China’s hunger for overseas assets has been a big windfall for its domestic banks, thanks to their ability to provide cheap financing. But the nation’s lenders will likely find a ceiling to their ambitions...
Israel’s Adama says makes progress towards Sanonda merger
Adama Agricultural Solutions said on Sunday a possible merger with smaller Chinese rival Sanonda, first announced last year, could be completed in the first half of 2017. Sanonda is a subsidiary of China National...
Deal-Hungry Chinese Buyers Hit a Wall After Record M&A Spree
Chinese companies have gone big game hunting this year. Yet that record run is threatened by a rising set of challenges — not to mention the Brexit shock. It took less than six months for the volume of announced...
Not all software M&A is created equal
What’s notable about recent mergers and acquisitions (M&A) activity in software companies (including SaaS) isn’t the number of deals (7), their worth ($8.6B disclosed value), or even the timing (all took...
Total readies sale of German chemicals maker Atotech
French oil and gas producer Total has begun preparations for the sale of its specialty chemicals and equipment division Atotech, which may be valued at about 3 billion euros ($3.4 billion), sources said. Total said in...
Small is Beautiful
While big ticket acquisitions like the $12.7-billion Tata Steel-Corus deal may draw major headlines and peer’s envy, it is small ticket deals like Dabur buying Balsara group for $35 million or Emani acquiring Zandu...
L&T may spin off boiler business
L&T may spin off boiler business Leading engineering firm Larsen & Toubro (L&T) has lined up plans to invest over Rs 2,500 crore in building a shipyard and expanding its engineering manufacturing unit to...
Newbridge may acquire Sigma Electric for $150m
Newbridge may acquire Sigma Electric for $150m US-BASED private equity player Newbridge is in talks to acquire Sigma Electric Manufacturing Corporation. The deal size is estimated around about $150 million and talks...
Ipca & Makers hike stake in Mangalam Drugs to 14%
Ipca & Makers hike stake in Mangalam Drugs to 14% Mumbai-based mid-size pharma company Ipca Laboratories along with Makers Laboratories has picked up additional stake in bulk drugs and chemicals manufacturer...
Allmineral GmbH of Germany sets up JV in India
Germany based Allmineral GmbH & Co. K.G; a global player in mineral beneficiation technology has entered into a joint venture agreement with Kolkata-based Jyotirmoyee International Pvt Ltd [JIPL] for setting up a...
Japan’s NTT Data, Dell seal $3-bn deal
NTT Data Corp, a unit of Japans former telephone monopoly, agreed to buy technology services businesses from Dell for $3.055 billion. The acquisition was announced by the unit of Nippon Telegraph & Telephone Corp...
Dell nears sale of IT services unit to Japan’s NTT Data
Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan’s NTT Data Corp for $3.5 billion, people familiar with the matter said on Sunday. The...