M&A
Fortis acquires 10 Wockhardt hospitals for Rs909 crore
24 Aug 2009
Fortis will take over eight operating hospitals and two that are under construction from Wockhardt, adding 1,902 beds to its hospital capacity
M&A deals drop in first half '09: report
24 Aug 2009
Though M&A deals in the global asset management industry fell in the first half of the year, a recovery is expected in the second half
Oracle's acquisition of Sun approved by US justice dept
24 Aug 2009
Software giant Oracle Corporation’s $7.4 billion offer to acquire Sun Microsystems moved one-step closer to completing the acquisition after the US Department of Justice approved the deal
Tribune to sell Chicago Cubs for $845 million
24 Aug 2009
Opel talks prolong as GM undecided on Magna offer
22 Aug 2009
The future of General Motors’ European Opel division hangs in balance after GM’s board was unable to pinpoint a suitable buyer for its German unit
MTN raising $4.5 billion loan for merger with Bharti: report
21 Aug 2009
South African telecom group MTN is close to finalising a $4.5 billion loan syndication deal with banks to finance its merger with Bharti Airtel, reports quoting banking sources said today
McNally arm to acquire German firm KHD Humboldt Wedag
21 Aug 2009
McNally Bharat is acquiring KHD Humboldt Wedag Internationals' manufacturing facility in Cologne, Germany, through its Singapore subsidiary
Oberoi denies receiving proposal from ITC
21 Aug 2009
Bharti not to raise MTN offer: Sunil Mittal
21 Aug 2009
Bharti Airtel is not considering sweetening its offer for a stake in South Africa’s MTN, says Bharti chairman Sunil Mittal
Bharti-MTN again extend merger talks to 30 September
20 Aug 2009
Bharti, India's largest mobile company by subscribers as well as revenue, said today that its exclusive merger talks with South Africa’s MTN is being extended by another month till 30 September 2009.
Sterlite raises Asarco offer to $2.1 billion
20 Aug 2009
Sterlite Industries, today raised its offer for bankrupt copper miner and refiner, Asarco LLC, by approximately $500 million
GM confirms deal to sell Saab to Koenigsegg
19 Aug 2009
General Motors has confirmed its deal with Sweden’s high-performance sports car maker Koenigsegg Group AB to sell its Saab unit
Reliance Communications in talks to acquire African assets of Zain
18 Aug 2009
Reliance Communications, is in talks to acquire part of Kuwaiti Telecom operator Zain’s sub-Sahara African operations, in a deal, which could be over $10 billion.
MSNBC.com picks up Chicago-based web site EveryBlock
18 Aug 2009
Microsoft and NBC Universal joint venture MSNBC.com has acquired Chicago-based news website, EveryBlock, in an undisclosed deal, estimated to run into several million dollars
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