M&A
Sanofi-Aventis to acquire Shantha Biotech for Rs3,757 crore
27 Jul 2009
France’s biggest drug maker, Sanofi-Aventis, will acquire majority control of Indian pioneering vaccines maker Shanta Biotechnics valuing the unlisted Indian company at nearly Rs3,757 crore.
Ericsson acquires Nortel’s CDMA business for $1.13 billion in auction
25 Jul 2009
Sweden's Ericsson successfully oubid Nokia Siemens and Matlin Patterson to acquire bankrupt Nortel’s CDMA and LTE access businesses for $1.13 billion yesterday
Fiat-Chrysler deal gets EU nod
25 Jul 2009
IRDA finalising merger and acquisition norms for insurance firms
24 Jul 2009
IRDA and SEBI are engaging stakeholders ahead of finalising the merger and acquisition guidelines in the Indian insurance sector
Amazon to acquire rival Zappos for $847 million
24 Jul 2009
Online retail giant Amazon.com Inc. has reached an agreement to acquire leading online apparel and footwear retailer Zappos.com, Incin order to strengthen its presence in the 'trendy segment'.
VW to take over Porsche in reverse bid
24 Jul 2009
Volkswagen, in which Porsche has a 51-per cent stake, plans to take over Porsche AG in a reverse bid
Bristol-Myers to acquire biotechnology company Medarex for $2.4 billion
23 Jul 2009
US drugmaker Bristol-Myers Squibb said yesterday that it is acquiring biotechnology company Medarex Inc, a for $2.4 billion to expand its oncology and immunology pipeline
Exelon backs away from NRG Energy bid
22 Jul 2009
US Nuclear power giant and utility operator Exelon Corporation has terminated its $7.45-billion revised hostile takeover bid after being rebuffed by NRG Energy sharholders
Sunil Mitra takes over as divestment secretary
22 Jul 2009
WPP acquires Saffron Hill Research
21 Jul 2009
HK’s Li & Fung takes 26 per cent of Biyani’s Future Logistics
21 Jul 2009
Li & Fung manages the entire sourcing and distribution from Asia for multinationals including Wal-Mart, Tesco, Nike and Tommy Hilfiger
IFCI acquires 5-per cent stake in MCX-SX
20 Jul 2009
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