Merck to buy biotech firm Sirna for $1.1 bn Merck & Co Inc on Monday said it agreed to acquire biotechnology firm Sirna Therapeutics Inc for $1.1 billion in cash to gain a stronger foothold in the promising drug...
Merck to acquire biotech co Sirna for $1.1bn all cash
Merck to acquire biotech co Sirna for $1.1bn all cash Pharmaceutical company Merck said it agreed to pay an eye-popping $1.1bn to buy Sirna Therapeutics, a tiny biotechnology firm developing drugs based on new...
Rel Infra buys 51% stake in Reliance Cementation
Anil Ambani-led Reliance Infrastructure today said it has acquired 51 per cent of Reliance Cementation from its group company Reliance Natural Resources (RNRL). "The company has acquired 51 per cent of Reliance...
M&A deal vol tanks 73% to $5.4 bn in H1’09
The global credit crunch has taken toll on the country’s merger and acquisition (M&A) activities with the total announced deal volume slumping by 73 per cent to $5.4 billion in the first half of the year...
Kanbay deal likely to trigger IT M&As
Kanbay deal likely to trigger IT M&As In a bid to boost their presence in India, multinationals could be scouting for more buys over the next 12 months. French consulting major Capgemini’s buyout of Kanbay...
Shadi Lal to acquire Monnet Sugar’s mill
Shadi Lal to acquire Monnet Sugar’s mill The consolidation process in the sugar industry has received a fresh impetus, with Monnet Sugar Ltd executing an agreement to sell its mill to Sir Shadi Lal Enterprises Ltd...
Capgemini to acquire Kanbay Intl
Capgemini to acquire Kanbay Intl Europe’s largest IT services and consultancy company Capgemini agreed to acquire US-based Kanbay International on Thursday, saying the merger would enhance its delivery platform in...
Munjals in talks to buy Honda`s African units
Munjals in talks to buy Honda`s African units Hero Honda Motors Ltd is likely to acquire the low-volume subsidiaries of Honda Motor Company in Nigeria, South Africa, Egypt and other African countries. Hero Honda, a...
Wipro Infotech acquires 3D networks
Wipro Infotech acquires 3D networks Wipro Infotech, an arm of India’s third-largest software services exporter Wipro Ltd, on Thursday said it was acquiring 3D Networks Pte and Planet PSG, part of Malaysia-based...
Rajeev Chandrasekhar buys 51% in Asianet
Rajeev Chandrasekhar buys 51% in Asianet Rajeev Chandrasekhar, the former telecom czar is rapidly expanding his footprint in the entertainment space. He has acquired a 51% stake in leading Malayalam TV channel, Asianet...
AMD to buy ATI for $5.4bn
AMD to buy ATI for $5.4bn Advanced Micro Devices (AMD) finalised its $5.4bn purchase of graphics chip maker ATI Technologies on Wednesday, a merger that almost didn’t happen due to its falling stock and a...
ChrysCap, TA Associates, Citigroup buy 10% in Idea
ChrysCap, TA Associates, Citigroup buy 10% in Idea Three private equity players — India’s ChrysCapital, TA Associates of the UK and Citigroup — have picked up a 10 per cent stake in Aditya Birla group...
