M&A

RIL all set to make India`s biggest ever global acquisition

Reliance Industries is all set to make the country`s biggest global acquisition if it emerges as the successful bidder for bankrupt LyondellBasell-- one of the world`s largest polymers, petrochemicals and fuels company.

Godrej eyeing Rs 1,000 crore acquisitions globally

FMCG firm Godrej Consumer Products
Ltd is looking at several acquisition opportunities globally and has earmarked a budget of Rs 1,000 crore for the purpose.

Govt may take six months to notify CCI`s M&A norms

The government may take at least
six months more to notify the crucial provisions of the
Competition Act that would empower competition watchdog CCI to
scrutinise high value mergers and acquisitions.

EU approves Merck, Schering-Plough tie-up

The European Union has approved the tie-up of drugmakers Merck & Co. and Schering-Plough Corp. which makes the combined U.S. company the second-biggest global producer of prescription medicines.

TRAI to come out with consultation paper on M&A norms

Telecom regulator TRAI on Tuesday said
it will float a consultation paper on merger and acquisitions
in the sector by the next month, a move that could unleash the
second wave of consolidation in the sector.

Firms worldwide continue their M&A spree despite slump: KPMG

Notwithstanding the slump in the global market,the appetite for merger and acquisitions by companies both in the developed as well as emerging market economies like India and China continued to be robust, a survey says.

Global technology M&A tally hits USD 31.4 bn for Sep `09

The global merger and acquisition
activity in the technology sector touched a whopping USD 31.4 billion this month, the highest monthly volume for technology targeted M&A since May 2008.

Horror of Lehman`s fall haunts global M&A space

The ripple effects of the fall of
Lehman Brothers in September last year is evident in the field
of global mergers and acquisitions (M&A), which shrank by
nearly 40 per cent in the 12-month period since then.