Sudip Kar Gupta
Stories by Sudip Kar Gupta
French payments firm Worldline to buy SIX Group unit for $2.75b
Worldline said the deal would result in SIX Payment Services ending up with a 27 per cent stake in the French company.
Sanofi in talks to sell generics arm to Advent for $2.4b
Sanofi has been reshaping its business in recent months, spending over $16 billion on M&A and also selling off some assets.
Insurer AXA to buy Bermuda’s XL Group for around $15b
The deal, AXA said, would create a world leader in property and casualty insurance.
French carmaker PSA, Malaysia’s Naza in production JV to tap Asian markets
PSA said the deal with Naza Corp formed part of the company's "Push to Pass" strategic plan to boost sales.
China’s Fosun beats Qatar fund to acquire French fashion house Lanvin
The Chinese group will invest around 100 million euros ($122.77 million) in the business.
French food major Danone to sell 14% stake in Japan’s probiotics maker Yakult
The sale of two-thirds of Danone’s current Yakult holding could fetch about 1.5 billion euros ($1.86 billion).
Credit Agricole’s Indosuez arm to buy some CIC Asian private banking units
Private banking has often been the stage for M&A activity.
