M&A
Shell to divest Nigerian assets worth $5-billion
21 Dec 2009
Hit by militant strikes, Shell plans to sell off its Nigerian onshore operations with proven oil reserves of about 100 million barrels
Brazil’s CSN bids $5.5 billion for Portugal cement maker CIMPOR
21 Dec 2009
In 2008 CIMPOR acquired 73.6 per cent stake in India’s Shree Digvijay Cement Company held by Aditya Birla Group’s Grasim Industries
GM to close Saab as talks with Spyker collapse
19 Dec 2009
General Motors (GM) is closing its Swedish venture, Saab Automobile AB, as talks to sell the loss-making brand to Dutch automaker Spyker Cars collapsed yesterday.
SBS merger with SBI formalised as RS passes bill
19 Dec 2009
Sun Pharma advises Taro shareholders against voting at AGM
18 Dec 2009
In a letter written to shareholders of Israeli-based Taro, Sun Pharmaceuticals chairman and managing director Dilip Shanghvi accuses Taro chairman Barret Levy of rewarding independent directors for conniving to defraud shareholders.
Icahn says Take-Two ‘undervalued’, ups stake
18 Dec 2009
NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion
18 Dec 2009
The surprise announcement comes after Australia's AMP, and France's AXA SA, which owns 54 per cent of AXA AP, moved earlier this week to bring a swift conclusion to their ongoing cash and scrip bid for AXA AP
Iconix to call off Playboy acquisition talks
17 Dec 2009
J&J to buy ENT device maker Acclarent for $785 million
17 Dec 2009
To bolster revenue affected by the drop in sales of its blockbuster drugs on patent expiry and generic competition, J&J has been resorting to acquisition of new products and technologies
Godrej keen to acquire majority stake in JV with Sara Lee
16 Dec 2009
Chairman Adi Godrej says Godrej Consumer Products is keen to acquire a 51-per cent stake in Godrej Sara Lee, its joint venture with the US-based Sara Lee Corp
Hospira of US buys Orchid’s injectables business
16 Dec 2009
Orchid has 54 products for launch in the US, has also filed about 72 marketing applications to supply active pharmaceutical ingredients.
Banks workers go on strike against mergers; services hit
16 Dec 2009
Nearly 600,000 bank employees across the country went on strike today to protest against the merger and consolidation of public sector banks
E&Y survey moots M&As in low-growth environment
15 Dec 2009
M&M acquires majority stake in two Australian aerospace companies
15 Dec 2009
The acquisitions have been made in partnership with Kotak Private Equity, and M&M will hold a 75.1-per cent stake in both companies
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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.
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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
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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