M&A
Human Genome Sciences agrees to GSK's revised $3-bn offer
17 Jul 2012
US biopharmaceutical company Human Genome Sciences yesterday agreed to be acquired by GlaxoSmithKline Plc (GSK) for a sweetened $3 billion
Thermo Fisher to acquire One Lambda for $925 mn
16 Jul 2012
GSK to close Human Genome Sciences acquisition with $2.8-bn revised offer: report
16 Jul 2012
GlaxoSmithKline is close to acquiring Human Genome Sciences for about $2.8 billion, two months after it went hostile with its $2.59-billion bid for the US biopharmaceutical firm
Tinkler's consortium launches $5.3-bn bid for Australia's Whitehaven Coal
14 Jul 2012
Tinkler, Whitehaven’s largest shareholder with a 21.4 per cent stake, is offering to pay $5.20 a share, a premium of 50 per cent to the miner's yesterday closing price
Bain Capital, Singapore’s GIC plan joint bid for Genpact stake: report
13 Jul 2012
The two are reported to be in talks to jointly bid for a 41 per cent stake in the IT outsourcing company, for $1.5 billion to $2 billion
Australia’s Telstra sells NZ subsidiary to Vodafone for A$660 million
13 Jul 2012
The sale is expected to boost Telstra’s war chest of free cash flow to up to $3 billion in the next three years
Australia’s Telstra sells NZ subsidiary to Vodafone for A$660 million
13 Jul 2012
The sale is expected to boost Telstra’s war chest of free cash flow to up to $3 billion in the next three years
Australia’s Telstra sells NZ subsidiary to Vodafone for A$660 million
13 Jul 2012
The sale is expected to boost Telstra’s war chest of free cash flow to up to $3 billion in the next three years
Japan’s advertising giant Dentsu to buy British rival Aegis for $5 billion
12 Jul 2012
The deal is the largest ever in global advertising business, after WPP’s $4-bn purchase of Young & Rubicam in 2000 and Publicis’s $3-bn acquisition of Bcom3 Inc in 2002
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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