M&A
General Capital to sell most of fleet management ops to Canada's Element Financial for $6.98 bn
29 Jun 2015
Novartis to buy chronic pain drug developer Spinifex Pharmaceuticals
29 Jun 2015
Founded in 2005 and based in Stamford, Connecticut, USA, and Melbourne, Australia, Spinifex’ lead product is EMA401, under development as a potential first-in-class oral treatment for chronic pain without CNS side effects
Rio Tinto exits Zimbabwe selling off diamond and coal assets
29 Jun 2015
Anglo-Australian mining giant Rio Tinto Plc has sold its entire stake in Zimbabwe diamond and coal mines to local mining groups, to focus on its core diamond operations elsewhere
EBay-PayPal to break up in July
27 Jun 2015
US online giant EBay's board has approved the planned spinoff of its PayPal payments unit, which would trade as an independent company from 20 July
Bouygues rebuffs Altice’s $11.3-bn takeover bid
24 Jun 2015
By combining the country’s second-biggest mobile operator Numericable-SFR and the third-biggest Bouygues Telecom, Altice was planning to derail Orange’s position as France’s biggest mobile operator, with a customer base of over 33 million
3M to acquire Capital Safety for $2.5 bn
24 Jun 2015
US diversified products giant 3M Co is buying Capital Safety, a global leader in fall protection equipment, from private equity firm KKR & Co for approximately $2.5 million including assumption of $700 million debt
Altice to acquire Bouygues Telecom for $11.3 bn
23 Jun 2015
Aiming to oust Orange as France’s biggest mobile operator, European telecom major Altice SA has made an offer to buy French rival Bouygues Telecom for approximately €10 billion
Cigna rejects Anthem’s $47-bn bid over price, antitrust concerns
22 Jun 2015
Anthem, the largest managed healthcare company, had, on Saturday, offered to buy the smaller health insurer in what would be the biggest takeover ever in a US health insurance sector
Micromax makes undisclosed investment in ixigo
22 Jun 2015
Canada’s Borealis may bid $8 bn for British utility Severn Trent: report
22 Jun 2015
Toronto-headquartered Borealis, a $70-billion global infrastructure investor is planning to table a £5-billion ($8 billion) bid to acquire British water utility Severn Trent
Fidelity offers to buyout Colt for £569 mn
20 Jun 2015
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation