UTV makes new merger proposal for SMG Northern Irish broadcaster Ulster Television Plc has approached its Scottish-based peer SMG Plc with a new merger proposal that could create a media group worth about 400 million...
Ranbaxy: On acquisition spree
Ranbaxy: On acquisition spree Niraj Bhatt & Priya Kansara Ranbaxy has followed a strategy of buyouts and joint marketing of its products to garner higher exports sales. The Ranbaxy acquisition machinery chugs along...
L&T to buy 10% in City Union Bank
L&T to buy 10% in City Union Bank Engineering major Larsen & Toubro will pick up nearly a 10 per cent stake in the Kumbakonam-based City Union Bank for Rs 45 crore. The company will subscribe to the preferential...
Thomas Cook to acquire TCI
Thomas Cook to acquire TCI Thomas Cook India on Friday said that it would acquire Travel Corporation (India) Pvt Ltd (TCI) for Rs 182.45 crore. In addition to acquiring TCI, Thomas Cook also plans to acquire TT...
Man Industries equity shareholders & secured creditors approve Scheme of Demerger
Man Industries equity shareholders & secured creditors approve Scheme of Demerger Man Industries India Ltd has informed BSE that the secured creditors and equity shareholders of the Company at their respective court...
Ranbaxy buys SA-based Be-Tabs for $70mn
Ranbaxy buys SA-based Be-Tabs for $70mn Ranbaxy Laboratories has acquired Be-Tabs Pharmaceuticals, the fifth-largest generics company in South Africa, for $70 million. According to an official release issued by the...
Ybrant acquires MediosOne
Ybrant acquires MediosOne Ybrant Technologies Ltd on Wednesday announced it has acquired MediosOne, an Internet advertising network focused on global consumer base. The Colorado-based business facilitates Internet...
Ranbaxy acquires South African firm for Rs 315 cr
Ranbaxy acquires South African firm for Rs 315 cr In yet another overseas takeover, India’s largest drug maker Ranbaxy on Monday acquired South African drug firm ‘Be-Tabs Pharmaceuticals (Pty) Ltd’ for...
Mittal buys 3.33 pc stake in Indiabulls
Mittal buys 3.33 pc stake in Indiabulls Steel king Lakshmi Niwas Mittal has bought 3.33% in Indiabulls Infrastructure Development for Rs 111.75 crore in a move that gives him a foothold in the country’s fast...
Nod for Indo Rama Petro merger plan
Nod for Indo Rama Petro merger plan The board of Indo Rama Synthetics (India) Ltd (IRSL) today gave in-principle approval for an evaluation of the proposal for the merger of Indo Rama Petrochemicals Limited (IRPL) with...
Tackling people issues in M&As
Tackling people issues in M&As Rajiv Shirali STRATEGY: Flextronics has launched a slew of initiatives in integration after ownership changes. The communications software company known as Hughes Software Systems...
Foreign banks, ICICI make an M&A killing
Foreign banks, ICICI make an M&A killing India Inc strikes 85 deals totalling Rs 28,000 crore in April-November SITANSHU SWAIN & SUNITA JYOTI A clutch of foreign banks and ICICI Bank have made a killing as India...
