M&A
France to buy out minority shareholders of Areva
12 Jan 2017
Coty to buy majority stake in online cosmetics retailer Younique for $600 mn
11 Jan 2017
With operations in the US, Canada, Mexico, Australia, New Zealand, the UK, Germany, France, Spain, and Hong Kong and over 4 million consumers worldwide, Younique is expected to generate approximately $400 million in net revenues in 2016
Marissa Mayer, others to quit Yahoo after it becomes ‘Altaba’
10 Jan 2017
Yahoo chief executive officer Marissa Mayer, co-founder David Filo and others plan to resign from the company's board when it completes its $4.8 billion sale to Verizon
Mars to buy veterinary hospital operator VCA for $7.7 bn
10 Jan 2017
Mars, the world’s largest confectionary maker with annual sales of $33 billion, is also the world’s biggest pet food company with a 25 per cent share of the $71.77 billion global pet food market
Japan’s Takeda to buy US cancer drug maker Ariad for $5.20 bn
10 Jan 2017
The deal will give Takeda two innovative precision drugs, including a leukemia drug with sales of $170-180 million last year, and Brigatinib, which could offset any loss of sales due to generic competition to its top-selling blood cancer drug Velcade
Carlyle, Citic to buy majority stake in McDonald's China/HK businesses for $2.08 bn
09 Jan 2017
Under the deal, China’s state-backed conglomerate and Citic Capital Partners will jointly buy a 52 per cent stake, while Carlyle will hold 28 per cent and McDonald’s will retain 20 per cent
Japanese tyre maker Sumitomo Rubber to buy Britain’s Micheldever for £215 mn
06 Jan 2017
The deal comes just a week after Sumitomo Rubber agreed to buy trademark rights of the overseas and sporting goods businesses of Dunlop and Itochu’s acquisition of Kwik-Fit in 2011
Latest articles
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
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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