Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Mergers and Acquisitions »
Open DEMAT Account in 24 hrs
 Govt may further sweeten Air India offer
 How India is becoming an unlikely Asian hotspot for mergers & acquisitions
 Notification No. 05/2020-Customs (ADD) Ministry Of Finance
 Deals of the day-Mergers and acquisitions March 6, 2020
 Deals of the day-Mergers and acquisitions March 2, 2020
 Mint Investment Summit - M&A in India: Challenges and opportunities
 Record Year 2019: Fintech Deals, Mergers and Acquisitions Study
 Deals of the day-Mergers and acquisitions February 28, 2020
 Deals of the day-Mergers and acquisitions February 4, 2020
 The mergers and acquisitions perspective
 Deals of the day-Mergers and acquisitions January 6, 2020

Deals of the day-Mergers and acquisitions Aug 23, 2017,
August, 24th 2017

(Adds Intesa Sanpaolo, Guptas, JD.com, Broadcom, COFCO; updates India banks merger, AMMB)
Aug 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Wednesday:
** Italy's largest retail bank Intesa Sanpaolo said it had reached an agreement to buy Switzerland's Banque Morval.
** After paying hundreds of millions of dollars for Dutch-based grains trader Nidera in a three-year takeover completed just months ago, Chinese state-owned food group COFCO is considering selling the troubled business, according to people familiar with its plans.
** China's commerce ministry has conditionally approved chipmaker Broadcom Ltd's acquisition of Brocade Communications Systems, it said.
** China's JD.com Inc is in advanced talks with Thailand's Central Group to launch an e-commerce joint venture in Thailand with a planned total investment of $500 million, people familiar with the matter told Reuters.
** The Gupta family agreed to sell their South African mining unit for $225 million, the second disposal this week from the company's portfolio of investments which have been caught up in an influence-peddling scandal.
** Maersk Tankers, a unit of shipping group A.P. Moller-Maersk, said it has entered into an equity agreement with U.S. hedge fund CargoMetrics, giving it access to analytical models and algorithms to better manage its tanker operations.
** Air Berlin's creditors are meeting for the first time as bidders jostle for position for the insolvent carrier's assets, although major progress is not expected yet, sources told Reuters.
** India approved a proposal to set up a ministerial panel to speed up consolidation of state-run banks as part of its efforts to revive credit and economic growth.
** Chinese state-owned Chery Automobile Co aims to rely only on organic means to grow its international sales, its CEO said, underlining a strategy that is different from its private sector rivals who have either made or are considering acquisitions.
** South Africa's Oakbay Investments said it would sell its mining unit Tegeta for $225 million, the second sale this week in the company's portfolio of investments caught up in an influence-peddling scandal.
** Chinese conglomerate Fosun Group has made a foray into blockchain with an investment in the Shanghai startup behind Onchain, a local version of the much-hyped technology that underpins virtual currencies such as bitcoin.
** Playtech Plc will buy technology, intellectual property and some customer assets from ACM Group as the gambling technology company looks to build on its financials division.
** Australia and New Zealand Banking Group Ltd's plans to sell its stake in AMMB Holdings (AmBank) Bhd have fallen through after a proposed acquisition of the Malaysian lender by a domestic rival was scrapped, sources familiar with the matter said.
** Unlisted Norwegian savings banks Nesset Sparebank and Bud, Fraena og Hustad Sparebank late announced merger plans.
** Japan's Toshiba Corp is prioritising talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported.
** Malaysia's RHB Bank Bhd and AmBank Holdings Bhd shares climbed in early trade, a day after calling off their merger talks, saying they could not arrive at mutually acceptable terms.
** Online travel provider Expedia Inc is looking to build up its rail booking services in the United States, Chief Executive Dara Khosrowshahi said in an interview with Reuters.
** Germany's Osram has agreed to buy U.S.-based software provider Digital Lumens for a mid-double-digit million-dollar sum, a source familiar with the matter said.
** The European Commission has started an in-depth investigation of Bayer's planned $66 billion takeover of U.S. seeds group Monsanto, saying it was worried about competition in various pesticide and seeds markets. (Compiled by Tamara Mathias in Bengaluru)

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting