M&A
SBI to ramp up overseas business; plans $1 billion acquisitions
18 Sep 2009
SBI is looking at acquisitions of up to $1 billion in the United Kingdom, where it expects to maintain a 40 per cent growth rate, says chairman O P Bhatt
Skype sale in cloud as Joltid files lawsuit
17 Sep 2009
ENRC in talks to acquire cobalt major Camec for $1 billion
17 Sep 2009
Kazakhstan mining group Eurasian Natural Resources is in advanced talks to acquire Central African Mining & Exploration
Corning buys Axygen BioScience for $400 million
17 Sep 2009
The gloal leader in specialty glass and ceramics, plans to diversify into life sciences with its $400-million acquisition of Axygen BioScience
BSNL eyes Luxembourg telecom firm's Sri Lanka unit, Celltel
17 Sep 2009
Sitting on a cash pile of over $6 billion, state-run BSNL, India's fourth-largest mobile operator, has submitted a bid to buy Luxembourg-based telecom operator Millicom International Cellular SA's Sri Lankan operations, Celltel, which operates under the Tigo brand
Adobe agrees to acquire Omniture for $1.8 billion
17 Sep 2009
Global creative and multimedia software provider Adobe Systems is acvquiring online marketing and web analytics company Omniture Inc, for approximately $1.8 billion
Hit by losses JAL to cut 6,800 jobs in three years, hints chief
16 Sep 2009
JAL, which plans to scale down its operations, conveyed its improvement plan yesterday to a panel of Japan’s land, infrastructure, transport and tourism ministry.
Bharti-MTN deal may face SA regulatory hurdles
15 Sep 2009
South African authorities have made clear in recent days that the transaction faces close scrutiny, with the country's communication regulator saying the deal may face public hearings
Magna likely to shed 10,500 Opel, Vauxhall jobs in Europe
15 Sep 2009
Confirming the fears of the critics of the GM-Magna deal, the Canadian car parts manufacturer said it may cut10,500 jobs at Opel and Vauxhall in Europe in the coming 12 months
AMR Corp joins fray for JAL stake, after Delta, Air France-KLM
15 Sep 2009
Texas-based AMR Corp., the parent of American Airlines, is planning to inject millions of dollars in to loss-making Japan Airlines Corp
Yahoo to offload entire stake in Alibaba.com
14 Sep 2009
Avaya bags Nortel’s telecom unit with $900 million bid
14 Sep 2009
Avaya Inc today bagged Nortel Networks' enterprise solutions division for $900 million in a bankruptcy auction
BASF India board okays Ciba India merger
14 Sep 2009
Following parent BASF's acquisition of Ciba Holding AG, a the board of BASF India approves the merger of Ciba India and its two affiliate firms with itself
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