M&A
Bharti closer to $20-billion MTN deal as major shareholder Mikati expresses confidence
10 May 2008
Former Lebanese prime minister Najib Mikati's London-based MI Group, a major shareholder in MTN, is reported to have expressed confidenc in Sunil Mittal's proposed acquisition of the African and Middle East telecom operator MTN.
GlaxoSmithKline acquires Sirtris Pharmaceuticals
24 Apr 2008
Dabur Pharma to sell majority stake to Singapore-based Fresenius Kabi Pte Ltd
19 Apr 2008
In a surprising development contrary to their recent stated stance on foreign collaboration, the promoters of home-grown anti-cancer drug maker Dabur Pharma have announced plans to sell a majority stake in the company to a Songapore-based firm.