M&A

China Eastern acquires Shanghai Airlines for $1.3 billion

13 Jul 2009

Nomura acquires 35 per cent stake in LIC Mutual Fund

13 Jul 2009

Japan’s Nomura Holdings has acquired a 35-per cent stake in LIC Mutual Fund Asset Management for about Rs308 crore, valuing the fund house at Rs880 crore

NYT defers bid deadline for The Boston Globe

11 Jul 2009

Philip Morris to acquire Columbian cigarette maker for $452 million

11 Jul 2009

The maker of Marlboro is acquiring Columbian cigarette producer Protabaco for $452 million, to expand its presence in the South American continent.

Government to support Tech Mahindra on US class action suits

11 Jul 2009

Dioro board asks shareholders to take no action of Avoca offer

10 Jul 2009

Tata Group firm TRF acquires Dutch Lanka Trailer Manufacturers for $17 million

10 Jul 2009

Broadcom abandons $912 million hostile bid to acquire Emulex

10 Jul 2009

Aegis acquires South African BPO group CCN

10 Jul 2009

Aegis Limited, the BPO arm of the Essar Group, has acquired a 100-per cent equity stake in South Africa contact center outsourcing company CCN Group (Pty) Ltd

Seven Network chief Kerry Stokes speculated to be eyeing CMH

09 Jul 2009

EMC wins $2.1-billion bidding war for Data Domain

09 Jul 2009

Information infrastructure technology giant EMC beat rival NetApp yesterday to acquire Data Doamain for $2.1 billion in the month-long bidding war

NRG Energy rejects Exelon’s sweetened $7.45 billion hostile bid

08 Jul 2009

NRG Energy has rejected Exelon Corporation’s $7.45-billion hostile takeover offer saying that though the revised offer "step in the right direction", it still undervalues the company

Mahindra Satyam gets CLB nod for preferential issue to Tech Mahindra

08 Jul 2009

Public offer not mandatory in Bharti-MTN deal: SEBI

08 Jul 2009

SEBI says that South African telecom service provider MTN and its shareholders can buy 36 per cent in Bharti via GDRs without making a mandatory open offer

Boeing to buy 787 Dreamliner parts maker for $580 million

08 Jul 2009

Essar Steel close to acquiring Ajmera’s steel unit for Rs700 crore

08 Jul 2009

In a strategic move to become the largest manufacturer of cold-rolled steel in the country, Essar Steel Ltd is planning to acquire a majority stake in the Ajmera Group's Shree Precoated Steels for Rs.700 crore

Satyam to issue fresh shares to Tech Mahindra

07 Jul 2009

EMC escalates bidding war for Data Domain with $2.1-billion offer

07 Jul 2009

The bidding war for Data Domain between EMC and NettApp escalated yesterday after EMC once again raised its all-cash offer from $1.8 billion to $2.1 billion

ONGC in race for stake in Repsol -YPF's Argentinean arm

07 Jul 2009

Boosted by its successful acquisition of Imperial Energy in December 2008, ONGC now trains its sights on the Argentine unit of Spanish oil major Repsol-YPF