M&A
Banana suppliers Chiquita and Fyffes to merge in $1.07 bn deal
11 Mar 2014
The new company, to be called ChiquitaFyffes, would hold 14 per cent of the $7-billion global banana market, and have annual revenue of $4.6 billion.
German construction giant Hochtief to raise stake in Australia’s Leighton
10 Mar 2014
Sydney-based Leighton Holdings is the parent company of the Leighton Group, one of the world's leading construction contractors and the world's largest contract miner
Unilever makes decade's biggest investment in Chinese water purifier maker Qinyuan
10 Mar 2014
Unilever, whose brands include Dove, Sunsilk, Axe and Lipton, said that its Pureit purifiers and Qinyuan’s product range offer different and complementary performance and price points and will enable the combined business to offer a complete range of products
IOC to buy 10% in Petronas’s Canadian shale-gas assets, LNG project for $900 mn
08 Mar 2014
Under the deal, IOC will get 1.2 million tonnes of LNG per annum, or 10 per cent of the Pacific Northwest LNG project's production, for a minimum period of 20 years
Gates, Nadella opposed Nokia acquisition: report
07 Mar 2014
Cinven eyes $2.5 bn from sale of UK hospital chain Spire Healthcare
07 Mar 2014
Spire is a leading provider of private healthcare, with 37 private hospitals throughout the UK employing over 7,600 people and treating over 9 million patients annually
Yahoo acquires Vizify social media visualiser
06 Mar 2014
Facebook aims at internet through UAVs; eyes solar drone maker Titan
05 Mar 2014
Facebook is trying to be one-up on Google’s Project Loon, which hopes to deliver internet connectivity to remote areas via solar-powered helium balloons
Will sell assets to raise money, Sahara chief Roy assures SC
04 Mar 2014
Sahara chief Subrata Roy said that Sahara will sell its assets to pay up to Rs22,500 crore to SEBI, and the sale of properties could start from Wednesday
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