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...
daily
HOV Services to acquire 30% stake in two companies
HOV Services to acquire 30% stake in two companies Pune-based BPO firm HOV Services today said it will acquire 30 per cent stake in TRAC Holdings, LLC (Tracmail) and SAM Holdings, LLC from US private equity firm Handson...
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...
Shrachi Securities equity Shareholders to approve Scheme of Amalgamation
Shrachi Securities equity Shareholders to approve Scheme of Amalgamation Shrachi Securities Ltd has informed BSE that pursuant to the Order of Hon’ble High Court of Calcutta, separate meetings of the equity...
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...
Hutchison on Hutch-Essar: Talk only over $14bn
Hutchison on Hutch-Essar: Talk only over $14bn 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...
M&M, Tafe eye Actis’ 29% in Punjab Tractors
M&M, Tafe eye Actis’ 29% in Punjab Tractors Tractor companies Mahindra & Mahindra (M&M) and Tafe are interested in buying private equity fund Actis’ 29% stake in Punjab Tractors (PTL)...
Oracle gets low response for i-flex open offer
Oracle gets low response for i-flex open offer Enterprise software leader Oracle has received a low response to its open offer for 2.83 crore shares of banking software firm i-flex Solutions as some shareholders have...
Sun TV equity shareholders to approve Scheme of Amalgamation & Arrangement
Sun TV equity shareholders to approve Scheme of Amalgamation & Arrangement Sun TV Ltd has informed BSE that pursuant to the Order of Hon’ble High Court of Judicature at Madras, a meeting of the equity...
Vodafone, Essar set for bid
Vodafone, Essar set for bid As top bosses of Vodafone and Essar arrived in Hong Kong to negotiate a deal for acquiring Hutchison Telecom’s Indian business, its parent company has indicated it will not consider any...
Vodafone joins race for Hutchison Essar stake
Vodafone joins race for Hutchison Essar stake Vodafone, the world’s second largest cellular company by subscribers, has confirmed that it is interested in buying controlling stake in Indian mobile company...
Hutch cup final: Vodafone takes on RCL
Hutch cup final: Vodafone takes on RCL Let’s take a Christmas break. As India-born Vodafone chief executive Arun Sarin, with the backing of his board, prepares to take on Anil Ambani for control of Hutch...
