M&A
GM says ‘No’ to Magna; decides to keep Opel
04 Nov 2009
Citing an improving business environment, the board of GM votes to anull selling a majority stake in its German unit to the Magna - Sberbak combine
Dubai’s ENOC to acquire Dragon Oil for $1.9 billion
04 Nov 2009
Dubai seeks to bolster future energy resources by acquiring full control over Dragon Oil Plc, to expand its exploration and production in oil rich Turkmenistan
KPIT Cummins buys out American IT firm Sparta
30 Oct 2009
PNB to buy majority stake in Kazakh’s Dana Bank
30 Oct 2009
India’s second-largest public sector lender, has received approval from its board of directors to acquire a majority stake of about 63 per cent in Kazakhstan-based Dana Bank
M&M launches four-wheeled goods carrier Gio news
29 Oct 2009
Mahindra & Mahindra has launched a 0.5 tonne four-wheeler pick-up cargo carrier -- Gio priced at Rs 1.65 lakh, which the company says is the cheapest mini truck in the country.
ConocoPhillips plans to sell $10-billion in assets
29 Oct 2009
ConocoPhillips plans to sell assets worth approximately $10 billion during the next two years to strengthen its financial position and reduce its debt-to-capital ratio
Cisco to acquire ScanSafe for $183 million
28 Oct 2009
Dassault Systemes to acquire IBM’s PLM sales operation for $600 million
27 Oct 2009
The maker of 3D software for designing automobiles and aircrafts among other high tech products is making its biggest acquisition to date by acquiring IBM’s sales and client support operations for $600 million in cash
Dassault Systemes to acquire IBM’s PLM sales operation for $600 million
27 Oct 2009
The maker of 3D software for designing automobiles and aircrafts among other high tech products is making its biggest acquisition to date by acquiring IBM’s sales and client support operations for $600 million in cash
Dassault Systemes to acquire IBM’s PLM sales operation for $600 million
27 Oct 2009
The maker of 3D software for designing automobiles and aircrafts among other high tech products is making its biggest acquisition to date by acquiring IBM’s sales and client support operations for $600 million in cash
Barclays acquires Standard Life Bank for £226 million
27 Oct 2009
Barclays and Standard Life have also agreed to explore joint opportunities in the UK retail long-term savings and investments sector, starting with a multi-channel, simplified pension product