M&A
UK government to sell 6% stake in Lloyds Banking Group
17 Sep 2013
The British government yesterday said that it will sell about 6 per cent of part-nationalised Lloyds Banking Group, worth about £3.3 billion ($5.3 billion) via an institutional investor placement
Apollo Tyres' $2.5-bn acquisition of Cooper Tire hits union hurdle
16 Sep 2013
An arbitrator has ruled that Cooper cannot sell two plants in the US to Apollo unless the Indian company first reaches an agreement with the workers of those plants
Lockheed Martin acquires British IT Amor Group
13 Sep 2013
Dell shareholders approve Michael Dell's $25-bn offer
13 Sep 2013
Dell Shareholders today approved Michael Dell's offer to take the company private for $25 billion, ending six months of bitter opposition from billionaire activist investor Carl Icahn
Time Inc acquires American Express Publishing Corp
12 Sep 2013
New York-based AmEx has been compelled to sell its magazines unit since US banking regulations bar financial firms from undertaking non-financial activities
UltraTech to buy 51% in Jaypee Cement unit for Rs4,000 crore
11 Sep 2013
The Aditya Birla Group firm will acquire a 51-per cent stake in Jaypee Cement’s 5 million tonne per annum Gujarat facility
Cisco enters data storage business with Whiptail acquisition
11 Sep 2013
With this acquisition, though Cisco will enter the $50-billion enterprise storage industry, the deal could affect its existing partnerships EMC and NetApp, both of whom make storage systems-based on flash memory chips
Canada sells part stake in GM for $1.1 bn
11 Sep 2013
IBM to sell its customer-care outsourcing business to Synnex for $505 mn
11 Sep 2013
IBM is selling its customer-care outsourcing business to Synnex Corp for $430 million in cash and $75 million in stock, giving IBM a stake in the California-based acquirer
Latest articles
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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
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