US Fed Approves UBS’s Plan to Takeover US Subsidiaries of Credit Suisse
UBS Group AG has received approval from the US Federal Reserve to acquire Credit Suisse’s US subsidiaries. The deal, brokered by the Swiss authorities, will...
Tag : takeover
MindTree Dives 11 Percent After L&T Takeover
Shares of MindTree plunged nearly 11 percent in morning trade on Monday after the company’s founders Krishnakumar Natarajan, Parthasarathy NS, and Rostow Ravanan resigned from...
L&T Holds 26.93% In Mindtree With Its Buying Of 4.5 Lakh Shares
On Thursday, Infrastructure major Larsen and Toubro (L&T) took over 4.5 lakh shares of Mindtree from the open market, diving its shareholding in the IT...
NCLT Approves ArcelorMittal's Takeover Of Essar Steel
ArcelorMittal’s bid to take over insolvent Essar Steel Ltd. was approved by the Ahmedabad bench of the National Company Law Tribunal. In a statement made...
JSW Steel, AION get creditor’s approval for Monnet Ispat takeover
Monnet Ispat and Energy Ltd’s creditors have given approval to a joint bid from AION Investments and JSW Steel, to take over the bankrupt firm. Monnet Ispat,...
NTPC signs agreement for takeover of Chhabra Thermal Power Plant
A non-binding agreement has been signed by NTPC with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and Rajasthan Urja Vikas Nigam Ltd for the takeover of...
Government has approved Mylan’s takeover of Jai Pharma
The global pharma major Mylan’s proposal for investing USD 750 million in its Indian arm to help it for the acquisition of Taparia family owned...
Aviva Investors opposed Vedanta takeover bid for Cairn India
On Wednesday, Aviva Investors said that it opposed a $2.3 billion plan by Vedanta to buy out minority shareholders in Cairn India because the deal...