Phillips Electronics India (formerly Philips India) got its second buyback offer approved by the majority shareholders at its 79th annual general meeting here on Friday. The first buy back offer after delisting could...
Mirc Electronics – Updates on Scheme of Amalgamation
With reference to the earlier annoucement dated May 11, 2009 regarding the Hon’ble High Court of Bombay has sanctioned the scheme of amalgamation of Guviso Holdings Pvt. Ltd (Transferor Company) with Mirc...
Mirc Electronics – Updates on Scheme of Amalgamation
Mirc Electronics Ltd has informed BSE that the Hon’ble High Court of Bombay has sanctioned the scheme of amalgamation of Guviso Holdings Pvt Ltd (Transferor Company) with the Company vide order passed on May 02...
Foxconn to agree on Sharp takeover after a big discount
Taiwan’s Foxconn is set to agree on Wednesday to acquire Sharp Corp of Japan, gaining a big discount to its original offer after a month of wrangling about potential liabilities that sowed more doubt about whether...
KKR to buy Airbus defence electronics unit for $1.2 billion
Buyout firm KKR & Co agreed to buy Airbus Group SE’s defence electronics business for euro 1.1 billion ($1.2 billion) as the European planemaker reorganises its military and space operations. Airbus said it...
Blackstone nears deal to buy HP’s stake in Mphasis for $940 mn
Blackstone Group LP is nearing a deal to acquire HP Inc’s controlling stake worth about $940 million (about Rs 6,248 crore) in Indian information technology (IT) outsourcing services provider Mphasis Ltd, according to...
Toshiba in talks to sell its white goods business to Midea Group
Japanese industrial conglomerate Toshiba Corp (6502.T) said it is in late-stage talks to sell its white goods business to Chinese household appliance giant Midea Group Co Ltd (000333.SZ), Nikkei reported on Monday. The...
Intel Mulls Sale of $1 Billion Venture Capital Portfolio
Intel Corp., one of the world’s largest makers of computer components, is planning to sell part of its venture capital unit, assets that could be worth as much as $1 billion, said people familiar with the matter. The...
United Tech looks for a big deal after rebuffing Honeywell
United Technologies Corp (UTX.N), maker of jet engines, aircraft components and building systems, said it is open to doing a large acquisition despite rejecting a merger proposed by Honeywell International Inc (HON.N)...
Cote’s Elephant Gun Signals Honeywell Appetite for Megadeals
Honeywell International Inc. Chief Executive Officer Dave Cote said three years ago that he gets queasy thinking about acquisitions of more than $1 billion. Now, it’s his investors who may be getting uncomfortable...
Sharp shares plunge after Foxconn puts takeover deal on hold
Shares in Sharp Corp (6753.T) plummeted on Friday after Taiwan’s Foxconn put its takeover of the ailing Japanese electronics maker on hold, with sources saying previously undisclosed liabilities were responsible...
Honeywell: Buyer, Seller or Both?
What’s Honeywell up to now? No sooner had investors gotten used to the idea that the industrial giant’s appetite for acquisitions had grown — and by a lot — than news arrived that the company has...
