M&A
UTC to sell Pratt & Whitney’s power systems unit to Mitsubishi Heavy Industries
13 Dec 2012
The sale is part of United Technologies' plan to divest non-core assets and focus on aerospace and building solutions, following its $18.4 billion acquisition of Goodrich Corp earlier this year
BT exits Tech Mahindra
12 Dec 2012
BT, which set up Tech Mahindra as a joint venture with M&M and was its second largest shareholder, has been gradually paring its stake in the Indian firm
Delta buys Singapore Airlines' 49 % stake in Virgin Atlantic
12 Dec 2012
Virgin Group and Sir Richard Branson will continue to hold a majority 51 per cent stake in Virgin Atlantic, while Delta will get three seats on Virgin Atlantic’s board.
Roman Abramovich buys Norilsk Nickel stake for $1.49 bn to end battle between two oligarchs
11 Dec 2012
Honeywell to buy Intermec for $600 million
11 Dec 2012
Amgen to buy Decode Genetics for $415 million
11 Dec 2012
Wanxiang Group gets control of bankrupt US lithium battery maker A123 Systems in $256-mn deal
10 Dec 2012
Chinese consortium to buy 80 % of AIG’s aircraft leasing unit ILFC for $4.23 bn
10 Dec 2012
Under the deal that has to be passed by the US regulators, a Chinese consortium led by New China Trust Co Ltd will buy 80.1 per cent of AIG's International Lease Finance Corp, for $4.23 billion, valuing it at $5.28 billion.
After United Spirits, Diageo eyes US bourbon maker Beam: report
10 Dec 2012
Formed through the1997 merger of Guinness and Grand Metropolitan, Diageo is the world's leading distiller of premium drinks with an outstanding collection brands across spirits, beers and wines
Wipro to acquire Singapore’s LD Waxson Group for Rs790 crore
08 Dec 2012
The acquisition will expand Wipro's portfolio of facial skincare products and extend its reach to markets like Singapore, Malaysia, Thailand and China
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