By Lauren Hirsch, Clara Denina and Hadeel Al Sayegh NEW YORK/LONDON/DUBAI (Reuters) - New York-based boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on its plans for what is expected to be the world's biggest ... Sify, 1 month ago
Indian companies have made acquisitions of $1 billion so far in January Outbound acquisitions by Indian companies have seen a surge in the first month of 2017 after a lull for the past three years. There were only $5.3-billion worth outbound deals, against $30.8-billion inbound last year. In the previous two years, the numbers were worse. Outbound deals stood at $5 billion in 2015 and $1.7 billion in 2104. So, when auto ancillary giant Motherson Sumi acquired Finland’s PKC Group for $604 ...Rediff.com, 1 month ago
It's been a few days since the world celebrated International Women's Day. And while it's still baffling that we need one specific day to celebrate womanhood when there are 364 more days (plus one), we have to take into consideration the way women are - ...DNA, 2 weeks ago
The taboo in selling assets has departed from the Indian promoter’s psyche, which is resulting in a large number of billion-dollar deals. In October, when the Essar group sold its 98 per cent stake in Essar Oil to a Rosneft-led consortium for about $13 billion, it changed the face of mergers and acquisitions in the country. The Ruias celebrated the deal with full-page advertisements in financial newspapers. Harsh Goenka, chairman of the RPG group summed it up thus: “Earlier, ...Rediff.com, 2 months ago
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