Arathy S Nair
Stories by Arathy S Nair
PetroChina to sell major pipeline assets to newly-launched entity for $38b
The creation of PipeChina marks the largest industry reshuffle in the country in the past two decades.
US fintech FIS to buy Worldpay for $35b in biggest-ever payments deal
FIS and Worldpay combined will have annual revenue of about $12 billion and adjusted core earnings of about $5 billion.
Indonesia’s Medco to buy Britain’s Ophir Energy for $511m
The deal comes after Ophir rejected Medco's $437 million potential buyout offer earlier this month, saying it undervalued the company.
British bookmaker William Hill to sell Australia business to CrownBet unit
The deal represents an enterprise value of A$300 million.
Essar Global investors, others keen on buying Algoma unit for $900m
Essar Global said last month that it did not support a deal to sell Essar Steel Algoma's assets to a consortium formed by private equity firm KPS Capi
Thomson Reuters to sell IP & science unit to Onex, Baring PE Asia for $3.55b
Thomson Reuters Corp said it agreed to sell its intellectual property and science business to private equity firms Onex Corp and Baring Private Equity
Honeywell to buy Permira-backed logistics player Intelligrated for $1.5b
Diversified industrial conglomerate Honeywell International Inc agreed to buy distribution systems and logistics company Intelligrated Inc for $1.5 bi
Facebook’s Zuckerberg may lose majority voting control if he exits
Facebook Inc's board has proposed removing Mark Zuckerberg's majority voting control.