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M&A | Deals
Yuri Milner's DST Global leads $314m funding round for India's Ola
Ola's mobile app allows users to hail taxis, autorickshaws and order food.
Singtel to pay $810m for US cyber security firm Trustwave
The deal marks Singapore Telecommunications' (Singtel) biggest acquisition outside the main telecoms sector.
Diageo to buy Vijay Mallya's 50% stake in African beer maker UNB
Diageo to acquire the remaining 50% stake in UNB from Indian liquor baron Vijay Mallya-controlled Pestello Investments.
Philips sells lighting unit to Go Scale Capital for $2.8bn
The deal is a prelude to the planned stock market floatation of the Dutch group's main lighting division.
VW-backed Global Mobility in talks to sell Dutch fleet manager LeasePlan
LeasePlan also runs a bank and any deal must be approved by the Dutch central bank and financial markets regulator.
Travel retailer Dufry to raise $4bn to finance WDF bid
Deal will cement Dufry's position as the world's leading travel retailer, creating a combined group with projected annual sales of $9bn.
Dow Chemical to spin off most chlorine assets in $5bn deal
Dow Chemical CEO Andrew Liveris says there could be more deals over the next 12 months.
Chevron to exit Australia's Caltex with $3.6bn stake sale
Goldman Sachs has offered Chevron's 135 million Caltex shares to local and international investors on 27 March.
Etihad may sell Aer Lingus stake if IAG deal gets Dublin nod
Etihad CEO James Hogan says his firm's investment in Aer Lingus will earn a great return if IAG's bid is approved.
Citi sells Nicaraguan businesses to Grupo Financiero Ficohsa
Citi's operations in Nicaragua include $255m in assets, a loan portfolio of $171m and over 600 employees.
Airbus to sell 15% stake in France's Dassault Aviation
The placement could help Airbus rake in as much as €1.4bn.
Unilever to raise stake in Nigerian unit for about €200m
Unilever wants to raise its 50.04% stake in Unilever Nigeria to as much as 75%.
Malaysia's IHH Healthcare buys 51% of India's Continental Hospitals
IHH, Asia's largest hospital operator by stock market value, bought five nursing homes in Japan last week.
Bain Capital to buy Japan Wind Development for 25% premium
Japan Wind Development is the nation's third-largest wind power firm.
Singapore: Shares of Noble Group surge on rumoured buyout talks
Potential suitors circling the Asian commodities giant, to take advantage of its recent share price drop.
Allianz hedges stake in CPIC via $700m deal with Goldman
Allianz hedges a part of its stake in CPIC, locking-in profits from investments made in China's third-largest insurer.
Japan's Rakuten to buy US eBook firm OverDrive for $410m
Rakuten to turn Ohio-based OverDrive into a wholly owned subsidiary.
Alibaba could walk away from India's Snapdeal
Alibaba values Snapdeal at between $4bn to $5bn - lower than the $6bn to $7bn valuation sought by the Indian firm.
China: Fosun International mulls bid for property consultant Cushman & Wakefield
A deal will given Fosun valuable property industry expertise, helping it manage its global property investments.
NZ's Fonterra expands China footprint with stake in Beingmate for $553m
New Zealand's Fonterra Co-operative Group acquires a near 20% stake in China's Beingmate Baby and Child Food.
US-based Scripps buys control in Poland's TVN for €584m
Scripps Networks Interactive will buy 52.7% stake in TVN held by Polish firm ITI and French media firm Vivendi.
Deutsche Bank, KKR and Varde buy GE Capital unit for over $6bn
Group of three companies agrees to buy GE's Australia and New Zealand financial services unit.
GSK offloads half its stake in Aspen Pharma for about £570m
Sale of 28.2 million ordinary shares in Aspen Pharma was conducted through a placing at a discounted price.
Alibaba to inject $200m into Snapchat at $15bn valuation
Alibaba's US deals are key to its strategy of becoming the world's dominant e-retailer.
UK printer maker Domino sold to Japan's Brother for £1.03bn
UBS and Peel Hunt analysts say rival bids could follow.
Google in talks to buy Bangalore-based startup InMobi
InMobi is backed by Japan's SoftBank and venture capital firms Kleiner Perkins Caufield & Byers and Sherpalo.
Verisk to buy UK energy data firm Wood Mackenzie for £1.85bn
Deal to see US-based buyout firm Hellman & Friedman exit its investment in WoodMac.
China's Fosun may bid for London's Grosvenor House hotel
Deloitte, the administrator for Grosvenor House's owner, is seeking about £500m for the property.
Thomas Cook shares surge 16% on Fosun deal
British travel group sells 5% stake to Chinese investment group Fosun International for £91.8m.
Citigroup sells near 10% stake in Turkey's Akbank for $1.2bn
Citi, which had been the second largest shareholder in Akbank, aims to increase its business in Turkey.