M&A

Fiat acquires remaining stake in Chrysler in $4.35 bn deal

02 Jan 2014

Sales of Fiat-Chrysler brands such as Alfa Romeo, Lancia, Abarth, Jeep, Dodge and Ram are now booming and it was Chrysler`s profits that have been keeping Fiat in good health amidst a deep downturn in Europe

UPL announces cash buyback of Rs308 cr worth of shares

31 Dec 2013

Mondelez to sell controlling stake in SnackWell's to Brynwood Partners

31 Dec 2013

Berkshire Hathaway to acquire flow improver business from Phillips 66 for $1.4 bn

31 Dec 2013

ONGC, Shell acquire Petrobras' stake in Brazilian offshore oil block for $1.64 bn

31 Dec 2013

OVL, the overseas arm of state-run explorer Oil and Natural Gas Corp (ONGC) and Royal Dutch Shell yesterday acquired the remaining 35 per cent of a Brazilian offshore oil block, not already owned by them, for $1.64 billion, from Petroleo Brasileiro SA (Petrobras)

Blackstone to pump $200 mn into Crocs

30 Dec 2013

Cooper Tire terminates merger agreement with Apollo Tyres

30 Dec 2013

US tyre maker Cooper Tire & Rubber Company today announced the termination of its $2.5-billion merger agreement with India’s Apollo Tyres

FIPB clears Tesco’s $110-mn investment in multi-brand retail JV with Tatas

30 Dec 2013

Tesco, the world’s third-largest retailer, has tied up with Tata Group company Trent Hypermarkets Ltd to become the first multi-brand retail chain to enter India

Carlsberg to buy eight breweries from China’s Chongqing Beer

30 Dec 2013

Asia has become the main battleground for the world's largest brewers, which need the growing middle classes in emerging markets to compensate for sluggish sales in Europe and the US

RWE AG to sell heat business of Dutch unit Essent to PGGM and Dalkia

28 Dec 2013

Rosneft to focus on integrating Morgan Stanley’s oil trading unit

28 Dec 2013

Textron to acquire Beechcraft for $1.4 bn

28 Dec 2013

India’s Mahindra & Mahindra and Brazil’s Embraer had also shown interest in Beechcraft, after the deal to sell the company to China’s Superior Aviation Beijing Ltd for $1.79 billion collapsed

CCI okays sale of United Spirits’ Chennai unit to Enrica

28 Dec 2013

Telenor’s hike in Telewings stake to 74% is finalised

27 Dec 2013

Norway-based telecom services company Telenor today announced that it has raised its stake in its Indian arm Telewings Communications to 74 per cent with an investment of about Rs1,000 crore