M&A
Aegis acquires South African BPO group CCN
10 Jul 2009
Aegis Limited, the BPO arm of the Essar Group, has acquired a 100-per cent equity stake in South Africa contact center outsourcing company CCN Group (Pty) Ltd
EMC wins $2.1-billion bidding war for Data Domain
09 Jul 2009
Information infrastructure technology giant EMC beat rival NetApp yesterday to acquire Data Doamain for $2.1 billion in the month-long bidding war
NRG Energy rejects Exelon’s sweetened $7.45 billion hostile bid
08 Jul 2009
NRG Energy has rejected Exelon Corporation’s $7.45-billion hostile takeover offer saying that though the revised offer "step in the right direction", it still undervalues the company
Public offer not mandatory in Bharti-MTN deal: SEBI
08 Jul 2009
SEBI says that South African telecom service provider MTN and its shareholders can buy 36 per cent in Bharti via GDRs without making a mandatory open offer
Essar Steel close to acquiring Ajmera’s steel unit for Rs700 crore
08 Jul 2009
In a strategic move to become the largest manufacturer of cold-rolled steel in the country, Essar Steel Ltd is planning to acquire a majority stake in the Ajmera Group's Shree Precoated Steels for Rs.700 crore
Satyam to issue fresh shares to Tech Mahindra
07 Jul 2009
EMC escalates bidding war for Data Domain with $2.1-billion offer
07 Jul 2009
The bidding war for Data Domain between EMC and NettApp escalated yesterday after EMC once again raised its all-cash offer from $1.8 billion to $2.1 billion
ONGC in race for stake in Repsol -YPF's Argentinean arm
07 Jul 2009
Boosted by its successful acquisition of Imperial Energy in December 2008, ONGC now trains its sights on the Argentine unit of Spanish oil major Repsol-YPF