Disney to pay up to 1,100 rupees/share to delist UTV

Last Updated: Thursday, February 2, 2012, 10:04

Walt Disney Co, which owns a controlling stake in UTV Software Communications Ltd, will acquire the latter's shares at or below 1,100 rupees, according to a public announcement in a newspaper.

Walt Disney to acquire controlling stake in UTV

Last Updated: Wednesday, February 1, 2012, 13:28

Walt Disney Co on Tuesday announced that it will take a controlling interest in India's leading television producer, UTV and delist them from all bourses.

Ind Min wants FDI in airlines exempted from SEBI takeover code

Last Updated: Sunday, January 8, 2012, 20:02

In a move to help cash-starved airlines like Kingfisher, the Industry Ministry is pitching for exemption of the sector from SEBI's takeover code, which would come in the way of foreign carriers picking up a 26 percent stake in domestic companies, sources said.

G4S to buy Denmark's ISS in $8.2 billion deal

Last Updated: Tuesday, October 18, 2011, 09:44

British security firm G4S Plc (GFS.L) will buy ISS ISSHOI.UL in a 5.2 billion pounds ($8.2 billion) deal pulled off by the Danish company's private equity owners after a failed IPO and against the backdrop of a slump in global takeover activity.

Sony gets Abu Dhabi funds for EMI takeover bid

Last Updated: Friday, October 7, 2011, 14:39

Global giant Sony Corp is believed to have secured financing from Abu Dhabi's investment fund for its takeover bid for rival music company EMI, sources said.

SEBI notifies new takeover norms; open offer trigger at 25%

Last Updated: Friday, September 23, 2011, 19:14

SEBI on Friday notified new takeover rule under which an entity buying 25 percent stake in a listed firm will have to mandatorily make an open offer to buy an additional 26 percent shares from public.

VW can't rule out takeover of Suzuki: Magazine

Last Updated: Monday, September 19, 2011, 11:56

Volkswagen could make a move to take over Japan's Suzuki, German magazine Der Spiegel reported, citing an unnamed senior manager at VW.

UTX exploring Goodrich takeover: Sources

Last Updated: Monday, September 19, 2011, 08:50

Diversified manufacturer United Technologies Corp is exploring a takeover of aerospace company Goodrich Corp but the two sides are not yet close to a deal, according to a source with knowledge of the situation.

HP extends $11.2 bn Autonomy offer

Last Updated: Tuesday, September 13, 2011, 14:31

Hewlett-Packard has extended the deadline for its USD11.2 billion takeover offer for British software company Autonomy to October 3 after gaining acceptances from only 41.6 percent of shareholders at the first closing date.

SEBI raises threshold for mandatory takeover offer

Last Updated: Friday, July 29, 2011, 09:03

The Securities and Exchange Board of India (SEBI) raised the ownership trigger for a mandatory takeover offer in a company to 25 percent from 15 percent now, a move that could draw more private equity and other investors into listed companies.

SEBI announces steps to attract retail investors to market

Last Updated: Thursday, July 28, 2011, 18:47

In order to attract more retail investors to the market, regulator SEBI Thursday announced a host of steps, including simplier IPO forms and greater disclosures by companies, besides modifying takeover norms.

SEBI yet to take final view on takeover code

Last Updated: Friday, July 15, 2011, 19:14

Capital market regulator is yet to take a final decision on the new company takeover code which proposes to raise the trigger limit for open offer to 25 percent from 15 percent at present, a senior Sebi official said Friday.