M&A
The story behind Rio's $1.35-billion Saimandou deal with Chinalco
By By Ravi Kunder | 19 Mar 2010
Rio Tinto gives away a 47-per cent stake in the world's third-largest iron-ore mining project to Chinese state-owned aluminium giant, Chinalco, for just $1.35 billion. writes Ravi Kunder reports
Teva to acquire Germany's Ratiopharm for $5 billion
18 Mar 2010
The acquisition will position Teva as the leading generic pharmaceutical company in Europe
Citigroup raises stake in Chilean bank to 50 per cent
17 Mar 2010
Last week, Citigroup's CEO Vikram Pandit Pandit told an investor conference in New York that Citigroup was back on the path to success after losing billions of dollars during the past two years
Infotech eyeing more buys on investor pressure
15 Mar 2010
HCC to acquire majority stake in Swiss construction firm Karl Steiner
15 Mar 2010
HCC will acquire Switzerland’s leading general contracting company and total services contractor in an all-cash deal valued at 35 million Swiss Francs
Vedanta mulls spinning off aluminium division
15 Mar 2010
The new business, which could be spun off as early as this summer, is expected to be the first of a series of up to six divisions spun out of Vedanta over the next few years