Tag: Merger
EU: Commission conditionally clears Tronox to buy Cristal
On Wednesday The European Commission cleared US chemical group Tronox to buy Saudi Arabia’s Cristal, on the condition that it sells its global business...
South Africa: Vedanta eyes US$7b merger with Anglo American
Volcan Investments, the family trust of Vedanta Resources founder Anil Agarwal, is planning to buy Anglo American Plc’s South African business by merging the...
South Korea: US fund seeks damages for Samsung merger
New York-based hedge fund Mason Capital Management has filed a legal claim seeking at least US$175 million from the South Korean government as compensation...
Brazil: Boeing and Embraer in ‘advanced’ talks over merger
US aerospace giant Boeing and Brazil based Embraer are in "advanced negotiations" over a much-anticipated tie-up, the Brazilian aircraft manufacturer said on Monday, July...
US/Canada: Nestle to buy Champion Petfoods for US$2b
According to the Wall Street Journal, Nestlé is in talks to acquire a majority stake in Canada’s Champion Petfoods for more than US$2 billion.
Nestlé...
India: Bharti Infratel gets CCI nod for Idus Towers merger
Bharti Infratel has received the clearance from the Competition Commission of India for its merger with Indus Towers, which will create a US$14.6 billion...
China: ChemChina, Sinochem set to merge
Chinese state-owned Sinochem and ChemChina will merge to create a new company, and Sinochem Chairman Ning Gaoning will become the chairman of ChemChina.
Reuters has...
Germany: Thyssenkrupp and Tata to become Europe’s second-biggest steelmaker
One of Germany's oldest industrial giants has agreed to a merger deal with one of India's biggest steelmakers. Thyssenkrupp sought the deal as a...
China: Luxottica, Essilor extend merger deadline
French lens manufacturer Essilor and Italian eyewear Luxottica have extended a deadline for their planned merger to July 31 as the Chinese competition authority...
US: FCC names Antitrust attorney to head Sprint, T-Mobile merger review
The US Federal Communications Commission (FCC) has named David Lawrence to head up the agency’s review of the proposed takeover of Sprint by T-Mobile...
