M&A

20 Apr 2018

The apex court bench said if the Sahara group fails to sell its property by 15 May, it would proceed with the plan submitted by the Bombay HC liquidator to auction five land parcels it had identified

20 Apr 2018

As part of the deal, P&G will acquire a majority stake of 51.80 per cent stake in India listed drug firm Merck Ltd for Rs 1,289.88 crore and subsequently make a mandatory tender offer to minority shareholders

18 Apr 2018

18 Apr 2018

Fosun said it will consider a primary infusion of up to Rs2,300 crore ($350 mn), with Rs100 crore flowing in within 45 days, once Fortis agrees to a one-month period of exclusivity for Fosun to undertake due diligence and negotiate a proposal to acquire stake in the company

17 Apr 2018

16 Apr 2018

16 Apr 2018

The announcement comes ahead of a possible order by the Ahmedabad bench of the National Company Law Tribunal on the eligibility of ArcelorMittal and Numetal to bid for debt-laden Essar Steel

16 Apr 2018

Malaysia’s IHH Healthcare Bhd said today India’s Fortis Healthcare Ltd has declined to engage with the company regarding a takeover offer, which indicates that the Manipal Health Enterprises-TPG Capital combine is virtually certain to win Fortis

16 Apr 2018

16 Apr 2018

Since lenders cannot accept the revised offer of Rs7,990 crore, although it is Rs1,290 crore more than Dalmia Bharat’s approved bid, operational creditors of Binani Cement are now seeking a forensic audit of the resolution process and a change of resolution professionals

14 Apr 2018

14 Apr 2018

14 Apr 2018

13 Apr 2018

Fortis Healthcare has received an unsolicited binding offer jointly from Sunil Munjal’s Hero Enterprise and the Burmans of Dabur to invest Rs1,250 crore directly in the company through a preferential allotment 

13 Apr 2018

12 Apr 2018

Malaysian investment holding firm IHH Healthcare Bhd plans to bid for India's Fortis Healthcare Ltd at a price marginally better than Manipal Hospitals Enterprises Pvt Ltd's offer, Bloomberg reported today citing people aware of the matter

12 Apr 2018

Walmart completed its due diligence on Flipkart and has proposed acquiring 51 per cent of the stocks for between $10 billion and $12 billion 

11 Apr 2018

Saudi Aaramco along with a strategic partner and an Indian consortium comprising Indian Oil, Bharat Petroleum and Hindustan Petroleum will invest an estimated Rs3,00,000 crore to build the 1.2-million bpd Ratnagiri Refinery and Petrochemicals Ltd

11 Apr 2018

The Tata Group is unlikely to consider a bid for the national carrier as the terms are too onerous, a report says. With Jet Airways and IndiGo no longer in the running, it seems no one wants to be part of an airline where the government insists on holding a stake 

11 Apr 2018

11 Apr 2018

10 Apr 2018

10 Apr 2018

While economists say there is a strong likelihood of market abuse when four companies control 45 per cent of the market, the move by the US department of justice will allow one company to control 77 per cent of all seed corn, 69 per cent of all seed traits and 58-97 per cent of the markets in cotton, soybeans, and canola

10 Apr 2018

10 Apr 2018