M&A
French lensmaker Essilor to buy Italy's Luxottica for $24 bn
17 Jan 2017
French lensmaker Essilor International SA yesterday struck a deal to buy Italy's Luxottica Group SpA, for about €22.8 billion ($24 billion) in stock, in order to become the world’s largest player in the €95-billion eyewear market
Luxottica and Essilor agree on €45-bn merger of equals: report
16 Jan 2017
Italy's Luxottica Group SpA and France's Essilor International plan to create a giant in the global eyewear industry through a merger of equals
KKR to buy Hitachi's power tools unit for $1.3 bn
13 Jan 2017
Founded in 1948, Hitachi Koki manufactures power tools and life-science instruments
France to buy out minority shareholders of Areva
12 Jan 2017
Coty to buy majority stake in online cosmetics retailer Younique for $600 mn
11 Jan 2017
With operations in the US, Canada, Mexico, Australia, New Zealand, the UK, Germany, France, Spain, and Hong Kong and over 4 million consumers worldwide, Younique is expected to generate approximately $400 million in net revenues in 2016
Marissa Mayer, others to quit Yahoo after it becomes ‘Altaba’
10 Jan 2017
Yahoo chief executive officer Marissa Mayer, co-founder David Filo and others plan to resign from the company's board when it completes its $4.8 billion sale to Verizon
Mars to buy veterinary hospital operator VCA for $7.7 bn
10 Jan 2017
Mars, the world’s largest confectionary maker with annual sales of $33 billion, is also the world’s biggest pet food company with a 25 per cent share of the $71.77 billion global pet food market
Japan’s Takeda to buy US cancer drug maker Ariad for $5.20 bn
10 Jan 2017
The deal will give Takeda two innovative precision drugs, including a leukemia drug with sales of $170-180 million last year, and Brigatinib, which could offset any loss of sales due to generic competition to its top-selling blood cancer drug Velcade
Carlyle, Citic to buy majority stake in McDonald's China/HK businesses for $2.08 bn
09 Jan 2017
Under the deal, China’s state-backed conglomerate and Citic Capital Partners will jointly buy a 52 per cent stake, while Carlyle will hold 28 per cent and McDonald’s will retain 20 per cent
Japanese tyre maker Sumitomo Rubber to buy Britain’s Micheldever for £215 mn
06 Jan 2017
The deal comes just a week after Sumitomo Rubber agreed to buy trademark rights of the overseas and sporting goods businesses of Dunlop and Itochu’s acquisition of Kwik-Fit in 2011
Latest articles
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
