M&A
US regulators grant conditional approval to Abbott’s acquisition of St. Jude Medical
28 Dec 2016
US antitrust regulators yesterday approved Abbott Laboratories proposed $25-billion acquisition of medical device maker St. Jude Medical Inc on condition that it divests two medical device businesses
ONGC to acquire 80% in GSPC’s KG basin gas block for $995 mn
24 Dec 2016
ONGC will pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West Field in the KG basin
Tata Steel to acquire Brahmani River Pellets for Rs900 cr
24 Dec 2016
Tata Steel will acquire 100-per cent stake in Brahmani River Pellets in a Rs900-crore all-cash deal, in a move that would help the company secure raw material and reduce costs at its Kalinganagar steel unit in Odisha
Chinese bourses set to acquire 40% in Pakistan Stock Exchange
23 Dec 2016
The consortium of buyers include China Financial Futures Exchange Company, the Shanghai Stock Exchange and the Shenzhen Stock Exchange besides local FIs Pak-China Investment Company and Habib Bank
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