Recently, the Board of Directors of Network18 Media & Investments Limited, a Reliance Group listed entity announced consolidation of its subsidiaries through a merger. Network18 Media & Investments Limited...
TDC weighs strategic options amid consolidation, sources say
Denmark’s largest telecoms company TDC Holding A/S has hired LionTree to help it explore strategic options for the business as consolidation in the Danish telecom market accelerates, two people familiar with the...
Japan releases new M&A guidelines to promote takeovers, consolidation
The Japanese government on Thursday released new guidelines to promote more mergers and acquisitions (M&A) in the world’s third-largest economy as it hopes to spur consolidation in the industry and boost...
India’s IDFC to merge with IDFC First Bank in latest consolidation
IDFC First Bank said its board had given the green light for a merger with IDFC Ltd, just days after the landmark $40 billion merger between Housing Development Finance Corp and HDFC Bank came into effect. IDFC Ltd...
Peninsula clinches buy of Italy’s ISEM to drive packaging industry consolidation
Investment firm Peninsula Capital said it had agreed to buy Italian premium packaging firm ISEM Bramucci in a deal worth around 90 million euros ($97 million), and targeted further acquisitions in the still fragmented...
Thyssenkrupp warship unit eyes German shipyard industry consolidation, Welt am Sonntag reports
Germany’s second-largest defence group Thyssenkrupp Marine Systems (TKMS) wants to play a leading role in consolidating the German and European shipyard industry, its new Chief Executive Officer told German...
TCPL going for consolidation, simplification; to bring down no of entities to 23
Tata group FMCG arm TCPL is consolidating its business by merging various companies and plans to reduce the number of legal entities to around 23 from the existing 45 after restructuring, said its Managing Director...
Coca-Cola’s African subsidiary eyes more consolidation in continent
Coca-Cola Beverages Africa (CCBA), the biggest bottling unit of Coca-Cola in the continent, is eyeing further consolidation of the parent’s bottling operations there, its chief executive said on Tuesday, as it...
Raymond board approves business consolidation to explore monetisation and deleverage business
Textile to engineering conglomerate Raymond announced an organisational restructuring plan in a bid to monetise its assets and deleverage its business. The plan will see its fast-fashion business consolidating with the...
Simpson & Co. – Consolidation of shares & Reduction of fractional shares
Simpson and Company Limited (“Company”) is a subsidiary of Amalgamations Private Limited. Company is engaged in the business of manufacturing electrical equipment, general and special purpose machineries, transport...
Carrefour mulls consolidation, alliances or divestitures for foreign units
French retailer Carrefour said on Wednesday it had started considering possible consolidation, divestitures or tie-ups of its foreign subsidiaries, but had not made a decision to sell any assets. The French weekly...
Consolidation in entertainment will keep us riveted
All hail the coming of the world’s third big online streaming giant: Warnermedia’s merger with Discovery is upon us. Consolidation in this business is good for the couch potato, and there will be more of it to go...