Unions threaten to scupper Linde-Praxair merger
Linde (LING.DE) labor representatives will vote against the German industrial gases group's planned $65 billion merger with U.S. rival Praxair (PX.N), the head of the German works council told Reuters on Thursday, in a move that could scupper the deal.The…
The behind the scenes story of Vodafone, Idea mega merger
The whole world may have been slower than molasses in early January, still hungover from New Year celebrations, save for the trio at Aditya Birla Centre, the headquarters of the AB Group.Sushil Agarwal, group CFO and Kumar Birla's consigliere, along…
Lohias of Indorama eye Kumar Mangalam Birla's fertiliser arm Indo Gulf for $500-600 million
After initiating the Rs 60,000 crore mega-merger between Grasim and the diversified Aditya Birla NuvoBSE 1.30 % and a potential alliance between Idea Cellular and Vodafone to create India's largest telco, Kumar Mangalam Birla is taking a long hard look…
Toshiba flags hit of 'billions of dollars' on U.S. nuclear acquisition
Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power plant construction company acquisition, sending its stock tumbling 12 percent and rekindling concerns about its accounting acumen.The Japanese group said cost…