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Quick IDBI-UWB integration must In order to reap the benefits of the proposed amalgamation with United Western Bank (UWB), the key remains how fast the integration of the Satara-based bank with IDBI is undertaken, feel...

Videocon, Daewoo spar over NDA Videocon and Daewoo Electronics were squabbling on Wednesday, making allegations against each other of breach of a confidentiality agreement in regard to a deal under which the Indian...

Electrolux may be takeover target Bondholders are growing concerned that Electrolux AB, the world’s second-biggest maker of household appliances, may be a takeover target, according to traders betting on the...

HCs okay Balsara cos’ merger with Dabur The High Courts of Delhi and Mumbai today approved the merger of the three Balsara companies with Dabur India Ltd. With the completion of this merger, Dabur India expects to...

IDBI snaps up United Western The Reserve Bank of India today told IDBI to acquire the distressed United Western Bank, which the central bank had put under moratorium on September 2. In the process, IDBI bested a long...

Infotech M&A valuations up 95% This is just another testament of the domestic infotech sector starting to dominate the global stage. In the spate of mergers and acquisitions announcements in the last eight months...

United Western Bank – Draft Scheme of Amalgamation with IDBI United Western Bank Ltd has informed BSE that subsequent to the Order of Moratorium dated September 02, 2006, the RBI on September 12, 2006 has placed...

Infrasoft plans 2 buyouts in US, UK Banking service solution provider Infrasoft Technologies plans two acquisitions in the US and UK to expand its global footprint. The company is also planning to dilute 25-30 per cent...

IDBI wins battle for United Western Bank Taking bankers by surprise, the RBI today announced the amalgamation of the sick United Western Bank (UWB) with IDBI Ltd. The draft scheme for merger, placed in the public domain...

DoT rider on offshore telecom M&As Offshore mergers and acquisitions involving Indian telecom companies, where a foreign firm secures a board position in domestic telecom majors, will require government approval...

IDBI-UWB merger: A win-win deal The shareholders of UWB could not have asked for a better price to exit. IDBI has offered to pay Rs 28 per share to the shareholders of UWB. This is at a 30 per cent premium to its...

Shivalik Global Board to consider Scheme of Amalgamation Shivalik Global Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 20, 2006, to approve the draft Scheme of...