Kerala is a loser in BPCL-KRL merger, say experts The recent merger of Kochi Refineries Ltd (KRL) with Bharat Petroleum Corporation Ltd (BPCL) is considered by many experts here as a loss to Kerala. "The State has...
PM to talk afresh with allies on divestment
PM to talk afresh with allies on divestment Prime Minister Manmohan Singh on Sunday said he would discuss the issue of stake sales in public sector undertakings before moving forward with divestment plans. In July...
ASK likely to buy out Raymond James in JV
ASK likely to buy out Raymond James in JV ASIT Kotecha-owned ASK Investment & Financial Consultants is learnt to be buying out its partner Raymond James from the boutique investment and wealth management firm ASK...
SAIL taking M&A route to raise value for stakeholders
SAIL taking M&A route to raise value for stakeholders In line with the global trend of consolidation in the steel industry, the Steel Authority of India Ltd (SAIL) too is taking the route of merger and acquisitions...
Tripex Overseas – Acquisition
Tripex Overseas – Acquisition Tripex Overseas Ltd has informed BSE that the Company is in process of acquiring a unit / undertaking engaged into the production of H Acid / V acid and European K. The capacity of...
Merck to acquire biotech firm Serono for $13.3 bn
Merck to acquire biotech firm Serono for $13.3 bn German drugmaker Merck unveiled a surprise 16.6-bn-Swiss franc ($13.3 bn) deal to buy Swiss biotech firm Serono on Thursday, creating a new force in European...
Drug maker Merck to buy Swiss Serono for $13.5 bn
Drug maker Merck to buy Swiss Serono for $13.5 bn Merck KGaA, the German drug maker that lost a bid for rival Schering AG this year, agreed to buy Switzerland’s Serono SA for €10.6 billion ($13.5 billion) to...
Merger: UWB board to meet again on Sept 26
Merger: UWB board to meet again on Sept 26 The board of United Western Bank (UWB), which met on Friday to consider the draft scheme of merger with IDBI, has decided to meet again on September 26. A bank official said...
UWB board to meet again on Sept 26
UWB board to meet again on Sept 26 The Board of United Western Bank (UWB) will meet again on September 26 to discuss the RBI’s draft amalgamation scheme to merge the bank with IDBI. The board of directors of the...
Essar ups holding in steel to 87%, skirts open offer
Essar ups holding in steel to 87%, skirts open offer The Essar group has scaled up its holding in Essar Steel to 87.09 per cent from 74.82 per cent through a merger, thereby avoiding an open offer. Asia Steel Holdings...
Whyte & Mackay wants Mallya to shell out more
Whyte & Mackay wants Mallya to shell out more The Vijay Mallya-led UB group emerged front-runner with $870 million bid to acquire the Glasgow-based company Bob Brannman, managing director, is insisting that the...
AppLabs acquires UK consultancy
AppLabs acquires UK consultancy Software testing and development services company AppLabs Technologies has acquired IS Integration, a UK-based IT and business solutions testing consultancy, for $37 million (Rs 170...
