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HCL Technologies set to buy Volvo's IT arm for $138 mn in all-cash deal

Oct 20, 2015

HCL Technologies set to buy Volvo's IT arm for $138 mn in all-cash deal

The Volvo Group and HCL have signed a Letter of Intent, awaiting the signing of the final contract, Volvo Group said in a statement from Stockholm. #Business #DealStream #IT #HCL Technologies #volvo group
Infosys to buy Noah Consulting for $70 mn: 10 things you need to know about the deal

Oct 20, 2015

Infosys to buy Noah Consulting for $70 mn: 10 things you need to know about the deal

Shares of Infosys today rose 1.63 percent at Rs 1112. BSE IT index was up 1.2 percent and the Sensex 0.5 percent. #Infosys #Business #DealStream #Acquisition #Rajesh Murthy #Vishal Sikka #Oil & Gas #Panaya #Skava #Kallidus #Noah Consulting
HCL acquires engineering services firm Concept to Silicon Systems

Oct 19, 2015

HCL acquires engineering services firm Concept to Silicon Systems

Shares of HCL Technologies were trading at Rs 846.95 apiece, up 0.55 per cent from their previous close on BSE. #Business #DealStream #BSE #Concept to Silicon Systems #C2SiS
Infosys acquires Noah Consulting for $70mn in all-cash deal

Oct 19, 2015

Infosys acquires Noah Consulting for $70mn in all-cash deal

The company said this acquisition is part of its strategy to "bring next generation data analytics solutions to the oil and gas industry". #Infosys #Business #DealStream #Noah Consulting
Cheers! Beer giants AB InBev, SABMiller brew up $100 bn deal

Oct 13, 2015

Cheers! Beer giants AB InBev, SABMiller brew up $100 bn deal

The new group would combine AB InBev's Budweiser, Stella Artois and Corona lagers with SABMiller's Peroni, Grolsch and Pilsner Urquell. #Business #DealStream #SABMiller #Budweiser #Heineken #Carlsberg #Stella Artois #ABMiller #Peroni #Grolsch #Pilsner Urquell #Corona lagers #AB InBev
Hotel Leelaventure goes all out to cut Rs 5000 cr debt, sells Goa property for Rs 725 cr

Sep 21, 2015

Hotel Leelaventure goes all out to cut Rs 5000 cr debt, sells Goa property for Rs 725 cr

As per the terms of a Corporate Debt Restructuring (CDR) package, the company had to reduce its debts through sale of assets #DealStream #NewsTracker #CDR #Hotel Leelaventure #Debt reduction #MetTube
ONGC buys 15% stake in Russia's Vankor oil field for $1.35 bn

Sep 04, 2015

ONGC buys 15% stake in Russia's Vankor oil field for $1.35 bn

Vankor, which started production in 2009, holds recoverable reserves of about 500 million tonnes #DealStream #ONGC #Acquisition #Vankor
Intel set to buy Altera for $16.7 bn to boost data centre business

Jun 01, 2015

Intel set to buy Altera for $16.7 bn to boost data centre business

By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used, among other things, to speed up Web-searches. #Business #DealStream #Gartner #Intel Corp #Brian Krzanich #Altera Corp
Strides Arcolab to buy Aspen's generics biz for Rs 1910 cr, shares rise 9%

May 22, 2015

Strides Arcolab to buy Aspen's generics biz for Rs 1910 cr, shares rise 9%

The transaction will be financed by a combination of internal accruals and debt financing #DealStream #Strides Arcolab #Aspen Pharmacare #generics consolidation
Growth strategy: M&M buys 33% in Mitsubishi's agri machinery arm for $25 mn

May 21, 2015

Growth strategy: M&M buys 33% in Mitsubishi's agri machinery arm for $25 mn

The company said the partnership will help both the companies jointly develop products #DealStream #M&M #Mitsubishi Heavy Industries #farm equipment