GE, Microsoft in healthcare software joint venture
Reuters 10:38 AM | December 08,2011
The 50-50 venture, which is yet to be named, will initially employ about 700 people and be based near Microsoft’s headquarters in Redmond
UTC India revenue to touch $2.5 bn with Chennai acquisitions
Anupama Chandrasekaran and Vidya Padmanabhan 12:30 PM | December 02,2011
United Technologies Corp announced the acquisition of two Chennai-based companies – building management business Sauter Race Technologies Pvt. Ltd and Agnice Fire Protection Ltd.
Singapore’s Invida pays $25 mn for Indian co’s brands
Reuters 05:33 PM | November 16,2011
Invida paid about Rs 127 crore ($25 million) to acquire Shalaks’ brands sold in India
JNPT signs MoU with Venice Port Authority
PTI 04:13 PM | November 07,2011
Jawaharlal Nehru Port Trust expects to strengthen the relationship and enhance direct shipping to and from Venice
Videocon looking to sell stake in unit for $75-$100 mn: Sources
Reuters 06:58 PM | November 04,2011
The company is looking to sell a 25% stake in its DTH broadcast services business
Dentsu scouting for partnerships in India to drive growth
05:39 PM | November 02,2011
In January this year, Dentsu had bought out the respective 26% equity stakes held by Mogae Consultants Pvt Ltd
Fortis’ Singapore buy valued at $665 mn
Namrata Nandakumar & Moulishree Srivastava 10:13 PM | November 01,2011
After a merger, the combined entity, which will be renamed Fortis Healthcare Ltd, will have a network of 74 hospitals in 10 Asia-Pacific countries, along with 190 diagnostic centres and 188 daycare specialty centres
Sony buys Ericsson out of mobile phone venture
Tarmo Virki / Reuters 09:50 PM | October 27,2011
The deal to buy out its Swedish partner gives Sony ownership of certain handset patents held by Ericsson and will enable it to integrate the joint venture’s output with its own range of products and content
G4S to buy Denmark’s ISS in $8.2 bn deal
Matt Scuffham/Reuters 05:49 PM | October 17,2011
G4S will have pay £1.53 bn – half in cash and half in shares – for the facilities management group and will raise £2 bn to help fund the deal through a fully underwritten rights issue and assume ISS’s debt of £3.67 bn
Apollo Hospitals plans expansion in Africa
Utpal Bhaskar 10:51 PM | October 16,2011
Apollo Hospitals plans expansion in Africa
Sahara acquires 42.5% of Force India
Tarun Shukla & Amrit Raj 11:36 PM | October 12,2011
Sale of shares in the Formula One team will bring Mallya’s stake to the same level; Mol’s holding drops to 15%
RIL to sign deal with Disney’s UTV
Reuters 10:54 AM | October 10,2011
The deal by Reliance with UTV Software , in which Disney controls 50.44%, is expected to be completed in the coming weeks, he Financial Times said
Sanofi’s acquired companies to retain local indentity
C. H. Unnikrishnan 10:02 PM | October 05,2011
Emerging markets, particularly India, to drive growth, account for 38-40% of sales in 2015 from 29% in 2010
Indian M&A deals down by 56% to $5.91 bn in Q3
PTI 01:28 PM | October 05,2011
During the third quarter of this calendar year, there was a significant increase in cross-border transactions, wherein 63 such deals worth $4.88 billion were announced, accounting for over 80% of the total value of M&A deals
Antitrust body seeks tighter M&A norms
Sangeeta Singh 12:31 AM | October 05,2011
The Competition Commission of India has written to the ministry of corporate affairs seeking the change in the competition law
GlobalLogic acquires US based consultancy firm Method
PTI 04:52 PM | September 28,2011
The acquisition will help GlobalLogic to better serve clients in social media, mobile commerce, IPTV, medical devices and tablet computing segments
Ipca Laboratories plans Indonesian acquisition
PTI 03:01 PM | September 28,2011
The company has put together a $20 million war-chest for the acquisition, to be made within the next few months
September quarter M&A volume lowest in six years
Sneha Shah 12:03 AM | September 27,2011
At a time when the global M&A volumes were up 7% for the first nine months ended September, Indian markets saw volumes drop 31% because of higher valuations of firms and fears of an impending slowdown
M&A bankers seek action as economies sink
Michael Erman & Victoria Howley / Reuters 06:38 PM | September 23,2011
High-yield debt that serial acquirers in the private equity world rely on for deal-making has become harder to find
Mercator Lines buys 50% stake in Indonesia coal mine
Reuters 05:15 PM | September 21,2011
Mercator said its Singapore based unit has acquired 50% stake in a coal mine concession in East Kalimanthan, Indonesia