Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with...
Liontown extends due diligence for $4.2 billion Albemarle buyout
Australia’s Liontown Resources said it would extend an exclusive due diligence period by a week for its proposed A$6.6 billion ($4.23 billion) buyout by U.S.-based Albemarle, even as an Australian billionaire...
U.S. Steel starts due diligence after entering agreements with ‘numerous third parties’
U.S. Steel has entered into confidentiality agreements with “numerous third parties” and started to review multiple unsolicited proposals ranging from partial acquisition to an entire buyout, the company...
Amazon begins due diligence to buy MX Player
Amazon.com Inc. is in advanced talks to acquire MX Player, the video streaming platform owned by Times Internet, three people with direct knowledge of the development confirmed. The US e-commerce giant has hired one of...
SKS Power lenders extend due diligence deadline
Lenders to Chhattisgarh-based distressed electricity producer SKS Power Generation have extended the due diligence deadline for prospective buyers for a third time to December 9, pushing back the timeline for the...
SKS Power’s lenders extend timeline for due diligence
Lenders to the Chhattisgarh-based distressed electricity producer SKS Power Generation have extended the deadline for due diligence by prospective buyers to October 17 because of the high demand for the plant. The...
HOW acquirers can do pre-M&A due diligence better
It is known that 50-70% of acquisitions fail. Many researchers have tried to answer why. Most research focus on post-deal factors, and “cultural incompatibility” emerges as a common theme across failed deals. But...
Australia’s Link to give Carlyle due diligence for renewed A$2.81 billion bid
Australia’s Link Administration said on Monday it was appropriate to provide Carlyle Group with due diligence information, as it is considering its new A$2.81 billion takeover offer. The Sydney-based company said it...
ZEEL starts due diligence process for merger with Sony Pictures Networks
Zee Entertainment (ZEEL) has commenced the due diligence process for its proposed merger with Sony Pictures Networks India (SPNI), a subsidiary of Japan’s Sony Corp, following a non-binding agreement signed in September...
UniCredit due diligence on Monte Paschi proceeding as agreed – CEO memo
The head of UniCredit said on Thursday due diligence on the books of rival lender Banca Monte Dei Paschi was proceeding as agreed with Italy’s economy ministry. In July Italy’s No. 2 lender entered into exclusive talks...
Atlantia agrees end-Jan deadline for due diligence on Italy motorway unit
Italy’s Atlantia has agreed to give a consortium led by state lender Cassa Depositi e Prestiti (CDP) until the end of January to complete due diligence on its Italian motorway assets ahead of a possible final bid. CDP...
DGCA considers due diligence for return of 737 Max
The Directorate General of Civil Aviation (DGCA) may conduct its own due diligence before allowing the grounded Boeing 737 Max aircraft to return to Indian skies, two people with direct knowledge of the matter said...