M&A
Russia's VimpelCom in $6.5 billion merger deal with Egyptian mobile phone operator
05 Oct 2010
Under the deal, VimpelCom would become the 100 per cent owner of Wind Telecommunicazioni, the third largest mobile operator and second largest fixed line operator in Italy
British Telecom renews Tech Mahindra exit plan
05 Oct 2010
ONGC out, BP to transfer Vietnam oil stake to TNK-BP
05 Oct 2010
Although TNK-BP had been mulling since July to put in a bid for BP’s assets, its board had approved a bid for the assets in Vietnam and Venezuela only last week.
Government to ask Vedanta to pick up tab for royalty and cess on Cairn's Barmer production
04 Oct 2010
Network18 to sell London-listed TIFC to Roptonal
04 Oct 2010
Sanofi-Aventis goes hostile with $18.5-bn Genzyme bid
04 Oct 2010
Refusing to hike its offer French pharmaceutical giant Sanofi-Aventis today went hostile with its $18.5-billion takeover bid for the world's third-largest biotech firm, Genzyme Corporation
Sinopec acquires 40-% in Repsol’s Brazilain assets for $7.1-bn
01 Oct 2010
Sinopec, Asia's largest oil refiner today acquired a 40-per cent stake in the Brazilian asses of Spanish oil company Repsol YPF SA for $7.1 billion, its second-largest overseas investment to date.
Etisalat offers $11.7 bn for 46-% stake in Kuwait’s Zain
01 Oct 2010
In one of the largest deals in the region in recent history, the UAE's Etisalat has submitted a preliminary conditional offer to buy a 46-per cent stake in Kuwait’s Mobile Telecommunications Company (Zain) for approximately $11.7 billion
Mahindra Satyam details FY09, FY10 losses
29 Sep 2010
Mahindra Satyam today reported a net loss of Rs8,177 crore in FY09 and Rs125 crore during FY10.
ITC denies reports of hotels merger with EIH
29 Sep 2010
Goldman funds acquire Endesa's Spanish gas assets for $1.1 bn
29 Sep 2010
Italian energy giant Enel SpA’s Spanish subsidiary Endesa SA will sell 80-per cent stake in its arm Endesa Gas SA to two infrastructure funds operated by Goldman Sachs.
AOL to acquire tech blog TechCrunch websites
29 Sep 2010
Once the toast of US Inc, the then celebrated AOL, which faded into oblivion with its audacious but ill-fated acquisition of Time Warner, now hopes to emerge a tech publishing leader.
South African union opposes Wal-Mart's $4.2 billion bid for Massmart
28 Sep 2010
Wal-Mart has one of the worst records on labour rights and continues to be hauled to courts by its employees, according to Cosatu, South Africa's largest union.
IBM to acquire BLADE Network Technologies
28 Sep 2010
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