M&A Critique

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ArcelorMittal to form JV with GVK Power

ArcelorMittal to form JV with GVK Power ArcelorMittal is set to form a joint venture (JV) with power producer GVK Power for a 12 million tonne (MT) greenfield coal project in Jharkhand. The JV is likely to be set up in...

Rain Calcining merger record date

Rain Calcining merger record date Rain Calcining Ltd has said that the board of directors of Rain Commodities Ltd (Transferee Company) at its meeting held on December 6, fixed January 2, 2008 as the record date for...

Rasna to buy Bangla firm

Rasna to buy Bangla firm Soft drink concentrate maker Rasna is close to acquiring a distribution company in Bangladesh. Rasna executives, however, did not disclose the name of the target company and the deal size...

MSL to buy Romania-based seamless plant

MSL to buy Romania-based seamless plant Maharashtra Seamless (MSL) – a flagship company of the Rs 3,000 crore turnover DP Jindal Group – announced that the parent company is acquiring Romania-based seamless...

Taro to vote on merger with Sun in Q1

Taro to vote on merger with Sun in Q1 Taro Pharmaceutical Industries’ crucial shareholder meeting to vote on the proposed merger with India’s Sun Pharma will be held in the first quarter of 2008, the Israeli...