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India

Deals

EXCLUSIVE - Liberty Global, Vodafone to win EU approval for Dutch tie-up - sources

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BRUSSELS U.S. cable group Liberty Global and UK telecoms firm Vodafone are set to win EU antitrust approval for their plan to merge their Dutch operations after offering minor concessions, two people familiar with the matter said on Friday.

Oracle to buy NetSuite for $9.3 billion to gain cloud computing clout 29 Jul 2016

Business software maker Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business. | Video

Fosun to buy KKR-backed Indian drugmaker for up to $1.3 billion 28 Jul 2016

HONG KONG/MUMBAI Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy an 86 percent stake in Gland Pharma - backed by KKR & Co LP - for up to $1.3 billion, the largest acquisition of an Indian company from abroad this year.

Management buyout group Excalibur says still keen to buy Tata's UK steel business 27 Jul 2016

LONDON Management buyout group Excalibur, one of the bidders for Tata's British steelmaking business, intends to pursue plans to buy the assets, it said on Wednesday, despite Tata pausing the sale process to explore joint ventures.

EXCLUSIVE - Alibaba, eBay, CVC bid for Polish auction site Allegro - sources 27 Jul 2016

WARSAW Chinese e-commerce group Alibaba, U.S. online retailer eBay Inc, and private equity firm CVC Capital Partners are among the bidders for Eastern Europe's No.1 auction website Allegro from South Africa's Naspers, sources said.

China's Fosun to sign agreement for $1.4 billion Gland Pharma buy - paper 27 Jul 2016

MUMBAI Shanghai Fosun Pharmaceutical (Group) Co will sign a definitive agreement on Wednesday to buy a controlling stake in India's Gland Pharma in a $1.4 billion deal, the Economic Times newspaper reported, citing a source with direct knowledge.

Mondelez CEO confirms made offer to purchase Hershey 27 Jul 2016

LOS ANGELES Mondelez International Inc Chief Executive Irene Rosenfeld on Wednesday confirmed that the company made an offer to purchase Hershey Co.

Flipkart buys Jabong for $70 million 26 Jul 2016

MUMBAI India's biggest e-commerce firm Flipkart is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, the latest consolidation move in the country's e-commerce sector as competition intensifies.

Verizon to buy Yahoo's core business for $4.8 billion in digital ad push 26 Jul 2016

NEW YORK/SAN FRANCISCO Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant. | Video

LVMH sells loss-making Donna Karan to G-III in $650 million deal 25 Jul 2016

PARIS French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million.