M&A

RCom’s new debt repayment plan gives banks 51% shareholding

RCom’s new debt repayment plan gives banks 51% shareholding

31 Oct 2017

Under the Reserve Bank mandated restructuring plan, RCom will be left with 49 per cent equity and Rs6,000 crore of debt while the promoters’ stake will come down to 26 per cent

IDFC-Shriram merger talks fail over valuation issue

30 Oct 2017

The complex deal proposed by the managements, involving at least four big entities in transport and consumer financing and infrastructure funding, failed to secure support from both stakeholders and regulators

EasyJet to buy part of Air Berlin’s operations at Berlin Tegel airport

30 Oct 2017

Huntsman and Clariant call off proposed merger on investor opposition

27 Oct 2017

US drug retailer CVS may buy health insurer Aetna for $66 bn

US drug retailer CVS may buy health insurer Aetna for $66 bn

27 Oct 2017

A deal would merge one of the nation’s largest pharmacy benefits managers and pharmacy operators with one of its oldest health insurers, as CVS Health Corp seeks to fortify itself against looming competition from Amazon.com

Apple acquires wireless charger maker PowerbyProxi

26 Oct 2017

RCom set to complete Sistema Shyam merger by early November

24 Oct 2017

Vitol to acquire Noble’s US oil trading business for $580 million

24 Oct 2017

Cisco Systems to acquire BroadSoft Inc: report

Cisco Systems to acquire BroadSoft Inc: report

23 Oct 2017

Cisco is close to striking a deal to buy US telecommunications software firm BroadSoft Inc for around $2 billion

Bhushan Steel rallies 20% on reports of ArcelorMittal eying stake

23 Oct 2017

Cash-rich Flipkart in talks to invest in Swiggy, UrbanLadder, UrbanClap

23 Oct 2017

Walmart close to tie-up with clothier Lord & Taylor: report

20 Oct 2017

Flipkart in talks with Biyani for Future Lifestyle stake: report

Flipkart in talks with Biyani for Future Lifestyle stake: report

18 Oct 2017

The top management of both sides met last week in Mumbai to discuss the matter and follow-up meetings are due after Diwali, The Economic Times reported citing sources

IndusInd Bank to acquire microlender Bharat Financial for Rs15,500 cr

17 Oct 2017

Flipkart reported in talks with BookMyShow for minority stake

16 Oct 2017

Saudi Aramco considering stake sale to Chinese investor: report

16 Oct 2017

Govt to sell its entire 51% stake in Pawan Hans

14 Oct 2017

UK insurer Aviva to exit Taiwan market

13 Oct 2017

Tata Tele to sell wireless mobile business to Bharti Airtel

Tata Tele to sell wireless mobile business to Bharti Airtel

12 Oct 2017

Tata, which will retain stake in Viom and take care of its liabilities, is also exploring combination of its enterprise business with Tata Communications and its retail fixed line and broadband business with Tata Sky

Adani in talks to acquire Rinfra’s Rs13,000-cr Mumbai power business

Adani in talks to acquire Rinfra’s Rs13,000-cr Mumbai power business

11 Oct 2017

Other groups, including Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, Torrent and Prem Watsa’s Fairfax Group were also in discussions for RInfra’s Mumbai power business

Tata Group eyeing stake in Air India, says chairman Chandrasekaran

Tata Group eyeing stake in Air India, says chairman Chandrasekaran

10 Oct 2017

The government has yet to finalise the divestment plan for Air India – whether to sell in parts or whole — for the loss-making national carrier, which is sitting on a debt pile of Rs50,000 crore

Accor in $1.18-bn bid for Australia’s Mantra Group Ltd

09 Oct 2017

Big deal: Biyani’s Future buys Shoppers Stop arm HyperCity

Big deal: Biyani’s Future buys Shoppers Stop arm HyperCity

07 Oct 2017

The deal is seen as a win-win for both sides, enabling Shoppers Stop to pare its losses and focus on its tie-up with Amazon, and Future Group’s Big Bazaar to expand its footprint in the metros

RIL sells US shale asset at $126 mn after buying it for $392 mn

RIL sells US shale asset at $126 mn after buying it for $392 mn

07 Oct 2017

The US shale market has become highly competitive and companies have cut costs to stay afloat after a slump in crude oil and gas prices

Chinese regulator approves HP’s $1.1 bn acquisition of Samsung Electronics’ printer business

Chinese regulator approves HP’s $1.1 bn acquisition of Samsung Electronics’ printer business

07 Oct 2017

The deal includes Samsung's printer business, intellectual property portfolio of more than 6,500 printing patents and a workforce that includes nearly 1,300 researchers and engineers with advanced expertise in laser printer technology, imaging electronics