M&A

NCLT approves JSW Steel's Rs19,700-cr bid for Bhushan Power & Steel

06 Sep 2019

Hindalco faces US regulatory hurdle in Novelis-Aleris Corp deal

05 Sep 2019

Roche’s $4.3 billion takeover offer for Spark extended till 1 October

05 Sep 2019

Amazon acquires 49% stake in Future Coupons

Amazon acquires 49% stake in Future Coupons

23 Aug 2019

The move by American giant Amazon to acquire a stake in Future Coupons is heating up the retail scenario in India, especially with Walmart also planning major expansion and Reliance Retail joining hands with small-time retailers

CIT to acquire Mutual of Omaha Bank in $1 billion deal

14 Aug 2019

Anil Agarwal's Volcan Investments backs out of Jet Airways EoI

13 Aug 2019

Amazon to acquire 10% stake in Future Retail

Amazon to acquire 10% stake in Future Retail

13 Aug 2019

Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail

Saudi Aramco to buy 20% in RIL's oil-to-chemical business for $75 bn

Saudi Aramco to buy 20% in RIL's oil-to-chemical business for $75 bn

12 Aug 2019

Saudi Aramco will supply 500,00 barrels of crude oil a day to RIL's Jamnagar refinery under the long-term partnership

Anil Agarwal’s Vulcan Investment, two other bidders show interest in Jet Airways

12 Aug 2019

Tata Steel calls off $327-million S-E Asian asset sale to China’s HBIS

07 Aug 2019

MasterCard to buy most of payments company Nets for $3.19 billion

MasterCard to buy most of payments company Nets for $3.19 billion

07 Aug 2019

The acquisition of majority of Nets’ Corporate Services business will provide more depth and scale to MasterCard’s `Send and Transfast’ technologies that deliver cross-border payments to bank accounts, mobile wallets and cards

Reliance to buy 87.6% stake e-commerce startup Fynd For Rs295 cr

05 Aug 2019

LSE to buy financial tech firm Refinitiv in $27 bn deal

LSE to buy financial tech firm Refinitiv in $27 bn deal

01 Aug 2019

The deal will see the Blackstone-led consortium doubling the value of its investment in Refinitiv and the consortium of investment funds affiliated with Blackstone and Thomson Reuters ending up with about 37 per cent economic interest in LSEG and less than 30 per cent of the total voting rights of LSEG

Zee promoters sell 11% stake to Invesco Oppenheimer for Rs4,224 cr

Zee promoters sell 11% stake to Invesco Oppenheimer for Rs4,224 cr

01 Aug 2019

The funds raised will help the broadcaster buy time with lenders as a standstill agreement the group entered into with lenders expires on 30 September 2019

Telecom ministry okays merger of MTNL with BSNL

Telecom ministry okays merger of MTNL with BSNL

30 Jul 2019

MTNL, which operates only in the Mumbai and Delhi circles, will become a subsidiary of BSNL following the merger, says a report in the Business Line

Apple to acquire most of Intel’s smartphone modem business

Apple to acquire most of Intel’s smartphone modem business

26 Jul 2019

Almost 2,200 employees from Intel will join Apple, along with intellectual property, equipment and leases as Intel shifts focus on 5G technologies that will enable disruptive innovation in the network infrastructure

IBM completes $34-billion acquisition of Red Hat

IBM completes $34-billion acquisition of Red Hat

10 Jul 2019

The acquisition positions IBM as the leading hybrid cloud provider and accelerates IBM's high-value business model, while extending Red Hat's open source innovation to a broader range of clients

ABB to sell solar inverter business to Italy’s FIMER

09 Jul 2019

Tata group paid lenders and govt Rs50,000 cr to offload Tata Tele to Airtel

09 Jul 2019

NCLAT approves ArcelorMittal bid for Essar Steel, rejects Ruias’ offer

NCLAT approves ArcelorMittal bid for Essar Steel, rejects Ruias’ offer

04 Jul 2019

The NCLAT also revised the approved claims of operational creditors to Rs19,700 crore, up from Rs5,000 crore and said the committee of creditors has no role in distribution of amount between operational and financial creditors

Jet Airways Employee Consortium, AdiGroup to bid for 75% of airline

02 Jul 2019

Anil Ambani group in talks to sell or lease its Mumbai headquarters: report

01 Jul 2019

Liberty acquires European steel assets of ArcelorMittal for $740 million

Liberty acquires European steel assets of ArcelorMittal for $740 million

01 Jul 2019

The deal brings Liberty Steel’s total rolling capacity to over 18 million tonnes, covering a wide range of finished products, and catapults it into top 10 steel producers globally outside China

L&T acquires 51.8% in Mindtree; heads may roll now

26 Jun 2019

Number of US states opposing T-Mobile-Sprint merger rises to 14

Number of US states opposing T-Mobile-Sprint merger rises to 14

26 Jun 2019

US District Judge Victor Marrero noted that while the complaint, filed by attorneys who are Democrats, maintains that aggressive competition have resulted in “falling prices,” they also state the companies’ ability to signal each other on rates “has led to higher prices for consumers”

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