiring a 14.3 per cent stake in Kolte Patil Developers by way of a preferential allotment of shares

ABB to invest $120 million to expand US manufacturing

15 Mar 2025

ABB is planning additional investments in key growth areas, including manufacturing and data centres, in the United States, helping to create new jobs.

Sun Pharma to acquire oncology therapy company Checkpoint in US

11 Mar 2025

Sun Pharmaceutical Industries Ltd has entered into an agreement to acquire US-based immunotherapy and targeted oncology company, Checkpoint Therapeutics Inc

ADNOC and OMV to merge polyolefin businesses to create $60 billion giant

06 Mar 2025

State-owned Abu Dhabi National Oil Company (ADNOC) and Austria's OMV will merge their polyolefin businesses to create a $60 billion chemicals powerhouse, called Borouge.

Tata Play, Airtel to merge DTH operations in an all-stock deal: report

27 Feb 2025

Direct-to-home digital broadcasting businesses Tata Play and Airtel Digital TV are planning to merge amidst continued loss of business to free-to-air channels like DD

Sinopec signs $850 million exploration deal with Algeria's Sonatrach

27 Feb 2025

China Petroleum and Chemical Corporation (Sinopec), the state-run exploration and refining giant, has signed an $850 million contract with Algerian oil company Sonatrach

Saudi Aramco to acquire 25% stake in Philippines’ Unioil

21 Feb 2025

Saudi Arabia’s Aramco, one of the world’s leading integrated energy and chemicals companies, is acquiring a 25 per cent interest in Unioil Petroleum Philippines, the largest oil marketing company in the Philippines.

Japanese PM Ishiba, Trump concur on keeping US Steel American

09 Feb 2025

Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have agreed that US Steel Corporation will remain American

Renault looks to Foxconn, other tech groups to offload Nissan stake

08 Feb 2025

French carmaker Renault is reported to be in talks with Taiwan’s Foxconn to sell its stake in Nissan as part of a wider search for a buyer

Nissan says merger talks with Honda on, rejects reports of pullout

06 Feb 2025

Japanese automaker Nissan on Wednesday said it is continuing to hold “various discussions” with larger peer Honda, rejecting reports that the company

Nippon Steel and US Steel move court against President Biden’s order blocking deal

04 Feb 2025

Nippon Steel Corporation along with its wholly owned subsidiary Nippon Steel North America, Inc, and United States Steel Corporation

Hewlett Packard, Juniper defend $14bn deal as US justice department moves to block transaction

02 Feb 2025

Hewlett Packard Enterprise and Juniper Networks have come out strongly against the US Department of Justice’s move to block HPE’s $14 billion deal

UltraTech Cement in talks to acquire Heidelberg Cements India Ltd

28 Jan 2025

Aditya Birla Group company UltraTech Cement, the country’s biggest cement manufacturer, is reported to be in talks to acquire Heidelberg Cement India Ltd

ABB acquiring Dutch energy management company Sensorfact

22 Jan 2025

Electrical and instrumentation technology leader ABB is acquiring Dutch energy management company, Sensorfact BV

Perplexity AI seeks to merge with TikTok US: report

20 Jan 2025

The AI-assisted search engine startup, Perplexity AI, wants to merge with the short-video social media platform, TikTok, in the United States, where that company is facing certain ban

India, Nepal to jointly develop 900 MW Upper Karnali hydro power project in Nepal

17 Jan 2025

India and Nepal will jointly develop the 900 MW Upper Karnali hydro-electric project over River Karnali, the largest hydro-electric power project in Nepal.

Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal

By Axel Miller | 13 Jan 2025

The Biden administration has delayed enforcing its order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel until June

GSK to acquire biotech company IDRx for up to $1.15 billion

By Cygnus | 13 Jan 2025

British pharmaceutical titan GSK has announced its intention to acquire the Boston-based biotech innovator IDRx for up to $1.15 billion.

Berger, JSW look to acquire Akzo Nobel’s decorative paints business in India

11 Jan 2025

Berger Paints and JSW Paints are looking at acquiring Akzo Nobel, the maker of Dulux paints, as the Dutch multinational has started a review if its decorative pains business in South Asia.

CCI approves Tata Electronic’s proposal to acquire Pegatron India

08 Jan 2025

Competition Commission of India (CCI) has approved the proposed acquisition of majority shareholding of Pegatron Technology India Pvt Ltd by Tata Electronics Pvt Ltd

RBI lets HDFC Bank buy up to 9.5% each in AU SFB. Kotak Mahindra and Capital Small Finance Bank

05 Jan 2025

The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5 per cent stake in AU Small Finance Bank, Kotak Mahindra Bank and Capital Small Finance Bank.

President Joe Biden blocks Nippon Steel’s acquisition of US Steel

04 Jan 2025

US President Joe Biden has blocked Japanese steel major Nippon Steel’s proposed acquisition of US Steel by invoking provisions of the defence production and national security Acts.