Purchase of government stake in ONGC leaves firm with tight cash positiongov
Chairman Vinod Rai said the company had a very complex corporate structure
Combined entity would be nearly half SBI's size and in an indisputable No 2 slot; cost of funds a hurdle though
Says those whose rights against the acquiring insurer have been reduced, must be paid compensation based on the residual value of assets
Despite the Covid-19 pandemic, Bank of Baroda (BoB) is confident of completing the amalgamation process by December 2020, ahead of the initial timeline of March 2021
The proposed combination relates to the acquisition of 100 per cent equity shares of Medlife by API Holdings, the parent of PharmEasy, in return for 19.59 per cent equity share capital
This merged entity will bring together over 800 employees
The UK-based firm informally contacted Gilead last month to gauge its interest in a possible tie-up
Reports of a possible deal surfaced Tuesday, and sources confirmed that talks were held between high-level officials of the firms.
Most acquisitions fail because of a cultural clash. But Conzerv Systems and Schneider Electric managed this thorny issue successfully.
Bandhan Bank announced the opening of 106 additional home loan distribution points
Merger of any two public entities comes with its own set of problems, take the case of Air India and Indian Airlines