M&A
RIL adopts wait-and-watch policy on LyondellBassel bid
15 Dec 2009
Reliance Industries may decide today on submitting a bid for the bankrupt American arm of Luxembourg-based petrochemicals company LyondellBasell
ExxonMobil to acquire XTO Energy for $41 billion
15 Dec 2009
ExxonMobil is acquiring XTO Energy Inc, the largest independent gas producer from shale fields in the US, in an all-stock transaction valued at $41 billion.
GM sells parts of Saab to Beijing Automotive
14 Dec 2009
Terra Firma sues Citigroup on EMI acquisition
14 Dec 2009
Dragon Oil shareholders reject ENOC’s $1.9 billion buy-out bid
14 Dec 2009
Some analysts believe that Dubai authorities may be under pressure to sell assets including ENOC’s stake in Dragon Oil, to overcome the debt crisis
P&G to acquire air freshner brand Ambi Pur
12 Dec 2009
Pluribus acquires eight brands from Nielsen
12 Dec 2009
ONGC to raise $1 billion to refinance Imperial Energy deal
11 Dec 2009
ONGC plans to raise $200 million through foreign currency loans and $800 million through bonds and commercial paper
Panasonic acquires majority stake in Sanyo for $4.6 billion
10 Dec 2009
The merger between Panasonic and Sanyo create the world's second largest electronics manufacturer after Hitachi Ltd.
First Quantum acquires BHP's Australian nickel mine for $340 million
10 Dec 2009
With nickel prices having dropped to a historic low, BHP has been forced to divest its nickel operations inWestern Australia, within a year of its comencement