BNP Paribas completes acquisition of Sharekhan

Global banking major BNP Paribas has completed the acquisition of domestic retail brokerage firm Sharekhan, a move that will help it to expand presence in broking space in the country.

Nov 24, 2016, 23:34 PM IST
Fortis Healthcare shares climb nearly 5%

Fortis Healthcare shares climb nearly 5%

Shares of Fortis Healthcare rose nearly 5 percent Monday as the company completed the acquisition of 51 percent stake in Fortis Hospital and also acquired compulsorily convertible preference shares issued by Escort Heart Institute and Research Centre.

Oct 17, 2016, 16:48 PM IST
Verizon buys Yahoo for $4.8 billion: 10 things to know

Verizon buys Yahoo for $4.8 billion: 10 things to know

Internet giant Yahoo on Monday announced that it has agreed a USD 4.83 billion deal to sell its core business to US tech giant Verizon Communications.

Jul 25, 2016, 18:56 PM IST
Nokia moves to finalise acquisition of Alcatel-Lucent

Nokia moves to finalise acquisition of Alcatel-Lucent

The world's former top mobile phone maker had gained control of 80 percent of Alcatel-Lucent's shares by January but has struggled to mop up the remaining shareholders to gain full control of the company.

Jun 16, 2016, 16:58 PM IST
Wipro completes HealthPlan buyout earlier-than-expected

Wipro completes HealthPlan buyout earlier-than-expected

Country's third largest IT services firm Wipro Tuesday said it has completed its USD 460 million-acquisition of HealthPlan Services earlier than expected.

Mar 01, 2016, 20:46 PM IST
Wipro to acquire US-based HealthPlan Services for Rs 3,150 crore

Wipro to acquire US-based HealthPlan Services for Rs 3,150 crore

HealthPlan Services employs over 2,000 associates. It offers technology platforms to health insurance companies (payers) in the individual, group and ancillary markets.

Feb 11, 2016, 18:21 PM IST

Apollo Tyres buys out Germany's Reifencom for euro 45.6 mn

Apollo Tyres has acquired Reifencom GmbH, one of the largest tyre distributors in Germany, for euro 45.6 million (around Rs 301 crore).

Nov 16, 2015, 13:22 PM IST

Open for more acquisitions across Asia: ATC Asia Head

Boston-based American Tower Company, which recently signed a Rs 7,635 crore deal to acquire majority stake in Indian firm Viom Networks, is open to acquiring more telecom infrastructure companies in Asia.

Oct 25, 2015, 21:34 PM IST

Indian IT firms to step up acquisitions to boost growth: S&P

Indian IT companies are likely to step up acquisitions to strengthen their competitive position and boost slowing growth, a report by Standard & Poor's Ratings Services said Tuesday.

Oct 20, 2015, 19:44 PM IST
India among top 10 acquirers in US market this year

India among top 10 acquirers in US market this year

Majority of these deals were in the pharma sector, with six transactions totalling USD 1.5 billion, as Indian companies seek to increase their scale in the US generics market, said a report by Baker & McKenzie.

Oct 18, 2015, 20:28 PM IST

European Commission approves Shell's purchase of BG Group

The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.

Sep 02, 2015, 23:09 PM IST

Fairfax proposal to buy 26% in IIFL gets CCI nod

Fair trade regulator CCI has cleared Canadian investment holding company Fairfax's proposed acquisition of 26 percent stake in IIFL Holdings.

Aug 31, 2015, 21:20 PM IST

RBI makes changes in NBFCs management control more stringent

The Reserve Bank Thursday tightened the norms for acquisition/transfer of control of non-banking financial companies (NBFCs) by making it mandatory to seek prior approval from it.

Jul 09, 2015, 23:55 PM IST

Bulgarian investor charged in stock-rigging scheme

US securities regulators sued a Bulgarian investor Thursday for allegedly orchestrating bogus acquisition bids for Avon and two other companies in a stock-rigging scheme.

Jun 05, 2015, 04:34 AM IST

Intel close to deal to buy Altera for $16 billion: Sources

Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday.

May 29, 2015, 23:55 PM IST

CCI approves acquisition of Alstom's India assets by GE

Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Alstom's India assets by General Electric as part of global deal.

May 19, 2015, 19:18 PM IST

Zuari Group pledges 8.23% stake in MCFL to HDFC

Zuari Group has pledged its 8.23 percent stake in Mangalore Chemicals and Fertilisers Ltd (MCFL) to HDFC for partly financing its acquisition of 36.56 percent stake in the company.

May 18, 2015, 22:00 PM IST

IGATE's acquisition will make Vemuri richer by $19 million

IGATE's acquisition by French rival Capgemini will make its CEO Ashok Vemuri richer by over USD 19 million (about Rs 120 crore).

Apr 28, 2015, 19:43 PM IST

Yes Bank open to evaluating acquisition in AMC space

Private sector Yes Bank Tuesday said it is open to evaluating acquisitions for setting up of mutual fund business.

Mar 17, 2015, 22:06 PM IST

Snapdeal to soon get into acquisition mode

Snapdeal's founder and chief executive Kunal Bahl Friday said the e-commerce major is close to announcing an acquisition, which will play the role of an enabler for the platform.

Feb 13, 2015, 21:08 PM IST