In a further statement of its intent to capitalise on Saudi Arabia’s Vision 2030 initiative, the…
Topic: M&A
M&A activity in Russia, Azerbaijan, Kazakhstan and Central Asia
Serbia’s Kostic ups stake in Slovenian tourist industry
Serbian businessman Miodrag Kostic’s ambitions to establish himself as a key player in the Slovenian tourist…
Halyk Bank swallows up rival as consolidation of Kazakh banking sector begins
In a move that the authorities in Astana hope will help stabilise Kazakhstan’s banking sector, the…
Rosneft consortium clinches ‘masterpiece’ $13bn Essar Oil deal
Rosneft’s bid to head up the largest ever foreign investment in India’s history looks set to…
Togliattiazot owners put ammonia producer up for sale
The Samara-based Togliattiazot (ToAZ) company, one of the world’s largest producers of ammonia in the world…
Fosun turns to Russian gold with Polyus stake
A consortium of investors led by Chinese conglomerate Fosun International is set to buy a 10%…
ChemChina gets OK for Syngenta deal
ChemChina has won EU antitrust approval for its $43bn takeover of Swiss pesticide maker Syngenta, paving…
Asahi agrees to pay $7.81bn for SAB Miller’s East European brands
Asahi Group Holdings, the Japanese brewer and soft drinks manufacturers, yesterday agreed in principle to acquire…
Eni sells Zohr stake to Rosneft and gives Qatar a foothold in the Med
Just weeks after snapping up the Russian government’s stake in Bashneft for around $5bn and days…
Golden Globes go to China
Golden Globes: The Dalian Wanda Group, the real-estate conglomerate owned by Chinese billionaire Wang Jianlin, has finalised…
German Minister blocks Aixtron takeover and looks to curb Chinese spending spree
Aixtron: With China’s appetite for buying up European companies showing no sign of abating and its year-on-year…
Essar acquisition gives Rosneft foothold in Indian energy market
Essar: Russian oil giant Rosneft’s ambitions to secure a foothold in the Indian energy sector looks set…
US authorities close to approving $43bn Syngenta acquisition
Syngenta acquisition: The Committee on Foreign Investment in the United States (CFIUS) is close to giving ChemChina…
Dalian Wanda buys another cinema chain as Wang Jianlin presses on
Chinese multinational conglomerate Dalian Wanda has bought the Odeon & UCI cinema chain from the Terra Firma…
Chinese M&A hits new high
Chinese M&A: Despite Beijing’s attempts to tighten control of capital, Chinese outbound investment in the form…
Germany’s DMK gets go ahead to buy into Russian cheese market
FAS, Russia’s state-owned anti-monopoly watchdog has given German dairy producer DMK Deutsches Milchkontor the green light to acquire…
Apple invests $1bn in China’s Uber rival Didi Chuxing
Apple Inc yesterday announced that it had invested $1bn in China’s online transportation network company Didi Chuxing,…
Hong Kong’s REX buys 30% stake in Russia’s Yota
The Hong Kong-based REX Global Entertainment Holdings has purchased a 30% stake in Russia’s Yota Devices,…
Alibaba takes control of Lazada for $1bn in global expansion drive
Chinese e-commerce giant Alibaba is to acquire a $1bn controlling stake in the Southeast Asian online…
Changyu winery looks to boost Chinese wine imports through overseas M&A
Chinese wine imports: China’s Yantai Changyu Pioneer Wine is looking to expand its network of overseas…
Novatek finalises sale of 10% Yamal LNG stake to Chinese Silk Road Fund
Novatek has finalised the sale of a 10% stake in the Yamal LNG plant in north-west…
OMV puts Turkish fuel subsidiary Petrol Ofisi’s 1800 petrol stations up for sale
The Austrian oil group OMV is putting its Turkish subsidiary Petrol Ofisi up for sale, it…
Chinese consortium eyes up Norway’s Opera Software in $1.2bn deal
Shares in Opera Software rose 5.4% last Friday amid rumours that a group of Chinese companies had…
Overseas Chinese M&A spending spree just keeps on growing
Chinese M&A: Chinese companies have already spent an estimated $73bn on 82 overseas M&A deals this…