M&A

Blackstone in talks to acquire stake in Disney's Indian division amid free ICC World Cup streaming

11 Oct 2023

Blackstone, a private equity firm, has started initial talks with the Walt Disney Company to acquire a stake in the Indian division of the firm.

Deloitte to acquire rival PwC's network firms in Sri Lanka and Maldives

10 Oct 2023

Deloitte, a world-renowned accounting firm, is planning to acquire some of the network firms from its competitor, PricewaterhouseCoopers (PwC), in the Maldives and Sri Lanka regions.

Exxon nears a $60 billion deal to acquire Pioneer

06 Oct 2023

Exxon Mobil is in advanced talks to buy Pioneer Natural Resources for around $60 billion.Exxon is about to make its largest deal since the acquisition of Mobil in 1998

Reliance group secures BCCI media rights, emerges as cricket broadcasting powerhouse

01 Sep 2023

Over the next five years, Indian cricket will find a new broadcasting home on the Viacom 18 network. In an e-auction held on Thursday, 31 August 2023, the media conglomerate, a subsidiary of Reliance Industries, successfully secured both the linear and digital rights from the BCCI (Board of Control for Cricket in India)

Chevron to acquire PDC Energy in $6.3 billion all-stock deal

13 Jul 2023

Reliance Retail to buy out minority shareholders

11 Jul 2023

Reliance Retail will pay Rs1,362 per share to a host of global investors, including KKR, Mubadala, Abu Dhabi Investment Authority, General Atlantic, GIC and TPG, who together hold a 10.09 per cent stake in the company

Thomson Reuters to acquire legal AI firm Casetext for $650 mln

10 Jul 2023

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

HDFC, HDFC Bank to merge in $40 bn deal

01 Jul 2023

The merger, to be effective from 1 July, will create the world’s fifth largest bank with a market valuation of $175 billion, which will be 100 per cent owned by public shareholders

Singapore’s Temasek buys majority stake in Manipal Hospitals

06 Apr 2023

Temasek acquired an additional 41 per cent stake in Manipal Health through Sheares Healthcare India for Rs16,375 cr, taking its stake in India’s second-largest hospital chain to 59 per cent

SBI makes a Rs12,000-cr windfall from its YES Bank investment

13 Mar 2023

Reserve Bank revises rules related to acquisition for banks

30 Jan 2023

AstraZeneca to acquire CinCor Pharma in a deal worth $1,8 bn

11 Jan 2023

US “interference” in Hamburg terminal deal spooks China

07 Nov 2022

Reliance to acquire Metro Cash & Carry India in € 500 m deal

07 Nov 2022

The deal includes 31 stores in 21 cities across India, as also land banks and other assets owned by Metro Cash & Carry in India

Russia's Lukoil rejects US buyout firm’s offer to buy its Sicily refinery

07 Nov 2022

BP to buy US biogas producer Archaea for $4.1 bn

28 Oct 2022

The addition of Archaea’s production and pipeline has the potential to take BP’s biogas supply volumes to around 70,000 boe/d globally by 2030

Eli Lilly to buy gene therapy company Akouos for $487 million

27 Oct 2022

Hetero acquires Johnson & Johnson’s Telangana plant

26 Oct 2022

Parle in talks with Poland’s Dr Gerard to expand cookie basket

19 Oct 2022

If Parle, which has never been an acquirer - although it has sold some of its own brands – decides to go ahead with the deal, it will be the company’s first acquisition