Dominion Resources Inc (D.N) said it would buy Questar Corp (STR.N) for about $4.4 billion in cash, the latest power producer to bet on stable revenues from natural gas distribution at a time when power demand is waning...
Medical device maker Stryker to buy Sage Products for $2.78 billion
Medical device maker Stryker Corp (SYK.N) said it would buy medical supplies maker Sage Products LLC for $2.78 billion, snapping up a major player in the market for products aimed at helping hospitals control the spread...
Abbott Labs to buy diagnostics company Alere for $5.8 billion
Abbott Laboratories (ABT.N) said it would buy Alere Inc (ALR.N) for $5.8 billion to become a leader in point-of-care testing, a fast-growing market as physicians increasingly adopt rapid tests that speed up treatment...
Western Refining to buy rest of Northern Tier
Dec 21 Western Refining Inc said it had reached an agreement to buy the shares of Northern Tier Energy LP it did not already own, in a deal that values the refiner at $2.43 billion. Northern Tier unitholders will now...
Castex Technologies Allots Shares
Even as the bond holders of Castex Technologies, formerly Amtek India, alleged manipulation, the company on Thursday converted around $80 million (Rs.530 crore) of bonds into equity. The Amtek group company...
Foreign Holding Company can Issue Shares-Scheme Structuring
FOREIGN HOLDING COMPANY CAN ISSUE SHARES, AS PART OF CONSIDERATION ON BEHALF OF INDIAN TRANSFEREE COMPANY GlobeOp Financial Services (India) Private Limited (Demerged Company) is having registered office at A/301...
Sebi-FMC Merger to Boost Commodities Trading
Commodities regulator Forward Markets Commission (FMC) was merged with the capital markets regulator Securities and Exchange Board of India (Sebi) in September 2015. It is for the first time that a regulator had been...
FDI in insurance upto 26 percent allowed via automatic route
The government on Friday said up to 26 per cent Foreign Direct Investment (FDI) in insurance companies will be allowed through automatic route, as it notified rules to increase foreign direct investment...
Acquisition of Distressed Assets
As banks and other traditional sources of capital find their balance sheets reflecting more and more under-performing assets, lending standards continue to tighten, leading to the well-publicized lack of commercial...