M&A
GM to close Saab as talks with Spyker collapse
19 Dec 2009
General Motors (GM) is closing its Swedish venture, Saab Automobile AB, as talks to sell the loss-making brand to Dutch automaker Spyker Cars collapsed yesterday.
SBS merger with SBI formalised as RS passes bill
19 Dec 2009
Sun Pharma advises Taro shareholders against voting at AGM
18 Dec 2009
In a letter written to shareholders of Israeli-based Taro, Sun Pharmaceuticals chairman and managing director Dilip Shanghvi accuses Taro chairman Barret Levy of rewarding independent directors for conniving to defraud shareholders.
Icahn says Take-Two ‘undervalued’, ups stake
18 Dec 2009
NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion
18 Dec 2009
The surprise announcement comes after Australia's AMP, and France's AXA SA, which owns 54 per cent of AXA AP, moved earlier this week to bring a swift conclusion to their ongoing cash and scrip bid for AXA AP
Iconix to call off Playboy acquisition talks
17 Dec 2009
J&J to buy ENT device maker Acclarent for $785 million
17 Dec 2009
To bolster revenue affected by the drop in sales of its blockbuster drugs on patent expiry and generic competition, J&J has been resorting to acquisition of new products and technologies
Godrej keen to acquire majority stake in JV with Sara Lee
16 Dec 2009
Chairman Adi Godrej says Godrej Consumer Products is keen to acquire a 51-per cent stake in Godrej Sara Lee, its joint venture with the US-based Sara Lee Corp
Hospira of US buys Orchid’s injectables business
16 Dec 2009
Orchid has 54 products for launch in the US, has also filed about 72 marketing applications to supply active pharmaceutical ingredients.
Banks workers go on strike against mergers; services hit
16 Dec 2009
Nearly 600,000 bank employees across the country went on strike today to protest against the merger and consolidation of public sector banks
E&Y survey moots M&As in low-growth environment
15 Dec 2009
M&M acquires majority stake in two Australian aerospace companies
15 Dec 2009
The acquisitions have been made in partnership with Kotak Private Equity, and M&M will hold a 75.1-per cent stake in both companies
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