Aug 21, 2013 | India, News, South & Central Asia, Western Europe
Business Standard Kolhapur-based Ratnakar Bank on Friday said it had agreed to buy Royal Bank of Scotland’s (RBS’) business banking, credit cards and mortgage portfolios in India. The private lender did not disclose the price at which it will buy these businesses. The...
Aug 21, 2013 | India, News, South & Central Asia, Western Europe
Irish Times 12 Aug 2013 CRH and its Indian joint venture have seen off competition from French rival Vicat to clinch a €175 million deal to buy a cement manufacturing business from conglomerate Shiriam. The Irish building materials group said yesterday that its 50/50...
Aug 20, 2013 | News, Western Europe
Reuters 19 August 2013 Swedish engineering group Atlas Copco said on Monday it was buying British industrial technology firm Edwards Group for up to $1.6 billion, an investment which should help it offset volatile swings in its mining business. Atlas Copco, which...
Aug 20, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe
The Moscow Times The government has changed tack in its efforts to save the Russian civil aviation industry. Plans to tap the expertise of multinational European defense and aerospace heavy-hitter EADS have been abandoned as state-owned Vneshekonombank sells its $2.3...
Aug 20, 2013 | China, East Asia, France, News, Western Europe
Bloomberg L’Oreal SA, the world’s largest cosmetics maker, agreed to buy China’s Magic Holdings International Ltd. for HK$6.54 billion ($843 million) to expand in a market where sales growth is outpacing that of the company. L’Oreal will pay HK$6.30 a share in cash...
Aug 19, 2013 | News, Southeast Asia, Western Europe
Reuters 16 August 2013 Malaysian state-owned utility Tenaga Nasional Bhd is seeking 1 billion euros ($1.33 billion) in financing to back a bid for Ireland’s Bord Gais Energy, Basis Point reported on Friday, citing bank sources. Several unnamed international and...
