M&A
Anglo American to sell non-core assets worth $7 billion
26 Oct 2009
One of the world’s major diversified mining entities, plans to sell its non-core assets in order to focus on its core mining portfolio and streamline the group’s management structure
GM delays Opel sale to Magna till 3 November
24 Oct 2009
Renault-Nissan likely to dump M&M as partner
22 Oct 2009
Renault-Nissan and the Mahindra & Mahindra partnership may be heading for the rocks, say Renault-Nissan president and chief executive Carlos Ghosn
Korea National Oil acquires Canada's Harvest Energy for $3.95 billion
22 Oct 2009
South Korea's state-run oil and gas company Korea National Oil Corp (KNOC) has bought the Canadian energy company Harvest Energy Trust for $3.95 billion
Bank of America to sell First Republic Bank for $1 billion
22 Oct 2009
In an effort to raise capital through asset sale, BankAm is divesting for an undisclosed sum First Republic, which it acquired in January this year through its acquisition of Merrill Lynch
Tata Motors buys out Spanish coach maker Hispano Carrocera
20 Oct 2009
Hispano Carrocera is an established and reputed bus and coach manufacturer in Spain enjoying excellent reputation for developing high quality vehicles.
Swiss HR firm Adecco acquires MPS Group for $1.3 billion
20 Oct 2009
Switzerland’s Adecco S.A, the world’s largest HR solutions company is acquiring US rival MPS Group, for $1.3 billion in cash
Morgan Stanley sells asset management unit to Invesco for $1.5 billion
20 Oct 2009
Atlanta-based Invesco is one of the largest independent global investment managers providing investment solutions for retail, institutional and private wealth management clients around the world
Sprint Nextel’s acquisition of iPCS to end row over iDEN
20 Oct 2009
Ending a legal battle, Sprint Nextel Corp. will acquire its last major independent affiliate iPCS Inc. for approximately $831 million