The Tata group controlled Indian Hotels Company, which owns and operates the Taj Hotels Resorts and Palaces, has decided to discontinue its management contract for The Gateway Hotel Rawalkot Jaisalmer, the company said...
Sumitomo Mitsui sells 1.8% stake in Kotak Bank
Japan-based Sumitomo Mitsui Banking Corporation on Tuesday sold 1.8 per cent stake in Kotak Mahindra Bank for Rs 3,433 crore, block deal data showed. Canada Pension Plan Investment Board picked up shares worth Rs 2,084...
Fiera Capital acquires Apex Capital Management for $145 mln
Fiera Capital more than doubles presence in u.s. Institutional market with acquisition of Apex Capital Management * Total consideration for Apex will be US$145 million * Deal expected to be immediately accretive, adding...
American Securities in exclusive talks to acquire NAPA
American Securities LLC is in exclusive talks to acquire North American Partners in Anesthesia (NAPA), valuing the largest U.S. specialty anesthesia management company at close to $1 billion, including debt, according...
Chinese pitch big M&A break-up fees, small stakes to allay U.S. regulatory fears
Chinese companies are offering to pay record break-up fees and are willing to settle for minority stakes in U.S. mergers and acquisitions in an attempt to assuage concerns of potential overseas partners about regulatory...
ICE Said to Explore Bid for LSE to Thwart Deutsche Boerse
Intercontinental Exchange Inc. is exploring a counter bid for London Stock Exchange Group Plc, according to people familiar with the matter, attempting to scuttle a planned merger with Deutsche Boerse AG that would...
Key Drivers of a Healthy Market for M&A Deals
Dale Stafford, head of M&A Americas at Bain & Co., discusses the global outlook and impact on mergers and acquisitions. He speaks on “Bloomberg ‹GO›.” See the whole video at
What Are Newmont Mining’s Acquisitions Plans?
Newmont Mining CEO Gary Goldberg discusses the company’s mergers and acquisitions outlook. He speaks on “Bloomberg Markets.” (Source: Bloomberg) Watch the whole video at
How Ultratech gains amply from JP’s cement plants’ acquisitions.
Ultratech Cement’s acquisition of 22.4 MT cement assets of J P Associates is a prudent step in the direction of preparing the groundwork of securing readymade cement capacity and benefit amply once the cement...
Sembcrop looks to buy two power projects in next 18 months.
Singapore-based power company Sembcorp today said it is looking to acquire two power projects, one brownfield and another greenfield, with combined capacity of nearly 1200 MW in the next 12 to 18 months. According to...
Dream Office REIT looking to sell Scotia Plaza stake
Dream Office Real Estate Investment Trust is working with TD Bank and CBRE to sell half of its stake in Toronto’s Scotia Plaza, Canada’s second tallest office building, according to two sources familiar with...
Bombay High Court rejects UltraTech Cement’s plan to buy JP Associates’ plants in MP>
Fifteen months after India’s largest cement company by capacity UltraTech Cement had agreed to buy JP Associates’ two cement assets in Madhya Pradesh, the Bombay High Court has rejected the scheme of...
