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Feb 04, 2012
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| Piramal Healthcare to acquire further 5.5% stake in Vodafone |
| India Infoline News Service/17:21,Feb 04, 2012 |
| The transaction follows the settlement between Vodafone and Essar over the sale of Essar’s approximately 33% stake in VIL. |
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Feb 03, 2012
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| Mergers & Acquisition Round Up - January 30 to February 03, 2012 |
| India Infoline News Service/18:16,Feb 03, 2012 |
| The newly formed Joint Venture company called Tata Starbucks Ltd. shall engage in the operation of Starbucks Cafes. The parties have signed the Joint Venture Agreement today which sets forth the vision of developing the business in India. |
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| Misys confirms merger talks with Temenos |
| India Infoline News Service/13:57,Feb 03, 2012 |
| Misys is in preliminary discussions with Temenos about a possible strategic combination to be effected by way of an all-share merger |
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| Hutchison 3G Austria acquires Orange Austria for US$1.7bn |
| India Infoline News Service/08:47,Feb 03, 2012 |
| The agreement implies an enterprise value of approximately €1.3 billion for Orange Austria before the sale of assets to TA. TA’s consideration for all of the aforementioned assets is €390 million |
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Feb 02, 2012
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| Xstrata confirms merger talks with Glencore |
| India Infoline News Service/18:10,Feb 02, 2012 |
| The short statement from Xstrata followed media reports that the two companies were nearing an agreement in a deal that may value the combined entity at 52bn (US$82.5bn). |
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| Persistent Systems acquires Openwave's location biz |
| India Infoline News Service/18:02,Feb 02, 2012 |
| The terms of the transactions were not disclosed.
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| ThyssenKrupp Elevators forms JV with Eros Elevators |
| India Infoline News Service/18:01,Feb 02, 2012 |
| ThyssenKrupp Elevator’s mid to high-end products and national network, combined with Eros’ economical, high quality elevators for the fast growing industrial and affordable housing segments, will provide customers across India a dependable source of complete elevator and escalator solutions. |
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| Aanjaneya Lifecare acquires Apex Drugs and Intermediates |
| India Infoline News Service/16:04,Feb 02, 2012 |
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The acquisition was valued at Rs2.50bn; with debt of Rs1.85bn and equity dilution of Rs650mn. |
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| Indoco Remedies signs strategic pact with DSM Pharma |
| India Infoline News Service/12:38,Feb 02, 2012 |
| DSM Pharmaceutical Products NV is a constituent of the Royal DSM NV, Austria. |
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| Binani Industries acquires 3B – The Fibreglass Company |
| India Infoline News Service/08:39,Feb 02, 2012 |
| This acquisition is part of Braj Binani Group’s strategy to expand its footprint in the global fibreglass market. |
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Feb 01, 2012
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| Carlyle sells stake in HDFC...Stock falls |
| India Infoline News Service/18:07,Feb 01, 2012 |
| HDFC ended at Rs 687.80, down ~Rs 9 or ~1.3% from the last close |
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| Warburg Pincus sells part stake in Kotak Mahindra Bank
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| India Infoline News Service/18:06,Feb 01, 2012 |
| Kotak Mahindra Bank shares closed at Rs 507.10 on NSE. The stock gained Rs 8.75 or 1.7% from the last close. |
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| The Walt Disney arm to acquire stake in UTV |
| India Infoline News Service/18:05,Feb 01, 2012 |
| The acquisition will be completed through a successful delisting offer and will enable Disney to integrate UTV's current operations. |
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| Fortis Healthcare arm acquires 85% stake in RadLink-Asia |
| India Infoline News Service/18:02,Feb 01, 2012 |
| The transaction provides Fortis Healthcare a strong foothold in the premium diagnostics and molecular imaging segment. |
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Jan 31, 2012
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| Sany, Citic to pay $472mn for Germany's Putzmeister
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| India Infoline News Service/12:57,Jan 31, 2012 |
| Reports stated that Chinese construction-equipment maker will buy 90% of Putzmeister for 324 million euros and Citic PE Advisors (Hong Kong) Ltd. will purchase the balance
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| US Steel to sell US Steel Serbia |
| India Infoline News Service/12:48,Jan 31, 2012 |
| Reports stated that the sale is expected to be completed when the company reports fourth-quarter earnings. |
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| Korea's E-land in group to buy L.A. Dodgers |
| India Infoline News Service/12:43,Jan 31, 2012 |
| E-Land reportedly said that its potential investment in the Dodgers was aimed at diversifying into new business areas.
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| The Gores Group to buy Pep Boys for $1bn |
| India Infoline News Service/12:39,Jan 31, 2012 |
| Pep Boys brand recognition as well as its moderate pricing appealed to The Gores Group, says report.
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| Valeant Pharma withdraws offer for ISTA Pharma |
| India Infoline News Service/12:28,Jan 31, 2012 |
| Valeant had previously announced that the offer would only remain open until January 31, 2012, but withdrew the offer today due to lack of progress. |
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| BMC to acquire Numara Software |
| India Infoline News Service/12:25,Jan 31, 2012 |
| The combined BMC and Numara product portfolio represents the industry’s most comprehensive set of SaaS and on-premise IT management solutions across all business segments. |
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