Bankers see healthy financial firm mergers ahead Mergers and acquisitions involving US financial institutions are still on the increase, and Wall Street dealmakers say conditions are right for the pace to continue...
Keynote Corporate Equity Shareholders approve Scheme of Amalgamation
Keynote Corporate Equity Shareholders approve Scheme of Amalgamation Keynote Corporate Services Ltd has informed BSE that the court convened Meeting of the Equity Shareholders of the Company held on November 03, 2006...
Vectra acquires Czech truck major Tatra
Vectra acquires Czech truck major Tatra Construction equipment manufacturer Vectra, today announced that the company along with its consortium of investors has bought a 80.5 per cent stake in the Czech Republic based...
Reliance Capital to acquire Travelmate Services
Reliance Capital to acquire Travelmate Services Reliance Capital Ltd has announced that it has agreed to acquire 100 per cent of the equity share capital of Travelmate Services (India) Pvt Ltd, subject to necessary...
Sub-rule of takeover code resulting in loss to general shareholders
Sub-rule of takeover code resulting in loss to general shareholders Ambarish Mukherjee With a booming stock market and rise in the number of open offers that follow acquisitions, rampant use of a particular sub-rule ...
Reliance Capital to buy Swiss Kuoni’s arm
Reliance Capital to buy Swiss Kuoni’s arm India’s Reliance Capital Ltd. plans to acquire Swiss travel group Kuoni’s local foreign exchange trading firm, Travelmate Services (India) Pvt Ltd., for an...
M&As touch $24bn in 10 months of 2006
M&As touch $24bn in 10 months of 2006 VIVEK SINHA It’s raining deals, literally. India Inc has witnessed strategic M&A deals worth $23.7bn in the first ten months of ’06, both within the country as...
VVF to buy Colgate Palmolive’s Kansas, USA plant
VVF to buy Colgate Palmolive’s Kansas, USA plant VVF, one of India’s biggest producer of oleochemicals and personal care products, is buying Colgate Palmolive’s soap manufacturing plant in Kansas City...
Mondo TV S.p.A may pick up 10 pc stake in G V Films
Mondo TV S.p.A may pick up 10 pc stake in G V Films G V Films Ltd is close to signing an agreement with € 50.5-million Mondo TV S.p.A of Italy for co-production of animated cartoons in India for global market and...
FedEx buys out local franchisee for $30 mn
FedEx buys out local franchisee for $30 mn After 22 years of operating in India through a franchisee, FedEx Corporation, the world’s largest express transportation company, has decided to acquire Prakash Air...
Eicher Engg buys British Motors’ unit
Eicher Engg buys British Motors’ unit Eicher Engineering Components (EEC), the automotive component division of Eicher Motors Ltd (EML), has acquired the Dewas-based (Madhya Pradesh) transmission gear unit of...
China’s Baotou Steel may sell 49% stake to Mittal
China’s Baotou Steel may sell 49% stake to Mittal Baotou Iron & Steel, one of China’s largest steel makers, is in talks with the world’s top steelmaker, Arcelor Mittal, over the possible sale of...
