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M&A

AstraZeneca to buy Bristol-Myers Squibb's stake in diabetes JV for up to $4.1B

Healthcare

20 December, 2013

AstraZeneca to buy Bristol-Myers Squibb's stake in diabetes JV for up to $4.1B

AstraZeneca Plc, a global bio pharmaceutical company, has announced an agreement to acquire entire stake of Bristol-Myers Squibb Co (BMS) ......

DLF completes 74% stake sale in JV DLF Pramerica to Dewan Finance Corp

General

18 December, 2013

DLF completes 74% stake sale in JV DLF Pramerica to Dewan Finance Corp

India’s largest real estate player by market capitalisation DLF Ltd has completed sale of its 74 per cent stake sale ......

KKR to buy Chennai-based NBFC Motichand Finance

General

18 December, 2013

KKR to buy Chennai-based NBFC Motichand Finance

Investment major KKR & Co is picking up a 100 per cent stake in Chennai-based non-banking finance company, Motichand Finance ......

Allcargo Logistics to acquire controlling stake in the Dutch firm FCL Marine

Infrastructure

18 December, 2013

Allcargo Logistics to acquire controlling stake in the Dutch firm FCL Marine

Allcargo Logistics Ltd has acquired controlling equity stake in Netherlands-based logistics company FCL Marine Rotterdam through its wholly-owned arm Ecuhold ......

Essel Group bringing part of Diligent Media under Zee Entertainment

TMT

18 December, 2013

Essel Group bringing part of Diligent Media under Zee Entertainment

Essel Group’s Zee Entertainment Enterprises Ltd said that it has received its board of directors' approval to take over media ......

Usha Shriram in talks with Sudhir Gensets to sell 25% of lighting business for around $8M

Consumer

19 December, 2013

Usha Shriram in talks with Sudhir Gensets to sell 25% of lighting business for around $8M

New Delhi-based consumer durable company Usha Shriram Enterprises is looking to offload nearly 25 per cent equity stake in its ......

Future Retail seals minority stake sale in life insurance venture to IITL

General

17 December, 2013

Future Retail seals minority stake sale in life insurance venture to IITL

Kishore Biyani-led Future Group has sold 22.5 per cent stake in Future Generali India Life Insurance Company Ltd to Industrial ......

Texmaco seals takeover battle for Kalindee Rail, ups stake to 49% with open offer

Manufacturing

19 December, 2013

Texmaco seals takeover battle for Kalindee Rail, ups stake to 49% with open offer

Saroj Poddar-led Adventz Group’s Texmaco Rail and Engineering Ltd has won the takeover battle with Jupiter Metal for public listed ......

GDF Suez acquires 74% of Meenakshi Energy

Infrastructure

19 December, 2013

GDF Suez acquires 74% of Meenakshi Energy

French energy major GDF Suez has acquired 74 per cent equity stake in Meenakshi Energy from its parent Meenakshi Energy ......

Tesco to buy 50% in Tata's hypermarket chain Star Bazaar

Consumer

17 December, 2013

Tesco to buy 50% in Tata's hypermarket chain Star Bazaar

UK-based retail giant Tesco Plc is in discussions to pick a 50 per cent stake in Tata Group’s hypermarket retail ......

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