M&A
ValueAct acquires $1.9-bn stake in Microsoft
23 Apr 2013
Microsoft Corp, the largest software maker in the world, was up the most in a year after activist investor ValueAct Holdings' acquisition of a $1.9-billion stake in it
ENRC co-founder plans $6-bn bid for Kazakh miner
22 Apr 2013
The UK Takeover Panel has stepped in and given the Machkevitch consortium until 17 May to either announce an intention to bid or pull out
Carlyle acquires majority stake in UK minicab firm Addison Lee for $459 mn
20 Apr 2013
Founded in 1975 by cab driver John Griffin and investor Lenny Foster with one car Addison Lee has grown to a fleet of over 4,500 vehicles
PE firms in talks to acquire stake in Reliance Globalcom
20 Apr 2013
A consortium of private equity firms, led by Samena Capital, is in advanced stages of negotiations to acquire a majority stake in Reliance Globalcom
Barrick Gold to sell three Australian mines
19 Apr 2013
Lenovo in talks to buy IBM’s x86 business
19 Apr 2013
IBM’s server business has been underperforming, but still managed to generate $9.7 billion in the fourth quarter last year
Blackstone backs out from pursuing Dell bid
19 Apr 2013
Carl Icahn agrees to limit Dell stake to under 10%
17 Apr 2013
Billionaire investor Carl Icahn yesterday agreed to Dell's condition not to raise his stake in the PC maker to over 10 per cent, while scouting for an alternative to Michael Dell's $24.4-billion privatisation bid
$76-bn Glencore-Xstrata merger wins Chinese conditional approval
17 Apr 2013
The Chinese regulators were concerned on the merged entity's hold on global copper resources as both companies currently account for around 7 per cent of worldwide copper supply
Dish Network launches $25.5-bn bid for Sprint Nextel
16 Apr 2013
US satellite-TV provider Dish Network yesterday launched a $25.5-billion unsolicited bid for Sprint Nextel, beating an agreed $20.1 billion offer from Japan's third-biggest telco, SoftBank
Kazakhstan may edge out ONGC to hand over Kashagan oilfield to China
By By Ravi Kunder | 16 Apr 2013
Kazakhstan could edge out ONGC from its largest foreign acquisition — ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield — only to sell it to a Chinese state-owned giant, reports Ravi Kunder
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