M&A

Japanese major Sumitomo buys 49% stake for Rs 1,181 crore in Mukand’s special steel subsidiary

21 May 2018

Walmart seeks competition panel nod for Flipkart stake purchase

19 May 2018

Tata Steel completes acquisition of bankrupt Bhushan Steel

19 May 2018

Tata Steel said on Friday it has completed the acquisition of a 72.7 per cent stake in bankrupt Bhushan Steel Ltd (BSL) for Rs35,200 crore, making the first acquisition of a stressed asset under the new Insolvency and Bankruptcy Code

RCom, Ericsson propose to settle matter out of NCLT

17 May 2018

Creditor banks are reported to be backing the debt-ridden telco to counter Swedish gear maker Ericsson’s move in order to ensure that their dues are not compromised

RCom shares hit as insolvency rule hampers Mukesh Ambani's bailout bid

17 May 2018

Post-merger Bharti Airtel to lay off 800 Telenor India staff

17 May 2018

ArcelorMittal deposits Rs7,000 cr with SBI to ensure eligibility for Essar

16 May 2018

The move to park about Rs7,000 crore in an escrow account of State Bank of India follows ArcelorMittal's bid for Essar Steel being questioned because of its past shareholding in loan defaulter Uttam Galva Steel

RCom faces insolvency proceedings on Ericsson plea; Jio deal in jeopardy

16 May 2018

PE / VC investments grow by 23% in April, e-commerce leads as a sector: EY

16 May 2018

Worldline to buy payments unit of Swiss exchange operator SIX for $2.75 bn

16 May 2018

French agri-food giant Avril acquires majority stake in Italian olive oil maker Costa d’Oro

16 May 2018

Tyson Foods to buy American Proteins' poultry assets for $850 mn

16 May 2018

Struggling US department store chain Sears to explore sale of Kenmore brand

15 May 2018

Bharti Airtel-Telenor merger finalised as DoT gives nod

15 May 2018

Airtel will formally buy Telenor India in a no-cash deal and take over its spectrum payment dues of about Rs1,650 crore. All customers of Telenor India would become part of Airtel, which will get 43.4 MHz of spectrum in the 1,800 MHz band from Telenor

NCLT approves Tata Steel as the owner of Bhushan Steel

15 May 2018

The National Company Law Tribunal (NCLT) on Tuesday approved Tata Steel’s bid to take over debt-ridden Bhushan Steel

ConocoPhillips planning to sell some or all of its North Sea fields

15 May 2018

Eli Lilly to buy privately-held AurKa Pharma in a deal potentially worth $575 mn

14 May 2018

Canadian medical marijuana provider Aurora Cannabis to buy MedReleaf for $2.5 bn

14 May 2018

Suzuki to allocate bulk of $1.5 bn R&D spend to Indian unit Maruti

14 May 2018

Xerox terminates $6.1-bn merger with Fujifilm, reaches agreement with Icahn & Deason

14 May 2018

Aurobindo and others in the race to buy Novartis portfolio of US assets

12 May 2018

If Aurobindo Pharma is successful in clinching the deal, it would be the largest acquisition of an overseas business by any Indian drug producer, after Lupin's 2015 acquisitions of Gavis Pharmaceuticals and Novel Laboratories for $880 million, in a cash-free and debt deal

PE firm True North to take 265 stake in Fedbank Financial

12 May 2018

Royal Dutch Shell to sell its stake in Amberjack Pipeline for $1.22 bn

11 May 2018

Eli Lilly to buy Armo BioSciences for $1.6 bn

11 May 2018

US pharmaceutical company Eli Lilly and Co yesterday struck a deal to buy Armo BioSciences Inc for about $1.6 billion in order to strengthen its immuno-oncology portfolio

SoftBank still undecided on sale of Flipkart stake to Walmart

11 May 2018

Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm