* 2016 was third-biggest year for M&A on record * Global M&A volume fell 17 pct to $3.6 trln vs 2015’s record * China outbound cross-border M&A a record $221 billion * Transformative deals include...
Tata Steel to acquire BRPL at enterprise value of Rs 900 crore
Tata SteelBSE -1.50 % has struck a deal to acquire 100% equity in Odisha-based Brahmani River Pellets (BRPL) at an enterprise value of Rs 900 crore, even as the Tata group and Cyrus Mistry air their differences before...
Statistics indicate a good pipeline for M&A deals: Srividya Gopalakrishnan
Private equity (PE) funds in India continue to attract significant investments from limited partners as their overall return on the portfolio is good, even if they have not seen success on exits for every portfolio...
Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval
Shareholders of U.S. seeds and agrochemicals company Monsanto Co (MON.N) approved the company’s $66 billion acquisition by Bayer AG (BAYGn.DE) on Tuesday, a deal that still requires regulatory approval to close as...
Temasek cut stake in Alibaba in third quarter, filing shows
Singapore: Temasek Holdings Pte pared its investment in Alibaba Group Holding Ltd in the third quarter, as shares of China’s biggest online retailer rallied while emerging as a shareholder of software maker Dell...
China Pumps the Brakes on U.S. Dealmaking After Trump Win
Chinese buyers keen to continue 2016’s rapid dealmaking under a Donald Trump presidency are being given one piece of advice: Wait and see. Bankers and lawyers are already counseling some Chinese clients to hit the pause...
Bayer-Monsanto Deal: Creating an Agriculture Powerhouse
Sealing the biggest global M&A deal of this year, Bayer will buy US-based Monsanto for $66 billion including debt to create the world’s biggest supplier of seeds and pesticides company. The two companies will have a...
U S states join Dow-DuPont merger probe: Sources
U S state attorneys general have joined a federal antitrust probe of the planned merger between DuPont and Dow Chemical Co , according to three people familiar with the matter, heightening risks to a deal that could...
In M&A, ratings soft-pedal risks in borrowing binge
Mexico City: A decade after the triple-A failures of the subprime era, grade inflation is back on Wall Street. This time, Moody’s Investors Service and S&P Global Ratings Inc. are cutting companies slack on mergers...
How China’s Dealmakers Pulled Off a $207 Billion Global Spree
When a Chinese home-appliance company announced a plan in May to become the largest shareholder in one of Germany’s most advanced robot manufacturers, the backlash was immediate. German politicians and European...
Dell CEO Sees More Acquisitions, Investment in Third ‘Act’
Michael Dell, just weeks after completing his company’s massive merger with EMC Corp., said he plans to keep making acquisitions and investing, taking advantage of the freedom to make long-term bets as a closely held...
Qualcomm and NXP Should Meet in the Middle on Merger Price
Qualcomm and NXP Semiconductors are reportedly just $10 a share apart in price negotiations over their potential merger. What would a deal look like if they just met in the middle? Talks between the two companies are...