M&A
BP decides against selling US wind farm business
30 Jul 2013
Hudson’s Bay to buy Canadian fashion retailer Saks for $2.4 bn
30 Jul 2013
The merger would combine three of the retail industry’s most iconic brands - Hudson’s Bay, Lord & Taylor and Saks Fifth Avenue - into a leading North American fashion retailer
US drugmaker Perrigo buys Irish biotechnology major Elan for $8.6 bn
30 Jul 2013
The deal brings an end the multiple hostile attempts by US investment firm Royalty Pharma for the takeover of Elan during the past few months
FIPB gives conditional nod for Jet-Etihad deal
29 Jul 2013
Jet Airways’ Rs2,058-cr sale of a 24 per cent stake to Etihad still needs approval from capital market regulator SEBI and the group of ministers
US specialty chemicals firm Rockwood sells clay business to Germany’s Altana Group for $635 mn
29 Jul 2013
Two top ad firms Publicis, Omnicom in merger talks
27 Jul 2013
Two of the world’s large advertising firms Publicis Groupe SA and Omnicom Group Inc are in merger talks, which if successful, would create the world's largest advertising conglomerate
Etihad loosens grip on Jet; halves board membership to two
26 Jul 2013
The reworked shareholding agreement limits the number of directors representing Etihad on the 10-member Jet Airways’ board to two against of the earlier proposed four
SEBI puts onus for Jet-Etihad deal on FIPB, DEA
26 Jul 2013
Activision Blizzard buys back stake from Vivendi in $8.17-bn deal
26 Jul 2013
Activision Blizzard Inc, the world's largest and most profitable gaming company and a management group will buy itself back from French conglomerate Vivendi in an $8.17 billion deal
DLF sells 74% insurance JV stake to Dewan Housing
26 Jul 2013
In a move aimed at diversifying from housing finance to insurance, Dewan Housing Finance Ltd has acquired DLF’s 74-per cent stake in DLF Pramerica Life Insurance
Axel Springer sells some publications to rival Funke for $1.22 bn
26 Jul 2013
Axel Springer, Europe’s biggest newspaper publisher, yesterday sold two regional newspapers and some magazines to rival Funke Mediengruppe, for $1.22 million.
Michael Dell raises offer by a dime to tweak voting rules
25 Jul 2013
Michael Dell wants the company special committee to drop a rule that treats shares not cast either 'for' or 'against' the deal, as votes against the deal.
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