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
 Mergers and Acquisitions in Vietnam – Latest Issue of Vietnam Briefing Magazine
 Deals of the day-Mergers and acquisitions December 17, 2019
 Deals of the day-Mergers and acquisitions December 11, 2019
 Deals of the day-Mergers and acquisitions December 6, 2019

Deals of the day-Mergers and acquisitions March 2, 2020
March, 06th 2020

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** U.S. utility Evergy Inc said it would appoint two independent directors and explore options, including a merger, as part of an agreement with activist investor Elliott Management Corp.

** Vistara, a joint venture between India’s Tata Group and Singapore Airlines, is considering a bid for the government’s stake in state-run carrier Air India, Vistara’s chairman said, according to local media reports.

** Gilead Sciences Inc said it would buy Forty Seven Inc for $4.9 billion in cash, adding an experimental treatment that targets blood cancer to its portfolio of oncology drugs.

** Brazil’s Hypera Pharma said it has signed a contract to buy a portfolio of 18 pharmaceutical products from Japan’s Takeda for $825 million.

** Poland’s biggest refiner, PKN Orlen, said that the European Commission had restarted the authorisation procedure concerning its potential takeover of Lotos.

** WillScot Corp, the largest U.S. supplier of mobile office trailers, will combine in an all-share deal with Mobile Mini Inc, the biggest U.S. provider of portable storage solutions, the companies said.

** Brazil energy company Aes Tiete said that it had received a merger proposal from energy company Eneva , which is willing to pay a 13.3% premium to buy out Aes Tiete shareholders.

** AJN Resources has scrapped a plan to purchase a 10% stake in Congo’s biggest gold mine from state-owned gold firm SOKIMO, buckling to pressure from Barrick, the operator and 45% stakeholder of the Kibali mine, which opposed the deal.

** Online food delivery company Just Eat Takeaway said it had started arbitration proceedings against a move by rival Delivery Hero to increase its stake in the company because it said it broke a standstill undertaking.

** South Korean budget carrier Jeju Air Co Ltd said it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49 million), a lower price than previously announced.

** Caltex Australia Ltd said that the A$3.9 billion-plus ($2.61 billion) proposal from Britain’s EG Group undervalued the company but that it was open to more talks for a potential transaction.

** Intesa Sanpaolo said on Friday it had hired JP Morgan, Morgan Stanley, UBS and local broker Equita SIM to complete a team of advisers led by Mediobanca supporting Italy’s biggest retail bank in its takeover offer of rival UBI Banca . (Compiled by Ambhini Aishwarya and Manojna Maddipatla in Bengaluru)

Home | About Us | Terms and Conditions | Contact Us
Copyright 2023 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting