M&A
Mukesh Ambani acquires RCom’s wireless assets to bail out brother Anil
29 Dec 2017
Reliance Jio will acquire 122.4 MHz of 4G spectrum in the 800/900/1800/2100 MHz bands, over 43,000 towers, 1,78,000 kilometres of fibre and 248 media convergence nodes in the deal
DLF completes Rs9,000-cr stake sale in rental arm to GIC
27 Dec 2017
With the closure of the deal, DLF promoters have received Rs8,950 crore from GIC and another Rs1,600 crore from the rental arm, DLF Cyber City Developers Ltd
Anil Ambani announces new debt resolution plan for RCom
27 Dec 2017
Without any loan write-off, under the new strategic debt resolution plan, RCom will be repaying up to Rs17,000 crore loans out of proceeds from monetisation of spectrum, tower and fibre assets
Reliance Infra to sell its Mumbai power assets to Adani for $2.93 bn
21 Dec 2017
The transaction marks Adani Group’s entry into the power distribution sector in Mumbai and an increase in the group’s footprint in the power transmission
Germany's Delivery Hero sells Foodpanda to Ola
20 Dec 2017
The deal involves the transfer of Foodpanda's India business to Ola in exchange for Ola shares, with Ola committing to invest $200 million in the new business
Oracle to buy Australian cloud-based software developer Aconex for $1.2 bn
18 Dec 2017
Melbourne-based Aconex is a cloud-based solution that manages team collaboration for construction projects and digitally connects owners, builders and other teams, providing management of data, documents and costs across all stages of a construction project lifecycle
Walt Disney to acquire 21st Century Fox for $52 bn
14 Dec 2017
The deal marks an expansion of Walt Disney’s global reach while bringing to a close more than half a century of expansion by Murdoch, who turned a single Australian newspaper he inherited from his father into one of the world’s largest news and film conglomerates
Thyssenkrupp to cement Tata Steel deal with offer to workers
11 Dec 2017
Thyssenkrupp and Tata Steel had in September agreed to merge their European steel operations, creating Europe’s second largest steelmaker