Piramal Enterprises Ltd (PEL) plans to bid for debt-laden companies across six to seven sectors including auto ancillary, cement and textiles that are currently undergoing insolvency proceedings, group chairman Ajay...
Torrent to buy Unichem’s domestic biz for Rs 3,500 cr; announcement today
Ahmedabad-headquartered pharmaceutical giant Torrent Pharmaceuticals is likely to announce the acquisition of Unichem Laboratories’ domestic business for a consideration of about Rs 3,500 crore after market hours...
Torrent Pharma in advanced talks to buy Unichem’s India business for Rs3,200-3,300 crore
Torrent Pharmaceuticals Ltd is likely in advanced discussions to acquire the domestic formulations business of Unichem Laboratories Ltd for Rs3,200-3,300 crore, two people aware of the development said on the condition...
Whole Foods deal would give Amazon an unfair advantage, say critics
While antitrust experts expect Amazon.com Inc’s bid for Whole Foods Market Inc to win regulatory approval, some critics argue the deal should be blocked because it gives the online retailer a nearly unstoppable...
Madison World acquires Brand-comm
Madison World, the largest independent media company in the country, has acquired a controlling stake in Bengaluru-based brand consulting and public relations firm Integrated Brand-comm Pvt. Ltd. The acquisition comes...
Shell completes sale of stake in Showa Shell to Idemitsu
Shell has completed the sale of its 31.2 percent stake in Showa Shell Sekiyu KK to Idemitsu Kosan Co Ltd for a total amount of Yen 159 billion (approximately $ 1.4 billion). Completion follows anti-trust approval from...
J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg
U.S. healthcare company Johnson & Johnson (JNJ.N) has approached Swiss biotechnology firm Actelion Ltd (ATLN.S) about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with...
US investors to sell stake in BKC’s landmark project for Rs1,500 crore
A consortium of US-based investors that developed First International Finance Center (FIFC), a landmark commercial building in Mumbai’s financial district, Bandra Kurla Complex (BKC), plans to sell its stake in the...
1mg Technologies acquires diagnostic labs aggregator Medd
New Delhi: Online healthcare start-up 1mg Technologies Pvt. Ltd on Monday said it has acquired diagnostic labs aggregator Medd (HolaMed Healthcare Technologies Pvt. Ltd) in a move aimed at boosting its diagnostic...
12 Biggest Mergers and Acquisitions of 2016
Microsoft’s acquisition of LinkedIn isn’t even top. In a move that no one saw coming, Microsoft announced it would acquire social network, LinkedIn, in what is the largest tech deal of 2016 Monday morning. So where does...
Four Charts That Show the State of M&A in 2016’s Choppy Markets
There’s little that companies on the hunt for mergers and acquisitions hate more than uncertainty, and the second quarter of 2016 had plenty of that. Deal volumes suffered as potential acquirers — and their...
Potential rival to LME would be costly; tie-up an option
The idea of launching a platform to rival the London Metal Exchange, the world’s biggest market for industrial metals, is unlikely to become a reality without large amounts of capital but a viable alternative...