AWG agrees to $4.1 bn bid offer from Osprey British water firm AWG said on Monday it has agreed a £2.2 billion ($4.1 billion) takeover offer from Osprey, an investment group including Canadian, Australian and...
Wockhardt acquires Pinewood in Ireland for $150 mn
Wockhardt acquires Pinewood in Ireland for $150 mn Wockhardt Ltd on October 03, 2006, has announced the acquisition of Pinewood Laboratories Ltd, the largest and fastest growing branded generic pharmaceutical company in...
Fortis to offload 25% stake through IPO
Fortis to offload 25% stake through IPO Fortis Healthcare, the healthcare company owned by the promoter family of Ranbaxy Laboratories, has decided to raise funds through an initial public offer (IPO). The company has...
Wockhardt acquires Irish generic co
Wockhardt acquires Irish generic co Wockhardt Ltd has acquired Pinewood Laboratories Ltd, an Irish generic-drugs maker in an all-cash deal worth $150 million (about Rs 686 crore). Pinewood reported sales of over $70...
Anil Agarwal ready to buy out govt in HZL, Balco; to meet FM
Vedanta Resources Chairman Anil Agarwal today said he is ready with Rs 8,000 crore for buying the government’s residual equity in Balco and Hindustan Zinc, for which he will meet the Finance Minister this month...
Tata Steel Global acquires more shares in Riversdale Mining
Tata Steel Global Minerals Holdings Pte Ltd, an indirect wholly owned subsidiary of Tata Steel Ltd, on Thursday acquired additional shares of Riversdale Mining Ltd (RML), Australia, through market purchases, taking the...
MBK to buy Taiwan cable firm for $1.6 billion: reports
MBK to buy Taiwan cable firm for $1.6 billion: reports China Network Systems, Taiwan’s largest cable TV operator, has decided to sell itself to MBK Partners, in a deal expected to fetch up to $1.6 billion...
Lanco Infra buys out German firm’s stake
Lanco Infratech Ltd through its subsidiary Lanco Amarkanatak has bought out a German lending agency’s stake in the 2×300 MW project for about Rs 48 crore. This is part of the share purchase agreement executed...
IDBI – Government of India sanctions Scheme of Amalgamation
IDBI – Government of India sanctions Scheme of Amalgamation Industrial Development Bank of India Ltd (IDBI) has informed BSE that the Government of India has sanctioned the Scheme of Amalgamation of The United...
LKB, Centurion Bank to approach RBI
LKB, Centurion Bank to approach RBI Having obtained shareholders’ consent, Lord Krishna Bank and Centurion Bank of Punjab are slated to approach the Reserve Bank of India on Tuesday, to take the merger proposal...
Viacom nears deal for 50% in Sahara One
Viacom nears deal for 50% in Sahara One Global media giant Viacom, which owns brands such as CBS, MTV and Paramount Pictures, is close to buying 50% in the Subroto Roy-controlled Sahara One Media and Entertainment for...
Nicholas Piramal announces acquisition of balance 51% equity stake in Boots Piramal Healthcare
Nicholas Piramal announces acquisition of balance 51% equity stake in Boots Piramal Healthcare Nicholas Piramal India Ltd has announced on September 29, 2006 the acquisition of balance 51% equity stake held by The Boots...
