M&A
Broadcom to acquire CA Technologies for $18.9 bn in cash
13 Jul 2018
The acquisition of an infrastructure software technology company marks a departure from Broadcom's strategy of acquiring rival chipmakers
Malaysia’s IHH wins race for Fortis Healthcare
13 Jul 2018
IHH Healthcare will acquire a 31.1 per cent stake in Fortis Hospitals for Rs4,000 crore through a preferential allotment at a price of Rs170 per share, before making an open offer for another 26 per cent stake in Fortis
Qatar set to buy Sahara's New York Plaza Hotel for $600 mn: report
04 Jul 2018
Qatar's state-owned Katara Holding is buying full ownership of the Plaza Hotel, including a 75-per cent stake from the troubled Sahara India Pariwar, reports Reuters citing a source familiar with the deal
Traders threaten to fight Flipkart-Walmart deal in Supreme Court
03 Jul 2018
India currently allows 100-per cent foreign direct investment in e-commerce firms that operate on an online marketplace-based model and most analysts and experts expect the deal to go through
Bharti Infratel-Indus Towers merger gets CCI nod
02 Jul 2018
Tata steel, Thyssenkrupp in pact to merge steel business
30 Jun 2018
Tata Steel on Saturday said it had signed definitive agreements with Thyssenkrupp AG to combine their European steel businesses in a 50 : 50 joint venture in a new company
JSW Steel expanding in US and Europe
28 Jun 2018
Govt may dip into its LIC kitty again to bail out IDBI Bank
26 Jun 2018
Against non-performing assets of about Rs55,000 crore and stressed assets of nearly 60,000 crore, IDBI Bank had fixed assets worth Rs6,771 crore as of end March 2018
Saudi Aramco, ADNOC to share 50% stake in Ratnagiri refinery
26 Jun 2018
Saudi Aramco and ADNOC will together hold a 50-per cent stake in the 60 million tonnes a year Ratnagiri refinery project that is expected to come on stream by 2025
Govt puts off Air India stake sale plan
19 Jun 2018
The government is now looking at turning around Air India to ensure that it makes profits on overall basis before going in for a listing, as is required under Sebi listing norms
Google bets $550 million on Chinese e-commerce firm JD.com
18 Jun 2018
Google has been rapidly expanding its e-commerce business, partnering with Costco, Target, and Walmart and promoting products through the Google Assistant and Google Shopping
AT&T completes $85-bn acquisition of Time Warner
18 Jun 2018
The deal that brings together global media and entertainment leaders Warner Bros, HBO and Turner under AT&T’s banner, can still be challenged by the US justice department
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