M&A
Intel to sell 51% stake in Altera to buyout firm Silver Lake for $4.46 billion
15 Apr 2025
Chipmaker Intel is selling a 51 per cent stake in its Altera programmable chip unit to buyout firm Silver Lake, for $4.46 billion, in a deal that values the struggling business at $8.75 billion
RIL buys additional 10% stake in Nauyaan Shipyard for Rs51.72 cr
14 Apr 2025
Reliance Industries Ltd (RIL) has acquired an additional 10 per cent equity stake in Nauyaan Shipyard Pvt Ltd (NSPL)
AstraZeneca acquires EsoBiotec in $1 bn deal
18 Mar 2025
British-Swedish multinational pharmaceutical and biotechnology company AstraZenica on Monday announced the acquisition of biotechnology company EsoBiotech in a $1 billion transaction
Blackstone to acquire up to 40% stake in Kolte Patil Developers
17 Mar 2025
US investment firm Blackstone is acquiring a 14.3 per cent stake in Kolte Patil Developers by way of a preferential allotment of shares
ABB to invest $120 million to expand US manufacturing
15 Mar 2025
ABB is planning additional investments in key growth areas, including manufacturing and data centres, in the United States, helping to create new jobs.
Sun Pharma to acquire oncology therapy company Checkpoint in US
11 Mar 2025
Sun Pharmaceutical Industries Ltd has entered into an agreement to acquire US-based immunotherapy and targeted oncology company, Checkpoint Therapeutics Inc
ADNOC and OMV to merge polyolefin businesses to create $60 billion giant
06 Mar 2025
State-owned Abu Dhabi National Oil Company (ADNOC) and Austria's OMV will merge their polyolefin businesses to create a $60 billion chemicals powerhouse, called Borouge.
Tata Play, Airtel to merge DTH operations in an all-stock deal: report
27 Feb 2025
Direct-to-home digital broadcasting businesses Tata Play and Airtel Digital TV are planning to merge amidst continued loss of business to free-to-air channels like DD
Sinopec signs $850 million exploration deal with Algeria's Sonatrach
27 Feb 2025
China Petroleum and Chemical Corporation (Sinopec), the state-run exploration and refining giant, has signed an $850 million contract with Algerian oil company Sonatrach
Saudi Aramco to acquire 25% stake in Philippines’ Unioil
21 Feb 2025
Saudi Arabia’s Aramco, one of the world’s leading integrated energy and chemicals companies, is acquiring a 25 per cent interest in Unioil Petroleum Philippines, the largest oil marketing company in the Philippines.
Japanese PM Ishiba, Trump concur on keeping US Steel American
09 Feb 2025
Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have agreed that US Steel Corporation will remain American
Renault looks to Foxconn, other tech groups to offload Nissan stake
08 Feb 2025
French carmaker Renault is reported to be in talks with Taiwan’s Foxconn to sell its stake in Nissan as part of a wider search for a buyer
Nissan says merger talks with Honda on, rejects reports of pullout
06 Feb 2025
Japanese automaker Nissan on Wednesday said it is continuing to hold “various discussions” with larger peer Honda, rejecting reports that the company
Nippon Steel and US Steel move court against President Biden’s order blocking deal
04 Feb 2025
Nippon Steel Corporation along with its wholly owned subsidiary Nippon Steel North America, Inc, and United States Steel Corporation
Hewlett Packard, Juniper defend $14bn deal as US justice department moves to block transaction
02 Feb 2025
Hewlett Packard Enterprise and Juniper Networks have come out strongly against the US Department of Justice’s move to block HPE’s $14 billion deal
UltraTech Cement in talks to acquire Heidelberg Cements India Ltd
28 Jan 2025
Aditya Birla Group company UltraTech Cement, the country’s biggest cement manufacturer, is reported to be in talks to acquire Heidelberg Cement India Ltd
ABB acquiring Dutch energy management company Sensorfact
22 Jan 2025
Electrical and instrumentation technology leader ABB is acquiring Dutch energy management company, Sensorfact BV
Perplexity AI seeks to merge with TikTok US: report
20 Jan 2025
The AI-assisted search engine startup, Perplexity AI, wants to merge with the short-video social media platform, TikTok, in the United States, where that company is facing certain ban
India, Nepal to jointly develop 900 MW Upper Karnali hydro power project in Nepal
17 Jan 2025
India and Nepal will jointly develop the 900 MW Upper Karnali hydro-electric project over River Karnali, the largest hydro-electric power project in Nepal.
Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal
By Axel Miller | 13 Jan 2025
The Biden administration has delayed enforcing its order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel until June
GSK to acquire biotech company IDRx for up to $1.15 billion
By Cygnus | 13 Jan 2025
British pharmaceutical titan GSK has announced its intention to acquire the Boston-based biotech innovator IDRx for up to $1.15 billion.
Berger, JSW look to acquire Akzo Nobel’s decorative paints business in India
11 Jan 2025
Berger Paints and JSW Paints are looking at acquiring Akzo Nobel, the maker of Dulux paints, as the Dutch multinational has started a review if its decorative pains business in South Asia.
CCI approves Tata Electronic’s proposal to acquire Pegatron India
08 Jan 2025
Competition Commission of India (CCI) has approved the proposed acquisition of majority shareholding of Pegatron Technology India Pvt Ltd by Tata Electronics Pvt Ltd
RBI lets HDFC Bank buy up to 9.5% each in AU SFB. Kotak Mahindra and Capital Small Finance Bank
05 Jan 2025
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5 per cent stake in AU Small Finance Bank, Kotak Mahindra Bank and Capital Small Finance Bank.
President Joe Biden blocks Nippon Steel’s acquisition of US Steel
04 Jan 2025
US President Joe Biden has blocked Japanese steel major Nippon Steel’s proposed acquisition of US Steel by invoking provisions of the defence production and national security Acts.