M&A
RIL – BP deal gets government approval
09 Aug 2011
Reliance Industries today said it had received government approval for selling a 30-per cent stake in 21 oil and gas blocks including the in-production KG D6 block to British oil explorer BP Plc for $7.2 billion.
Blackstone Group to invest $3.5-bn in Germany's Meerwind offshore wind farms
05 Aug 2011
The €1.2-billion project, called Meerwind, first announced in 2008, is set to produce enough power to service 40,000 homes.
Kraft Foods to split into two companies
04 Aug 2011
Kraft expects to create these companies through a tax-free spin-off of the North American grocery business to Kraft Foods shareholders by the end of the year
Hitachi, Mitsubishi plan merger of infrastructure businesses
04 Aug 2011
If the deal goes ahead, the combined company would become one of the largest global firms in a number of key sectors
Hitachi, Mitsubishi plan merger of infrastructure businesses
04 Aug 2011
If the deal goes ahead, the combined company would become one of the largest global firms in a number of key sectors
Hitachi, Mitsubishi plan merger of infrastructure businesses
04 Aug 2011
If the deal goes ahead, the combined company would become one of the largest global firms in a number of key sectors
EMI sale may fetch more than $4 billion: report
03 Aug 2011
Danone to buy Wockhardt's nutrition business for Rs1,576 crore
03 Aug 2011
To gain an entry into the world's fastest-growing infant nutrition market, French dairy major Groupe Danone is buying the nutrition business of pharmaceutical major Wockhardt for Rs1,576 crore.
Japan's Kirin buys controlling stake in Brazilian brewer for $2.56 billion
02 Aug 2011
Kirin, Japan's second largest brewer after Asahi Breweries, said it had bought all outstanding shares of Aleadri-Schinni, which holds a 50.45 per cent stake in Schincariol.
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