M&A
Sterlite ups Asarco bid to $1.5 billion; Grupo Mexico outbids with $2 billion
11 Aug 2009
Grupo Mexico has stumped Sterlite Industries' revised $1.5 billion bid for bankrupt US miner and smelter Asarco with a $2 billion offer.
Dynegy sells assets to LS Power for $1 billion
11 Aug 2009
RBS sells Pakistan operations to MCB Bank
11 Aug 2009
Royal Bank of Scotland has entered into an agreement with MCB, Pakistan's largest privately-owned bank by assets, to sell its 99.37-per cent stake in RBS Pakistan for $87.4 million
Microsoft sells Razorfish to Publicis for $530 million
10 Aug 2009
The world's second largest media agency Publicis Groupe has bought Microsoft's advertising agency, Razorfish, to emerge as the undisputed leader in digital comunications
Essar among bidders for UK’s oil refinery: Report
10 Aug 2009
The Ruia-owned Essar group is the front runner to buy Britain’s second-largest oil refinery.
Platinum Equity bids $35 million for Boston Globe: report
08 Aug 2009
PE firm Platinum Equity has offered to acquire the 137-year-old Boston Globe and the rest of the New York Times Co's New England Media Group for $35 million
Platinum Equity bids $35 million for Boston Globe: report
08 Aug 2009
PE firm Platinum Equity has offered to acquire the 137-year-old Boston Globe and the rest of the New York Times Co's New England Media Group for $35 million
Platinum Equity bids $35 million for Boston Globe: report
08 Aug 2009
PE firm Platinum Equity has offered to acquire the 137-year-old Boston Globe and the rest of the New York Times Co's New England Media Group for $35 million
Platinum Equity bids $35 million for Boston Globe: report
08 Aug 2009
PE firm Platinum Equity has offered to acquire the 137-year-old Boston Globe and the rest of the New York Times Co's New England Media Group for $35 million
Kirin Holdings closer to acquiring Lion Nathan
07 Aug 2009
Lion yesterday released a scheme booklet setting out the procedure by which the $3.5-billion merger will be executed, including a report from Lonergan Edwards
Agrium may raise its $4.1-billion bid for CF
06 Aug 2009
Canadian fertiliser giant Agrium may have to raise its $4.1-billion offer for US fertiliser maker CF Industries since the latter is nearer to closing a $3.7 billion bid for Terra Industries.
Google to acquire video firm On2 for $106.5 million
06 Aug 2009
Web property giant Google plans to acquire video compression technology firm On2 for $106.5 million, to strengthen its video sharing platform YouTube
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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
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