M&A
Maran's Sun rises over SpiceJet
12 Jun 2010
The deal is reported to be at Rs45-48 per share, after a discount to SpiceJet’s current market price at Rs56.05 a share, and will close over the weekend.
Komli Media acquires Australia’s PostClick
11 Jun 2010
Bharti trashes downgrade by Standard & Poor’s
10 Jun 2010
Bharti to follow Indian model for African towers
10 Jun 2010
Bharti Airtel will form separate tower companies in each of the African nations where it is present, marking the commencement of efforts to collaborate with other mobile phone firms to share costs and save money
ABB sets up £860 million bidding battle for UK’s Chloride with Emerson Electric
08 Jun 2010
Swiss ower and automation technology group ABB today said it was acquiring the UK-based Chloride for £860 million, rivalling Emerson's £723-million bid
Bharti acquires Zain, becomes world’s fifth largest mobile operator
08 Jun 2010
The $10.7-billion acquisition is India's second largest cross-border deal after Tata Steel's acquisition of Corus Steel in 2007
Bharti, Zain to announce deal closure today
08 Jun 2010
Tata Steel infuses fresh C$20 million in Canadian ore miner Millennium
08 Jun 2010
India’s largest private sector steel company has hiked its stake in Canada’s iron ore explorer New Millennium Capital (NMC) from 19.9 per cent to 27.4 per cent
Grifols to buy Talecris Bio for $3.4 billion
07 Jun 2010
The acquisition will propel the Barcelona-based Grifols to the second-biggest producer of plasma products in the US, behind Baxter International and ahead of Australia’s CSL Ltd
ADAG hikes stake in Fame India to 15.28 per cent
07 Jun 2010
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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