Takeover Bid News

Companies

Mindtree announces special dividend amid L&T takeover bid: 5 points

Mindtree's consolidated net profit grew 8.9% to ₹198.4 crore for the March 2019 quarterMindtree, which is facing a hostile takeover bid from L&T, announced a total dividend of ₹27 per share

1 min read17 Apr 2019
Companies

Jet Airways creditors wait for takeover bids as deadline looms

The deal will be pivotal for creditors seeking to recover over $1 billion in debt from Jet Airways, which has posted losses in nine of the past 11 yearsCreditors led by SBI had not received any bids for as much as 75% of Jet Airways as of Tuesday

1 min read10 Apr 2019
Companies

Three Fortis directors resign ahead of EGM today

The resignations of Fortis directors Harpal Singh, Tejinder Singh Shergill and Sabina Vaisoha raise questions on the direction the firm will take towards its takeover bids

2 min read22 May 2018
Market

Akzo Nobel India stock hits all-time high, but valuations yet to catch-up

Akzo Nobel India's operating margin, which had taken a beating for two years following the amalgamation of three subsidiaries with itself in FY12, has improved from then, but still lags peers

2 min read10 Apr 2017
Market

What impact does Unilever’s business review have on HUL?

Unilever's desire for cash may lead to some impact on HUL's balance sheet as well

2 min read7 Apr 2017
Companies

Hershey rejects $23 billion Mondelez takeover offer

Mondelez, the maker of Oreos cookies, is the second-largest confectionary company globally, while Hershey ranks number five

3 min read1 Jul 2016
Companies

Mondelez said to have approached Hershey with takeover offer

The bid valued Hershey at $107 a share, half in cash and half in stock, the person said, asking not to be identified as the information is private

2 min read30 Jun 2016
Companies

Cigna rejects $47 billion bid by Anthem citing price, antitrust

The non-binding proposal is for $184 a share, about 31% of which would be paid in Anthem shares and the rest in cash

3 min read22 Jun 2015
Companies

Diageo shares surge on report of possible takeover by Lemann

Jorge Paulo Lemann, a billionaire backer of Anheuser-Busch InBev NV, is reportedly considering a takeover bid

2 min read8 Jun 2015
Companies

Mallya, Poddar likely to retain control of Mangalore Chemicals

Deepak Fertilisers' bid is unlikely to get any significant attention as it trails current market price by a big margin

4 min read8 Oct 2014
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles