Shamrao Vithal to buy Bangalore-based co-op bank Shamrao Vithal Co-operative Bank (SVCB) will acquire Bangalore Central Co-operative Bank (Souvardha) Ltd. The deal, which may cost about Rs 150 crore, is likely to be...
How Indian firms finance their overseas M&As
How Indian firms finance their overseas M&As Most people would not think of United Phosphorus when discussing mergers and acquisitions. Yet, this Punjab-based exporter of agrochemicals has emerged as a star player...
Vodafone confirms its plans to acquire Hutch
Vodafone confirms its plans to acquire Hutch It’s finally happened. Vodafone has finally confirmed that it is planning to jump into the fray for acquiring Hutch Essar, along with Reliance. "The board of...
ITC, Marubeni ink deal for food biz
ITC, Marubeni ink deal for food biz Japanese trading house Marubeni today announced a tie-up with ITC for food business including exports of Indian beans. According to a release issued by Marubeni, the two companies...
M&M to acquire 90% stake in German firm
M&M to acquire 90% stake in German firm Leading utility vehicle manufacturer, Mahindra & Mahindra will acquire 90 per cent stake in Germany-based forging company, Schoneweiss & Co GmbH. Mahindra &...
EU OKs Tata takeover of Corus
EU OKs Tata takeover of Corus The European Union on Friday cleared the proposed takeover of British steelmaker Corus Group PLC by India’s Tata Steel. The European Commission’s antitrust office said the...
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...
M&M to acquire German forgings co
M&M to acquire German forgings co Mahindra & Mahindra (M&M) has said that it has agreed to acquire 90.47 per cent stake in German forging company Schoneweiss & Co GmbH of Germany for an undisclosed...
Tata Steel gets EU approval to buy Corus
Tata Steel gets EU approval to buy Corus The European Union on Friday cleared the proposed takeover of British steelmaker Corus Group PLC by India’s Tata Steel. The European Commission’s antitrust office...
Vodafone ropes in UBS as advisor
Vodafone ropes in UBS as advisor Likely to make an all-cash bid for Hutchison Essar. Vodafone has set the ball rolling for acquisition of a “controlling interest” in Hutchison Essar by appointing the UBS...
DuPont, Biocon keen to move into Genome Valley
DuPont, Biocon keen to move into Genome Valley The Genome Valley project, promoted by the Andhra Pradesh Government to make the State a hub for biotechnology companies, will get a shot in the arm with major companies...
