JSW Steel's acquisition would be consummated 'only after obtaining all relevant approvals required under applicable laws' according to the filings done at the BSE.
Deals
Ripple Labs partners with ZipZap to expand digital currency and money transfer services
Ripple Labs had partnered with ZipZap, a cash transaction network, to expand its money transfer services.
Carlyle contemplates share sale of Medical Park, General Lighting
Washington-based Carlyle Group could possibly sell its shares in Turkey's Medical Park and Saudi Arabia's General Lighting.
Allied Blenders & Distillers set to purchase Sentini Bioproducts
Allied Blenders & Distillers would pay INR300 crore for the purchase of Sentini Bioproducts. Allied Blenders & Distillers, the Kishore Chahbria backed winemaker, had been in discussions with Sentini Bioproducts for the purchase of the latter's blending and bottling unit.
Sharp to offer stocks at a discount- filing
A regulatory filing showed Sharp would be selling stocks at a discount to raise JPY 137 billion. Japan-based company Sharp Corp would be selling stocks at a discounted price to gather JPY 137 billion or USD 1.
Latest News
The plan to bid for 900 Mhz band for telecommunications would be done and a business case is to be presented by Deloitte.
Two sources told Bloomberg that private equity firm Apollo Global Management LLC was contemplating on raising its new fund limit.
Apollo Tyres Ltd and Cooper Tire & Rubber Co could not seem to agree on the initial price of its buyout deal.
The Financial Times reported that US hedge funds had been aggressively investing in the struggling banking sector of Greece.
KKR & Co LP would soon reach a deal to acquire Crosby Group LLC in a transaction valued USD1 billion, said two sources familiar with the matter.
The recent remarks made by officials of both Bharti and Walmart indicate issues between the two. Walmart Stores Asia head Scott Price, contrary to previous reports, said a conversion of the current franchisee agreement with Bharti Retail into a joint venture is 'not tenable'.
With changes abound in LVMH, investors are now beginning to review the brand purchases done by management at its heyday.
The Transatlantic Trade and Investment Partnership had faced gale winds and now stands to undergo rough seas.
New Italian PM Enrico Letta seeks to block the intent of Air France-KLM to increase its shareholdings in Alitalia.
