M&A Critique

Rayban asked to make open offer

Rayban asked to make open offer The Supreme Court has directed Rayban Sun Optics and Luxottica group to make a public announcement of an open offer to the shareholders of RayBan Sun Optics India under the Sebi takeover...

Decks cleared for BHPV-BHEL merger

Decks cleared for BHPV-BHEL merger Decks have been cleared for the merger of Visakhapatnam-based loss-making public sector undertaking Bharat Heavy Plate and Vessels Limited (BHPV) with state- owned Bharat Heavy...

GHCL arm acquires H W Baker

GHCL arm acquires H W Baker Dan River, a step down subsidiary of textiles and soda ash maker GHCL Ltd, has acquired the assets of H W Baker Lenin Co in US for $ 6.75 million (Rs 30.09 crore) through competitive bidding...

Essar springs surprise offer for Hutch

Essar springs surprise offer for Hutch The Essar group has made a surprise offer to buy the Hutchison group’s 67% stake in Hutchison-Essar at an estimated enterprise value of $17-18 billion. The offer was made...

Seagate to buy EVault for $185 mn

Seagate to buy EVault for $185 mn Seagate Technology announced the signing of a definitive agreement to acquire privately-held EVault Inc in a cash transaction valued at $185 million (around Rs 840 crore). EVault, a...

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