Warren Buffett’s decision to take stakes in the four largest US airlines could be a first step to eventually taking over one of the companies, analysts said, citing his history in the railroad industry. “We view a full...
Burger King and Tim Hortons owner nears deal to buy Popeyes – sources
Restaurant Brands International Inc, owner of the Burger King and Tim Hortons fast-food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen Inc, people familiar with the matter said on Monday. The deal, which...
Top Mergers & Acquisitions worldwide
Unilever has rejected a surprise $143-billion takeover bid from US food company Kraft Heinz on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit. If completed, this...
Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion
Reckitt Benckiser Group Plc (RB.L) is in advanced talks to buy Mead Johnson Nutrition Co (MJN.N) in a $16.7 billion deal that would take the British consumer goods maker into the baby formula market and boost its...
Swiss chemicals maker Clariant may buy Mumbai’s Galaxy Surfactants
Swiss speciality chemicals maker Clariant AG is in advanced talks to acquire Mumbai-based chemical manufacturer Galaxy Surfactants Ltd, two people aware of the development said. The deal is potentially worth Rs1,300...
Brazil’s Hypermarcas to sell diaper unit to Ontex, source says
Hypermarcas SA (HYPE3.SA), Brazil’s most diversified pharmaceutical firm, has agreed to sell a diaper business to Belgium’s Ontex Group NV (ONTEX.BR) for about 1 billion reais ($300 million) in cash, a...
TVS Infrastructure in talks to buy 86% stake in MJ Logistics
Eredene Capital Plc is in talks with TVS Infrastructure Ltd to sell its entire stake in MJ Logistics Services Pvt. Ltd for approximately Rs80 crore, two people with direct knowledge of the matter said. “The AIM...
LT Foods forms joint venture with Japanese snack maker Kameda Seika
NEW DELHI: LT FoodsBSE 1.98 %, the maker of Daawat branded rice, and leading Japanese snack company Kameda Seika will jointly invest $10 million in a 51:49 joint venture to sell rice-based snacks in India. “Competing...
Singhi Advisors picks stake in Rakesh Jhunjhunwala-backed company
MUMBAI: City-based mid-market focused investment bank Singhi Advisors has picked up minority stakes in four companies across sectors by converting potential fee income into sweat equity, partnering with growth risk and...
M&A HAPPENINGS AT BOMBAY HIGH COURT
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals October 2016 September 2016 Agriculture 2 - Chemicals 4 1 Entertainments - 1 Financial Services 6 7 Information Technology 4 6 Investment 2...
Everstone Capital invests Rs 220 crore in Rubicon Research
NEW DELHI: Everstone Capital has invested Rs 220 crore in contract research and drug delivery company Rubicon Research, the latest investment by the mid-market private equity firm, as it steps up its deal-making pace...
Capillary Technologies buys e-commerce tech firm Sellerworx
Mumbai: Capillary Technologies Pvt. Ltd, which offers customer relationship management software and marketing analytics for retailers, has acquired Sellerworx Online Services Pvt. Ltd for an undisclosed amount in a...