M&A
PepsiCo acquires Brazil's cookie and cracker producer, Mabel
03 Nov 2011
PepsiCo outbid global rivals Bunge Inc and Mexico's Grupo Bimbo for Mabel.
Aditya Birla mulls bidding for Australian thermal coal miner New Hope
03 Nov 2011
Aditya Birla Group needs thermal coal for its group companies Hindalco Industries and UltraTech Cement, the country's largest aluminium and cement producer respectivel.
ThyssenKrupp holds roadshow for PE firms for stainless steel business
03 Nov 2011
Among those invited to bid for the sale of its stainless steel business,include Apollo Global Management, Blackstone Group and Kohlberg Kravis Roberts.
WNS acquires Paxys's stake in Philippines JV
02 Nov 2011
Cnooc plans $7-bn bid for BP’s stake in Argentina’s Pan American Energy
02 Nov 2011
China's biggest offshore oil producer, Cnooc Ltd, is planning a $7.06-billion bid to acquire BP's stake in Argentine oil company Pan American Energy for.
BHP Billiton, Mitsubishi to invest $4.2 bn in Australian coking coal projects
01 Nov 2011
The project will initially add 8 million tonnes of coking coal a year and later expand to 10 million tonnes a year.
TNK-BP confirms deal to buy 45-% stake in Brazilian exploration blocks for $1 bn
01 Nov 2011
The deal, which had been under negotiations, will lead to the biggest upstream overseas investment by TNK-BP.
Valero Energy stock plummets after RIL denies acquisition rumours
01 Nov 2011
The stock price of US-based Valero Energy plummeted 7 per cent yesterday after Reliance Industries scotched rumours that it planned to buy the company.
Japanese premier expresses concern over Olympus scam
31 Oct 2011
Japanese prime minister Yoshihiko Noda has admitted that the scandal relating to controversial payments made by camera-maker Olympus could tarnish his country’s image.
Omnicom acquires 51-% stake in Anil Ambani's Mudra Group
31 Oct 2011
The $12.5-billion marketing and communications firm Omnicom Inc, yesterday acquired a majority 51-per cent stake in Anil Ambani-owned advertising and communications business Mudra Group.
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