Stemcentrx Inc, a San Fransisco-based biotechnology startup, is pursuing strategic alternatives including a sale, the Wall Street Journal reported. The company, backed by PayPal Holdings Inc (PYPL.O) co-founder Peter...
ChemChina’s Ren Chases DNA Change With $43 Billion Syngenta Bid
The blue locomotive rolled out of Zhengzhou, pulling boxcars stacked with more than 10,000 Chinese-made tires. They were heading across two continents to Germany as part of a “new silk road†initiative to boost...
VMware Forecasts Darken Bright Spot in Dell’s Deal to Buy EMC
The shine is coming off VMware Inc., the crown jewel in the sale of parent company EMC Corp. to Dell Inc. VMware shares fell as much as 13 percent after the biggest maker of virtualization software forecast profit and...
Emcure Pharmaceuticals acquires Canadian company and its marketing arm Marcan
Emcure Pharmaceuticals, a Pune-based drug maker, has acquired Canada’s International Pharmaceutical Generics Ltd. and its marketing arm Marcan Pharmaceuticals in a deal that’s expected to bolster the Indian...
Dell’s SecureWorks Files For IPO Amid Parent’s Takeover of EMC
SecureWorks Corp., the cybersecurity company owned by Dell Inc., filed for an initial public offering. The company filed with an initial size of $100 million, which is a placeholder amount used to calculate fees that...
DELL – EMC M & A
In a biggest-ever technology acquisition, PC maker Dell and private-equity player Silver Lake Partners have acquired data storage provider EMC for $67 billion in a cash-and-shares deal. The $33.15 per share deal works...
Ipca Labs set to acquire Unichem promoter’s stake for over ₹ 1,034 cr
lpca Laboratories on Monday said it has entered into a definitive share purchase agreement to acquire Unichem Laboratories promoter’s stake for ₹1,034.06 crore in an all cash deal. lpca will acquire 2,35,01,440...
Lufthansa to sell rest of LSG Group to private equity firm Aurelius
Deutsche Lufthansa said that it would sell the remaining part of airline caterer LSG Group to private equity firm Aurelius, three years after it first put the business up for sale. The German flagship carrier hopes the...
China’s Sinochem weighs sale of entire 37% stake in Pirelli – Bloomberg News
China’s Sinochem Holdings Corp, the biggest investor in Pirelli & C SpA, is considering selling its entire 37% stake in the Italian tyremaker, Bloomberg News reported on Wednesday, citing people familiar with...
Pawan Hans sale set to be junked
The government is set to scrap the winning bid for the sale of helicopter service provider Pawan Hans and may not seek fresh bids for the defence public sector enterprise, thus scrapping its disinvestment altogether...
Broadcom banks on early EU approval of $61 billion VMware deal
U.S. chipmaker Broadcom will seek early European Union antitrust approval of its proposed $61 billion buy of cloud computing company VMware by pointing to competition from Amazon, Microsoft and Google, people familiar...
Indian Hotels, Oberoi among companies keen to buy Westin Kolkata
Tata Group-promoted Indian Hotels, Oberoi Realty, Brookfield Advisors and Goldman Sachs-backed SAMHI Hotels are among 38 companies that have shown interest in acquiring Westin Kolkata Rajarhat Hotel, said people aware...