M&A
InterContinental Hotels rejects £6-bn deal
26 May 2014
The report of a possible acquisition by a mystery US buyer had led to fears that the UK’s biggest hotel company could be next on the list of targets of US firms seeking a tax inversion deal
SpiceJet in talks with investors to raise over Rs1,500 crore
26 May 2014
Low-cost carrier SpiceJet is in talks with investors to raise funds after it reported losses of over Rs1,000 crore in the previous fiscal ended 31 March 2014
RCom closes up on Citic Telecom deal report
23 May 2014
BSE board decides to wholly take over struggling exchange USE
23 May 2014
This move will help the BSE's own stressed currency trading business, currently dominated by its rival the National Stock Exchange (NSE)
Vivendi to sell 5.8% stake in Activision Blizzard for $866 mn
22 May 2014
French mass media company Vivendi SA today said that it will sell around half of its remaining stake in US video game publisher Activision Blizzard, as part of its plan of transforming itself into a pure-play media company
Flipkart, Myntra finalise biggest merger in India’s e-retail sector
22 May 2014
In the biggest M&A deal seen in the Indian e-commerce space, leading e-retailer Flipkart has completed its acquisition of online fashion and lifestyle products retailer Myntra in a deal estimated by the market to be worth up to Rs2,000 crore
Unilever to sell Ragu, Bertolli pasta brands to Japan’s Mizkan for $2.15 bn
22 May 2014
Unilever Plc today struck a deal to sell its North America pasta sauces business under the Ragu and Bertolli brands to Japan’s Mizkan Group
SC blasts manner of stalling Sun-Ranbaxy merger
21 May 2014
Sun Pharma denied the charge but said the share purchase by Silver Street, a limited-liability partnership firm owned by two subsidiaries of Sun Pharma, was being annulled
Australia's Treasury Wine rejects $2.90-bn KKR bid
20 May 2014
Treasury Wine, which has a market cap of A$2.5 billion, was spun off by Foster's Group in 2011 after a decade-long expansion into wines in Australia and the US
Google eyeing video streaming service, Twitch
20 May 2014
Tata Communications to sell SA arm Neotel to Vodacom for $676 mn
19 May 2014
Neotel, South Africa’s second-biggest fixed-line phone operator, is 68.5 per cent owned by Tata Comm
Tata Communications to sell SA arm Neotel to Vodacom for $676 mn
19 May 2014
Neotel, South Africa’s second-biggest fixed-line phone operator, is 68.5 per cent owned by Tata Comm
Tata Communications to sell SA arm Neotel to Vodacom for $676 mn
19 May 2014
Neotel, South Africa’s second-biggest fixed-line phone operator, is 68.5 per cent owned by Tata Comm
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