Indian property developer Unitech Ltd is trying to sell its telecom tower-making business for up to 7.5 billion rupees ($157.6 million) as part of its deleveraging initiatives, a newspaper said on Tuesday. Unitech...
Sujana Metal – Updates on Scheme of Arrangement & Amalgamation
Sujana Metal – Updates on Scheme of Arrangement & Amalgamation Sujana Metal Products Ltd has informed BSE that the Scheme of Arrangement between the Company and Sujana Towers Ltd (STL) and the Amalgamation of...
Hutch deal, if thru, to top M&A table’
Hutch deal, if thru, to top M&A table’ The Hutchison Essar deal, if it happens, will catapult the telecom sector on top of the M&A table in terms of value at $16 billion, which is 35 per cent of the total...
Aurobindo unit buys Dutch firm Pharmacin
Aurobindo unit buys Dutch firm Pharmacin Netherlands-based Agile Pharma BV, a wholly-owned subsidiary of Aurobindo Pharma, has entered into a share purchase agreement with Jerim BV and Jonghoud International BV to...
Vodafone shareholders fear co may overpay
Vodafone shareholders fear co may overpay Caution against a bidding war with Reliance, Essar over Hutch stake Shareholders of UK’s Vodafone have raised concerns about the company’s bid for Hutchison...
Videocon’s acquisition of Daewoo hangs in balance
Videocon’s acquisition of Daewoo hangs in balance The much touted $730 million acquisition of Daewoo Electronics by Videocon-led consortium could fizzle out if creditors to the ailing Korean company reject a price...
Street M&A set to sizzle next year
Street M&A set to sizzle next year As hot as the mergers market is now, it’s about to get hotter. All the variables are in place for acquisitions in 2007 to surpass this year’s record $3.6 trillion. US...
Aban Offshore to make open offer for Sinvest
Aban Offshore to make open offer for Sinvest Aban Offshore Ltd has finally decided to make the mandatory open offer for Sinvest, Norway. The company had through its subsidiary in Singapore, Aban Singapore Pte Ltd...
Vodafone eyes Hutch’s 52% stake in JV
Vodafone eyes Hutch’s 52% stake in JV The battle for Hutch Essar is donning new shades. In a bid to comply with telecom FDI regulations, UK’s Vodafone Group, it is learnt, has set its sights on...
Deadline extended for Arcelor Mittal’s China buy
Deadline extended for Arcelor Mittal’s China buy China’s Laiwu Steel Co Ltd, which has agreed to sell a minority stake to Arcelor Mittal, said the two sides had extended the deadline for the deal to wait for...
Global M&As cross $4 trillion
Global M&As cross $4 trillion Arcelor-Mittal is year’s 4th biggest deal India Inc’s cross-border acquisitions may have topped $20 billion in 2006, but that is just a dot in the global M&A space...
Bharti may hive off telecom facilities
Bharti may hive off telecom facilities Bharti Airtel is looking at hiving off its telecom infrastructure into four companies to attract strategic and financial investors. Telecom infrastructure includes physical...
