M&A
Consumer
Diageo may launch another open offer for United Spirits, picks 1.3% for over $75M
Diageo Plc, the world’s largest spirits maker by revenue, is expected to launch another open offer to try and buy ......
Healthcare
Ascent Capital-backed Skanray acquires healthcare business of Pricol
Mysore-based medical device company Skanray Technologies Pvt Ltd has acquired healthcare business of Coimbatore-based auto component maker Pricol Ltd for ......
Healthcare
Bafna Pharmaceuticals looking to raise capital; Mylan said to be among suitors
Chennai-based small size drugmaker Bafna Pharmaceuticals Ltd is looking at various options to raise capital, as per a stock market ......
TMT
Hitachi to acquire Sequoia-backed payment solutions firm Prizm Payment
Japanese multinational engineering and electronics conglomerate Hitachi Ltd has announced that it has entered into a definitive agreement to acquire ......
TMT
Naspers paid $100M to buy 80% in redBus; Flipkart valued at $1.6B in latest funding
Its official, Naspers paid $100 million in cash to buy an effective 80 per cent stake in Pilani Soft Labs ......
Consumer
Diageo considers selling almost all of Whyte & Mackay as part of United Spirits deal
World’s largest spirits maker by revenues Diageo is considering selling majority of liquor business under Whyte & Mackay, now owned ......
Consumer
Celio raises stake in Future Group JV
Celio, a French menswear retailer, has increased its stake in a 50:50 (JV) with Kishore Biyani-led Future Group to 65 ......
Healthcare
Pfizer consolidating Indian units, to hold 63% after merging Wyeth
The world’s largest drug maker Pfizer is consolidating two public listed arms in India by merging Wyeth Ltd with Pfizer ......
Manufacturing
ArcelorMittal, Nippon Steel to buy Thyssen US plant for $1.55B
Arcelormittal and Nippon Steel & Sumitomo Metal Corp agreed to buy ThyssenKrupp's steel plant in the United States for $1.55 ......
Consumer
Pearson sells Mergermarket for $624M to BC Partners
British media and education group Pearson said on Friday it had sold its M&A-focused Mergermarket news service for 382 million ......