Ultratech Cement is in the advanced stages of its discussions with Jaypee Cement Corporation for the acquisition of 51% stake in the company's Gujarat facility.
Deals
Abramovich to purchase Moscow top-end office complex
Russian billionaire Roman Abramovich is close to concluding purchase of White Gardens, a top-end office complex in Moscow's business district.
South Africa's Seven Sisters inks deal with Wal-Mart, ends apartheid legacy
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Grupo Mexico delays Americas Mining IPO: sources
Sources said Grupo Mexico would delay its planned initial public offering of its America Mining stake.
Hong Kong Stock Exchange faces difficult decision in Alibaba IPO: Bloomberg
The Hong Kong Stock Exchange would need to make a difficult decision on Alibaba's proposal to retain control after its planned IPO.
Latest News
Today, startup firm Speakaboos announced it had received a total of USD6.2 million in seed and Series A funding.
Whiting Petroleum Corporation had announced today signing a definitive agreement for its acquisition of several properties in Williston Basin, North Dakota.
Today, Akorn Inc. and Hi-Tech Pharmacal Co. announced they had signed a definitive acquisition agreement valued USD640 million in cash.
According to Bats Global Markets Inc. CEO Joe Ratterman, the merger of Bats and Direct Edge Holdings Inc. had raised stock data.
Israeli startup and mobilie add-on Brow.si had raised USD1 million and started partnership with PrestaShop.
The AMR-US Airways merger could be blocked by Federal regulators which had made JetBlue Airways the next target once the US Department of Justices succeeds in derailing the deal.
NCAA's investment portfolio is now valued at USD 527 million as its quasi-endowment and operating reserve posted gains of 11%.
Generic eye drug manufacturer Akorn said that it would be buying Hi-Tech Pharmacal Co Inc in a deal worth USD 640 million.
French oil and gas company Total said that it would be buying the retail network of US-based Chevron in Egypt.
