M&A

NCLT shows green light for merger of Reliance's Viacom18 and Disney's Star India

02 Sep 2024

A day after the Competition Commission of India gave its conditional approval for merger of entertainment platforms Walt Disney’s Star India and Reliance Industries’ Viacom-18 Private Ltd

Zee settles all disputes with Sony group over failed merger

27 Aug 2024

Zee Entertainment Enterprises Ltd on Tuesday said it has settled all disputes with Sony Pictures Network India over the termination of its $10 billion merger deal with the latter in January this year.

Siemens Healthineers submits binding offer for Novartis’s molecular imaging business

27 Aug 2024

Siemens Healthiness AG is reported to have submitted a binding offer for acquiring the molecular imaging business of Swiss Drugmaker Novartis.

Reliance, Disney mull concessions for merger approval by CCI

20 Aug 2024

Reliance and Walt Disney have offered to sell some regional language channels to address anti-trust concerns raised by the Competition Commission of India (CCI) over the $8.5 billion (Rs71,350 crore) merger of their India media assets

Candy maker Mars to buy snacks maker Kellanova for $36 billion

20 Aug 2024

American multinational confectionery and pet food manufacturer Mars Incorporated has agreed to acquire Cheez-It maker Kellanova, better known as Kellogg’s, in a $36 billion all-cash deal.

News Corp weighs sale of its cable TV and streaming business in Australia

09 Aug 2024

Rupert Murdoch's media business News Corp is reported to be weighing the sale of its cable TV and streaming business in Australia, Foxtel, after it received an interest from a third party.

CCI approves transfer of ATC India shares to Data Infrastructure Trust

09 Aug 2024

Competition Commission of India (CCI) has approved the proposed acquisition of the entire share capital of ATC Telecom Infrastructure Private Limited (ATC India) by Data Infrastructure Trust (DIT)

Hewlett Packard Enterprise gets EU approval for $14 bn Juniper deal

06 Aug 2024

The EU Commission on Thursday announced its decision to grant blanket approval for Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks

Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal

27 Jul 2024

Mankind Pharma is acquiring Bharat Serums and Vaccines (BVS) from private equity firm Advent International in a deal valued at Rs13,630 crore.

Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs

19 Jul 2024

Sirius Digitech Limited, a joint venture of Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC)

Bosch looks to acquire appliance maker Whirlpool report

29 Jun 2024

Robert Bosch, a leading global supplier of products and services in the areas of mobility, industrial technology, consumer goods

Axis Bank invests additional Rs336-cr in Max Life, raises stake to 19.99%

20 Jun 2024

Axis Bank, India’s third-largest private sector lender, has acquired additional equity shares of Max Life Insurance Company worth Rs336 crore

Amazon buys part of Times Internet’s video streaming service MX Player

10 Jun 2024

E-commerce major Amazon has signed a definitive agreement to acquire part of video streaming service MX Player from Times Internet

Singapore Airlines gets 25.1% stake in Air India after Vistara merger

09 Jun 2024

Singapore Airlines will have 25.1 per cent stake in Air India after the National Company Law Tribunal (NCLT) on Thursday approved the merger of Air India and Vistara.

ITC shareholders approve demerger of hotel business

06 Jun 2024

Diversified group ITC Ltd on Thursday said 99.6 per cent of its shareholders approved the demerger of its hotels business which will be listed as a separate entity.

BHP proposes mining consolidation with Anglo American

11 May 2024

Australian mining giant Broken Hill Proprietary Company Limited (BHP) has proposed to take over smaller peer Anglo American in an all-share deal that values the company at $38.9 billion

LyondellBasell weighs divestment of European business

10 May 2024

Petrochemicals giant LyondellBasell is moving ahead with plans to divest its vast petrochemicals business in Europe, as part of the company’s plan to divest non-core assets.

Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture

10 May 2024

British multinational oil and gas company Shell Plc on Wednesday said it has agreed to sell its entire stake in Singapore refinery and petrochemicals business to a joint venture between Indonesian

Spanish banks BBVA and Sabadell weigh $12.93 bn all-stock merger

07 May 2024

Spanish bank Sabadell on Monday said it is considering a proposal by larger peer BBVA for a Euro 12 billion ($12.93 billion) all-stock merger that would create the largest banking company in Spain.

Spanish banks BBVA and Sabadell weigh $12.93 bn all-stock merger

07 May 2024

Spanish bank Sabadell on Monday said it is considering a proposal by larger peer BBVA for a Euro 12 billion ($12.93 billion) all-stock merger that would create the largest banking company in Spain.

BP-Eni joint venture Azule acquires 42.5% stake in Namibia offshore oil bloc

06 May 2024

Azule Energy, an equal joint venture between BP and Italian oil major Eni for their Angolan business, has signed an agreement with Rhino Resources of Namibia for a 42.5 per cent interest in the country’s offshore oil bloc in the Orange Basin.

Novartis to acquire US-based Mariana Oncology in $1.75 bn deal

03 May 2024

Swiss drug maker Novartis has agreed to acquire US-based Mariana Oncology in a deal worth $1.75 billion, as the company seeks advance the development of precision treatment for cancer.

Chevron, Hess expect to complete merger this year despite dispute over Guyana oil bloc

30 Apr 2024

US multinational oil and gas company Chevron Corporation and its lesser peer Hess Corporation are reported to be going ahead with their planned merger despite arbitral proceedings launched by Exxon Mobil Corp over the ownership of Stabroek oil block in Guyana.

Elon Musk secures Baidu-Tesla deal on self-driving vehicles: report

30 Apr 2024

Tesla CEO Elon Musk is reported to have clinched a key deal with Chinese car maker Baidu for collaboration in self-driving vehicles, clearing the way for incorporating advanced assisted driving technology in Tesla vehicles.

UltraTech buys India Cement’s grinding unit, ups production capacity by 3 million tonnes

22 Apr 2024

Aditya Birla group company UltraTech Cement is acquiring a 1.1 million tonne grinding unit from India Cements for Rs315 crore. The acquisition of the grinding unit will add 3 million tonnes cement manufacturing capacity to UltraTech in Maharashtra - including 1.2 million tonnes at Parli and 1.8 million tonnes at Dhule.