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Teva poised to raise its stake in Mylan: Sources

The strategy is a sign of Teva`s commitment to its $40 billion bid for Mylan, as the latter presses on with its own $34 billion hostile bid for over-the-counter drug company Perrigo Company Plc .

UB Group to hike stake in MCFL; to buy shares from Zuari

Now, United Breweries (Holdings) Ltd (UBHL) has decided to exercise its option whereby both the company and Zuari Group would have equal stakes in MCFL.

Value of M&A deals involving Indian cos touch $28.6 bn in 2014

There were 376 cross-border transactions involving Indian companies with an overall deal value of USD 12.4 billion.

Wipro eyes firms with new biz models for buyouts

Wipro is scouting for acquisitions of technology cos which have new biz models and is evaluating a few candidates for large buyouts, a key official said.

US Postal Service seeks 30,000 job cuts via buyouts

The US Postal Service, the nation`s second-largest employer, offered buyouts on Tuesday to quickly slash up to 30,000 jobs as it grapples with declining mail volume and embraces more automation.