M&A

Amazon set to acquire 9.5% stake in Future Retail for Rs2,000 cr

28 Nov 2018

While the initial investment will be in the form of portfolio investment, a deal could include Amazon buying out Biyani and promoter group’s entire holding in the future, subject to applicable regulations in India, say reports

Etihad in talks to hike stake in loss-hit Jet Airways

22 Nov 2018

Jet Airways looking at various sources to raise finances: CEO

21 Nov 2018

Flipkart is now 81.3% Walmart

21 Nov 2018

The move, amidst a controversial exit of co-founder Binny Bansal and an expected rise in annual earnings of Flipkart, leaves the remaining shareholders with a mere 18.639 per cent stake

GAIL, Getco seek rejection of ArcelorMittal’s Essar Steel bid

20 Nov 2018

Essar Steel Asia Holding Ltd, the promoter of Essar Steel, had proposed to pay Rs54,389 crore that would cover all dues of the financial and operational creditors

SC dismisses Dalmia Bharat appeal on NCLAT’s UltraTech order

19 Nov 2018

NCLAT approves UltraTech’s revised Rs7,900-cr bid for Binani Cement

15 Nov 2018

Tatas scanning Jet Air books for potential acquisition: report

13 Nov 2018

While Tatas have the necessary resources and Jet Airways needs immediate cash injection to pay much delayed salaries to employees and payments to aircraft leasing companies, there is no certainty of a deal

SAP to acquire market tracker Qualtrics for $8 billion

12 Nov 2018

Australia blocks Chinese group’s bid to acquire energy infra major

09 Nov 2018

European Commission raises objections to Siemens-Alstom rail merger

01 Nov 2018

BASF may sell construction chemicals unit to boost revenues: report

01 Nov 2018

Tata Steel, Thyssenkrupp joint venture faces deeper EU probe

31 Oct 2018

The European Commission is reported to have stated that its initial probe “raised several issues,” especially relating to combining the companies’ offer of certain specialty flat carbon steel and electrical steel products

ArcelorMittal wins bankrupt Essar Steel despite Ruias’ last ditch effort

26 Oct 2018

Once all regulatory processes are completed, ArcelorMittal, the world’s top steel maker, will jointly own and operate ESIL in partnership with Nippon Steel and Sumitomo Metal Corporation, Japan’s largest steel producer and the third largest steel producer in the world

ArcelorMittal closer to acquiring Essar Steel with Rs43,000-cr offer

22 Oct 2018

Novartis to acquire US cancer drugs maker Endocyte for $2.1 billion

19 Oct 2018

Tata Group eyes controlling stake in Jet Airways

19 Oct 2018

The diversified Tata Group, which owns majority stakes in two airline joint ventures - Vistara and AirAsia India - is now looking to expand its presence in the aviation sector