M&A

16 Apr 2018

Since lenders cannot accept the revised offer of Rs7,990 crore, although it is Rs1,290 crore more than Dalmia Bharat’s approved bid, operational creditors of Binani Cement are now seeking a forensic audit of the resolution process and a change of resolution professionals

14 Apr 2018

14 Apr 2018

14 Apr 2018

13 Apr 2018

Fortis Healthcare has received an unsolicited binding offer jointly from Sunil Munjal’s Hero Enterprise and the Burmans of Dabur to invest Rs1,250 crore directly in the company through a preferential allotment 

13 Apr 2018

12 Apr 2018

Malaysian investment holding firm IHH Healthcare Bhd plans to bid for India's Fortis Healthcare Ltd at a price marginally better than Manipal Hospitals Enterprises Pvt Ltd's offer, Bloomberg reported today citing people aware of the matter

12 Apr 2018

Walmart completed its due diligence on Flipkart and has proposed acquiring 51 per cent of the stocks for between $10 billion and $12 billion 

11 Apr 2018

Saudi Aaramco along with a strategic partner and an Indian consortium comprising Indian Oil, Bharat Petroleum and Hindustan Petroleum will invest an estimated Rs3,00,000 crore to build the 1.2-million bpd Ratnagiri Refinery and Petrochemicals Ltd

11 Apr 2018

The Tata Group is unlikely to consider a bid for the national carrier as the terms are too onerous, a report says. With Jet Airways and IndiGo no longer in the running, it seems no one wants to be part of an airline where the government insists on holding a stake 

11 Apr 2018

11 Apr 2018

10 Apr 2018

10 Apr 2018

While economists say there is a strong likelihood of market abuse when four companies control 45 per cent of the market, the move by the US department of justice will allow one company to control 77 per cent of all seed corn, 69 per cent of all seed traits and 58-97 per cent of the markets in cotton, soybeans, and canola

10 Apr 2018

10 Apr 2018

09 Apr 2018

Aviation advisory firm Swiss Aviation Consulting (SAC) has reportedly shown interest in bidding for India’s national carrier, but experts say it does not look serious as the firm may only be scouting for clients

09 Apr 2018

Ultratech’s chances of winning Binani Cement, however, depend on the Supreme Court’s decision on the legality of awarding the bankrupt business to another bidder after the Dalmia Bharat-Bain Piramal consortium was declared winner

09 Apr 2018

07 Apr 2018

07 Apr 2018

US retail giant Walmart has completed due diligence as it looks to take a stake of 51 per cent or more in the Indian company. Amazon too is reportedly weighing a rival offer, but Walmart appears a more likely suitor

06 Apr 2018

05 Apr 2018

05 Apr 2018

05 Apr 2018

Selling its residual stake in Air India, soon to be privatised, to state-owned Life Insurance Corp would help allay potential investors’ concerns about possible government interference in the airline’s operations