M&A
RIL move on LyondellBassel enthuses market
24 Nov 2009
Heritage Oil to sell its Ugandan oil blocks to Eni for $1.5 billion
24 Nov 2009
Commercial production from the oil blocks being sold will start in 2014, where analysts have forecasted a production of more than 50,000 barrels a day from 2016
Ciena trumps Nokia Siemens to acquire Nortel’s ethernet assets for $769 million
24 Nov 2009
Ciena expects to significantly enhance its Canada-based development resources and strengthen its global presence through this acquisition
Nestle also interested in Cadbury
23 Nov 2009
Reliance makes a bid for Dutch petrochem major LyondellBasell
23 Nov 2009
Reliance Industries Ltd (RIL) has initiated a move towards acquiring a controlling stake in the world’s third-largest petrochemicals firm, LyondellBasell by submitting a preliminary offer
Hershey reportedly mulling $17 billion solo bid for Cadbury
21 Nov 2009
Hershey's links with Cadbury go back since 1980 to market Cadbury's candy in the US market and a take over of its chocolate business would open the European and vast emerging markets, where Cadbury's strength lies
Dutch government to invest $6.6 billion more in ABN AMRO-Fortis
20 Nov 2009
The Dutch government will invest €4.4 billion ($6.6 billion) more to integrate parts of ABN AMRO Bank NV and Fortis Bank Nederland into a strong, stable and profitable bank.
Reckitt Benckiser may merge with Colgate-Palmolive: report
19 Nov 2009
The merger of Reckitt Benckiser and Colgate-Palmolive, with revenues of $11 billion and $15.3 billion, respectively in 2008, could form a giant with revenues of over $26 billion.
Devon Energy plans to raise up to $7.5 billion through asset sales
18 Nov 2009
One of the largest independent US oil and gas companies, Devon will divest all its Gulf of Mexico and other global assets to focus on its onshore portfolio in North America and repay debt
Canon to acquire Dutch printer maker Océ for $1.1 billion
17 Nov 2009
Canon will acquire the outstanding shares of Océ at €8.60 a share, representing a 70-per cent premium over the closing price on 13 November and 137 per cent above the average price over the past year
Citigroup to sell stake in Bellsystem24 to Bain Capital for $1.12 billion
16 Nov 2009
The acquisition of Bellsystem24 by Boston-based private equity firm Bain Capital will be the largest buyout made by a foreign private equity firm in Japan in nearly two years
Bristol-Myers to divest Mead Johnson for $7.69 billion
16 Nov 2009
Leading maker of children's nutritional products, the over 100-year Mead Johnson had 2008 sales of nearly $2.6 billion
Latest articles
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