M&A
Strides Arcolab buys back divested Brazillian facility from Aspen for $75 million
By Ravi Kunder | 05 Mar 2010
Strides Arcolabs had sold its 51-per cent stake in Strides Latina to Aspen for $152 million in 2007, and is now reacquiring it at half the price, reports Ravi Kunder
Nortel gets court nod to sell internet telephony business to Genband
04 Mar 2010
Nortel Networks Corporation (Nortel), once North America’s largest telecom equipment maker is now divesting most of its Carrier VoIP and Application Solutions (CVAS) global assets
Pfizer in bid to snap up Germany’s Ratiopharm
04 Mar 2010
The acqusuition, estimated at about $4.1 billion, will be the biggest generic company buyout since Teva bought Barr Pharmaceuticals for $7.4 billion in July 2008
Elliott Associates makes $2 billion unsolicited bid for Novell
03 Mar 2010
The offer sent Novell’s share price up by more than 26 per cent after hours trading yesterday to $6.15, above Elliott’s offer of $5.75, indicating that shareholders anticipate a higher rival bid
Dow sells Styron division to Bain Capital for $1.63 billion
03 Mar 2010
Dow Chemical Company yesterday entered into a deal with private equity firm Bain Capital to sell its specialised plastics unit Styron for $1.63 billion
Astellas launches $3.5-billion hostile bid for OSI Pharmaceuticals
02 Mar 2010
Astellas Pharma said that it will now take its offer directly to OSI shareholders and commence a tender offer today to acquire all the outstanding common stock of OSI for $52 per share
MSCI to acquire RiskMetrics for $1.55 billion
02 Mar 2010
Merck KGaA beats Thermo Fisher to acquire Millipore for $7.2 billion
02 Mar 2010
German pharmaceutical giant Merck KGaA will acquire biotech purifiers and filters maker Millipore Corporation for $7.2 billion, including debt, in order to expand into the life science sector
Citigroup to offload Egg unit, say reports
02 Mar 2010
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
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
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