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M&A

News Roundup: 4 Parties Interested in Buying Stake In United Spirits

General

09 March, 2009

News Roundup: 4 Parties Interested in Buying Stake In United Spirits

SpiceJet and GoAir Look at Consolidation - Low-cost carrier SpiceJet is in talks with the Wadia group-owned GoAir for either ......

Sterlite Buys US Copper Miner Asarco For $1.7 Billion

General

08 March, 2009

Sterlite Buys US Copper Miner Asarco For $1.7 Billion

Anil Agarwal-led Sterlite Industries has acquired the US-based bankrupt copper miner Asarco LLC for $1.7 billion. The two companies signed an ......

Motherson Sumi Buys Auto Rearview Mirror Maker Visiocorp For $31.6M

Others

08 March, 2009

Motherson Sumi Buys Auto Rearview Mirror Maker Visiocorp For $31.6M

Auto component maker Motherson Sumi has acquired the world’s largest automotive rear view mirror maker Visiocorp in a stock cum ......

Pyramid Samaira To Sell Stakes in Subsidiaries To Raise Working Cap

TMT

08 March, 2009

Pyramid Samaira To Sell Stakes in Subsidiaries To Raise Working Cap

Digital Entertainment company Pyramid Saimira Theatre Ltd (PSTL) has proposed to sell stakes in some of its subsidiaries so that fresh ......

News Roundup: UB Group May Sell Stake In Beer Company

General

07 March, 2009

News Roundup: UB Group May Sell Stake In Beer Company

The Mobile Store in Talks to Buy Calling Cards Company, Matrix - Essar group owned The Mobile Store (TMS) is ......

Aviva Plans Asset Management Biz In India; Greenfield or Inorganic

General

06 March, 2009

Aviva Plans Asset Management Biz In India; Greenfield or Inorganic

Aviva is planning to start asset management business in India. The UK based insurance major who has a partnership with ......

Satyam Gets Approval To Sell 51% Stake

TMT

06 March, 2009

Satyam Gets Approval To Sell 51% Stake

Fraud-hit Satyam Computer Services said it has received approval from SEBI to sell a 51 percent stake in the company ......

Malaysian Firm Carotino Acquires 50% Stake in Synergy Foods

Others

05 March, 2009

Malaysian Firm Carotino Acquires 50% Stake in Synergy Foods

Malaysian firm, Carotino SDN BHD, a subsidiary of the J C Chang Group, has bought 50% stake in the Pune ......

Telsima Sold For $12M; Investors' $80M Flushed Out

TMT

04 March, 2009

Telsima Sold For $12M; Investors' $80M Flushed Out

A company that had raised about $70-80 million in venture capital has been sold for a song. The US and ......

Acme Invests $30 Mn In US-based Solar Power Firm

Infrastructure

04 March, 2009

Acme Invests $30 Mn In US-based Solar Power Firm

Gurgaon-based telecom power solutions firm Acme Group has made an investment of $30 million for a 5% stake in California-based ......

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