M&A
Tata Steel to finalise $5.4-bn Corus debt refinance
28 Sep 2010
Tata Steel, which is nursing a debt of around $9.5 billion is planning to refinance around $4.5-5.5 billion of its outstanding European loans
Russia’s Lukoil buys back stake from ConocoPhillips for $2.4 billion
28 Sep 2010
Lukoil bought just enough shares to avoid potential third-party investors joining the company’s board by accumulating the shares
Corus becomesTata Steel
28 Sep 2010
The re-branding will bring to an end to the 11 year-old Corus brand after British Steel merged with the 81 year-old Netherlands-based Koninklijke Hoogovens in 1999
Wal-Mart launches $4.2 billion takeover bid for South Africa’s Massmart
27 Sep 2010
The world’s largest retailer Wal-Mart has made a $4.2-billion takeover offer for South Africa’s s biggest food and general goods wholesaler, Massmart
Unilever to buy Alberto Culver for $3.7-bn in cash
27 Sep 2010
The acquisition will pit Unilever in direct competition in the hair and skin beauty care segment with long time rival Procter & Gamble in the North American market
Louis Dreyfus, Olam in merger talks to form $15-bn trading giant
27 Sep 2010
The merged business would have a market value of approximately $15 billion and a dominant trading position in cotton, rice, and coffee and a substantial share in the wheat, corn, sugar, cocoa, and oil seeds market.
Hertz says no to higher bid for Dollar Thrifty
25 Sep 2010
KNOC secures 64.26-% stake in bid for Dana
24 Sep 2010
IOC plans $1 bn foreign acquisitions spree
23 Sep 2010
IOC has earmarked $1 billion for the acquisition of exploration and production assets abroad.at a time when China is outbidding India for multi-billion dollar energy assets
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India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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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