M&A
Ex Xstrata chief Mick Davis keen to bid for Anglo American’s Chilean copper mines
10 Nov 2014
Mick Davis, who transformed Xstrata into a mining giant through aggressive acquisitions, launched mining company X2 earlier this year after he left Xstrata following its acquisition by Glencore last year
AT&T to buy Mexico's third-largest wireless operator Iusacell for $2.5 bn
08 Nov 2014
The acquisition comes a few months after AT&T was forced to sell its 10-per cent stake in America Movil to Mexican billionaire Carlos Slim Helu for $5.6 billion in order to avoid anti-trust issues over its $48.5 billion purchase of DirecTV
Canary Wharf majority owner Songbird rejects QIA - Brookfield’s £2.18 bn bid
07 Nov 2014
Songbird Estates Plc, majority owner of London’s prestigious Canary Wharf estate, today rejected a proposed takeover bid by Qatar Investment Authority and Brookfield Property Partners for undervaluing the company
Qatar Investment Authority seeks control of Canary Wharf owner Songbird Estates
07 Nov 2014
The Qatar Investment Authority is already one of London’s biggest landmark property owners, holding stakes in London’s tallest building The Shard, Chelsea Barracks, luxury department store Harrods earlier owned by Mohamed al-Fayed, and the Olympic Village in Stratford East London
Botox maker Allergan in talks with new suitor
07 Nov 2014
Allergan did not name the proposed new suitor, which some media reports speculated might be Actavis Inc
Perrigo Co to buy Belgian pharmaceutical firm Omega Pharma for $4.5 bn
06 Nov 2014
US private-label over the counter medicines maker Perrigo today struck a deal to buy Belgian pharmaceutical company Omega in a bid to expand in Europe
ONGC eyes stake in Tullow Oil's African assets
06 Nov 2014
A successful deal, if it finally materialises, would come four years after ONGC lost out to CNOOC, China's third-largest oil company, in acquiring a 50-per cent interest in Tullow Oil’s oil fields in Uganda
Carlyle Group to buy financial data firm Dealogic for $700 mn
06 Nov 2014
PE firm Carlyle, along with Euromoney Institutional Investor, Randall Winn, the co-founder and former CEO of the data provider Capital IQ is buying Dealogic from its managers and founders, who will also invest equity in the deal
French government approves $15.6 bn GE-Alstom power business deal
05 Nov 2014
The French government would, however, take around 20 per cent Alstom stake from shareholder French conglomerate Bouygues SA after the closing of the GE-Alstom deal
Airtel dumps Rs700 crore Loop Mobile deal as DoT sits on proposal
05 Nov 2014
Under the deal, signed in February, Loop Mobile’s three million subscribers in Mumbai were supposed to join Airtel’s over four million subscribers, making it largest network in Mumbai
RIL, partner Pioneer pursuing exit from US shale gas JV
05 Nov 2014
Pioneer said it planned to close the sale of 5.75 million shares of its common stock on or about 10 November 2014, ahead of Reliance selling its stake in the JV
AstraZeneca strikes three oncology deals
04 Nov 2014
British pharmaceutical company AstraZeneca today struck three deals to strengthen its oncology business
US medical testing firm LabCorp to buy Covance for $6.1 bn
04 Nov 2014
The acquisition will provide LabCorp with immediate scale and a comprehensive platform in the $141-billion biopharmaceutical research and development market
Bharti SoftBank acquires stake in ScoopWhoop
03 Nov 2014
Latest articles
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
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