Deals

Fairfax's Watsa to buy Indian logistics firm NCMSL - sources

Photo

MUMBAI - Fairfax India Holdings, a fund set up by Canadian investor Prem Watsa to target Indian assets, is set to take a majority stake in logistics firm National Collateral Management Services (NCMSL), two sources familiar with the matter said.

Anthem offers $47 billion for Cigna as insurers race for a deal 21 Jun 2015

NEW YORK - U.S. health insurer Anthem Inc said on Saturday it had offered $47 billion in cash and stock for smaller rival Cigna Corp, signaling a pick-up in the industry's long-awaited consolidation.

Vedanta says buyout of Cairn India minorities moves it closer to becoming major player 15 Jun 2015

MUMBAI/LONDON - Vedanta Ltd's $2.3 billion offer to buy out minority shareholders in Cairn India moves the Indian mining and energy group closer to its goal of being a major diversified natural resources player, its chief executive said on Monday.

Vedanta makes $2.3 bln bid to buy out minorities in Cairn India 14 Jun 2015

MUMBAI - Indian mining and energy group Vedanta Ltd made a $2.3 billion offer on Sunday to buy out minority shareholders in cash-rich oil unit Cairn India, a deal that helps parent Vedanta Resources Plc repay hefty debts.

Capgemini in 500 million euro capital boost to fund IGATE buy 09 Jun 2015

PARIS - French IT services company Capgemini said on Tuesday it was launching a 500 million euro ($563.60 million) capital increase to help fund its planned acquisition of U.S. rival IGATE Corp.

China Mobile Games and Entertainment agrees to merge with Pegasus 09 Jun 2015

REUTERS - Mobile games developer China Mobile Games and Entertainment Group Ltd said it agreed to merge with Pegasus Investment Holdings Ltd in a deal valued at about $690 million.

Volvo selling remaining 3.7 pct stake in India Eicher for $278 million - IFR 04 Jun 2015

HONG KONG/MUMBAI - Swedish truck maker Volvo AB is selling its remaining 3.7 percent stake in Indian auto firm Eicher Motors, in a deal that could be valued at around $278 million, according to a term sheet seen by IFR.

Intel to buy Altera for $16.7 bln in its biggest deal ever 01 Jun 2015

- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers.

Enterprise Products to buy Eagle Ford pipeline for $2.15 billion 01 Jun 2015

REUTERS - Enterprise Products Partners LP said it would buy pipeline and processing assets in the Eagle Ford shale in Texas from Pioneer Natural Resources Co and Reliance Industries Ltd for $2.15 billion.

Intel to buy Altera for $16.7 billion in its biggest deal ever 02 Jun 2015

- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres. | Video

REUTERS SHOWCASE

Greece Debt Crisis

Greece Debt Crisis

Greece offers conditional okay to bailout, Germany sceptical  Full Article 

Fresh Investment

Fresh Investment

Fiat Chrysler unveils $280 mln investment in Indian Jeep production  Full Article 

Rail Corridor

Rail Corridor

World Bank to lend $650 million for Indian rail project  Full Article 

Factory Activity

Factory Activity

Weak demand dampens factory activity in June  Full Article 

Tata for Ola

Tata for Ola

Ratan Tata invests in taxi-hailing company Ola  Full Article 

Corporate Tax

Corporate Tax

India to provide roadmap for ending corporate tax exemptions in 45 days - official  Full Article 

BRICS Bank

BRICS Bank

China parliament ratifies BRICS Bank agreement  Full Article 

Market Listing

Market Listing

IndiGo owner files for IPO, seeks to raise $400 million   Full Article 

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