M&A
Vedanta receives all approvals for Cairn merger except RBI nod
28 Mar 2017
Vedanta said on Tuesday that its board will consider this week payment of interim dividend to the shareholders of Cairn India following the merger of the oil firm with itself
European regulator approves $130-bn Dow Chemical-DuPont merger with conditions
28 Mar 2017
The European regulator yesterday approved the $130 billion Dow Chemical-DuPont merger after both companies agreed to divest several assets including nearly all their R&D operations
SoftBank brokering merger of Snapdeal, Flipkart: report
28 Mar 2017
The Japanese telecom and internet group is likely to invest up to $1.5 billion in the merged entity by picking up primary and secondary shares, giving it around 15-per cent stake in the Flipkart-Snapdeal combine
Toshiba to file for bankruptcy as Westinghouse losses mount to $9 bn
27 Mar 2017
Toshiba will seek shareholders’ approval for the sale of the chip unit on Thursday, while Chapter 11 filing for Westinghouse would be done by the US unit's board
Motherson Sumi acquires Finland’s PKC Group for €571 mn
27 Mar 2017
The acquisition will help auto component major Motherson Sumi Systems expand its footprint significantly in the American and European commercial vehicle segment
SBI to stay trim post-merger to cut costs
27 Mar 2017
SBI plans to shut down 47 per cent of associate banks' offices post-merger and reduce its workforce by 10 per cent over the next two years
Shell to sell onshore oil fields in Gabon to Carlyle Group
25 Mar 2017
The sale is part of Shell's plans to sell assets worth $30 billion after it completed its $49-billion acquisition of BG Group in February last year
Eurofins to buy Denmark’s VBM Laboratories
24 Mar 2017
eBay may swap its India unit for a $500 mn stake in Flipkart
24 Mar 2017
For eBay, which failed to use its first mover advantage in India after acquiring Baazee.com to make an entry into the market in 2005, a merger of its India operations with that of Flipkart will be seen as a win
Flipkart set to absorb eBay’s Indian unit: report
24 Mar 2017
In another sign of possible consolidation in India’s crowded ecommerce space, eBay is reportedly in talks to sell its under-performing India unit to Flipkart
Apple to acquire automation app Workflow
23 Mar 2017
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