3i completes SDG amalgamation 3i Infotech Ltd has informed the BSE that consequent to the approval of the Andhra Pradesh High Court and the filing of the order with the Registrar of Companies at Hyderabad, the company...
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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...
Deadline extended for Arcelor Mittal’s China buy
Deadline extended for Arcelor Mittal 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 Beijing’s...
Hutch benchmarks the offer price at $14-bn
Hutch benchmarks the offer price at $14-bn As top bosses of Vodafone and Essar arrived here to negotiate a deal for acquiring Hutchison Telecom’s Indian business, its parent company has indicated it will not...
Videocon’s Daewoo bid in troubled watersVideocon’s Daewoo bid in troubled waters
Videocon’s Daewoo bid in troubled waters Videocon Industries’ ambitious plan to take over Daewoo Electronics for $750 million is in troubled waters, with the creditors not agreeing to a proposal to reduce...
Sujana group cos’ amalgamation gets shareholders nod
Sujana group cos’ amalgamation gets shareholders nod The scheme of arrangement between Sujana Metal Products Ltd (SMPL) and Sujana Towers Ltd (STL) and the amalgamation of Sujana Steels Ltd (SSL) with SMPL has...
