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Indian M&A Deals

Posted: 17 Jan 2008 19:09
by Rakesh

Posted: 18 Jan 2008 02:08
by Vipul

Posted: 19 Jan 2008 02:32
by Vipul

Posted: 21 Jan 2008 18:30
by Vipul

Posted: 21 Jan 2008 21:20
by Vipul
Sona Oke Gawa acquires precision forging biz of ThyssenKrupp.

Auto ancillary Sona Oke Gawa on Monday said it has acquired the precision forging business of Germany's ThyssenKrupp Group for an undisclosed amount.

The company expects to complete the transaction by the end of this month. ThyssenKrupp's precision forging business contributes €300 million to the German firms' overall sales.

It operates out of four plants globally - three in Germany and one in the US "The precision forging business of the German firm is No. 2 globally and together with Sona Oke Gawa the business be the biggest in the world," Mr Surinder Kapur, Chairman of S ona Group said here.

The acquisition would be funded through a mix of debt and equity, he said. Sona Oke Gawa is a joint venture between India's Sona group and Mitsubishi Corp of Japan. - PTI

Posted: 22 Jan 2008 19:30
by Vipul

Posted: 24 Jan 2008 01:43
by Vipul

Posted: 24 Jan 2008 19:02
by Vipul

Posted: 25 Jan 2008 02:33
by Vipul

Posted: 26 Jan 2008 01:45
by Vipul

Posted: 27 Jan 2008 22:00
by GDiwan

Posted: 29 Jan 2008 19:40
by Vipul

Posted: 31 Jan 2008 18:54
by Vipul

Posted: 01 Feb 2008 06:51
by Jay

Posted: 04 Feb 2008 23:33
by Vipul

Posted: 06 Feb 2008 19:30
by Vipul

Posted: 08 Feb 2008 21:00
by Vipul

Posted: 11 Feb 2008 20:58
by Vipul

Posted: 12 Feb 2008 20:10
by Vipul

Posted: 13 Feb 2008 02:53
by SwamyG
In one of the yahoo message boards, somebody mentioned Tata Telecom looking for some acquisitions in USA. As there were no supporting links, I am taking it with a ship load of salt. Maybe somebody is just trying to pump one of the stocks. But anybody hear or read something?

Posted: 13 Feb 2008 04:18
by Jay
SwamyG wrote:In one of the yahoo message boards, somebody mentioned Tata Telecom looking for some acquisitions in USA. As there were no supporting links, I am taking it with a ship load of salt. Maybe somebody is just trying to pump one of the stocks. But anybody hear or read something?
It seems Sprint/Nextel are searching for a partner(from speculative Blogs) and Motorola is trying to Dump its Cell phone unit. I cannot see Tata Tel going for either one.

Would it be possible that TataTel might be in talks with Google to support their coming Android platform in Inde. It would give them a big boost considering the gamut of applications planned for Android.

Posted: 13 Feb 2008 06:03
by SwamyG
I saw Tata Telecom's name mentioned in LVLT's message boards. Some one must be just pumping up. Maybe it was a desi.

Posted: 13 Feb 2008 23:52
by Vipul

Posted: 14 Feb 2008 13:52
by bart
Jay wrote:
SwamyG wrote:In one of the yahoo message boards, somebody mentioned Tata Telecom looking for some acquisitions in USA. As there were no supporting links, I am taking it with a ship load of salt. Maybe somebody is just trying to pump one of the stocks. But anybody hear or read something?
It seems Sprint/Nextel are searching for a partner(from speculative Blogs) and Motorola is trying to Dump its Cell phone unit. I cannot see Tata Tel going for either one.

Would it be possible that TataTel might be in talks with Google to support their coming Android platform in Inde. It would give them a big boost considering the gamut of applications planned for Android.
The news is somewhat true, and there were articles in the newswires yesterday. However it is nothing like what you mention.

Sprint/Nextel etc have valuations that are out of reach of TTSL and in any case India is a much hotter market to invest in than abroad as far as wireless goes. Cell phone manufacturing is a totally different business and TTSL would not get involved in it.

What is happening is that Tata who had in recent years aquired:
-VSNL - India's then only and monopoly international connectivity provider
-Teleglobe- A VSNL type company in Canada with large number of international service providers as clients and lots of expertise
-Tyco - One of the world's largest submarine providers
-Gemplex - IP-VPN specialist based in US
-Primus Indian operations - Had lot of business Internet customers in India

Now, what they are doing is:
-Combining all those into a single entity called Tata Communications limited (distinct but related to, TTSL -Tata Teleservices Limited, which is their Mobile, Landline, Broadband, Domestic connectivity operator)
-According to yesterday's news they have announced that they will spend 2 Billion $ to upgrade and expand their international connectivity and operations.

So rather than acquire a mobile operator or a handset manufacturer, what they are looking at is becoming a major Tier-1 International service provider, taking aim at ATT, Verizon/UUnet, Sprint, NTT etc. They already have a massive submarine infrastructure and plenty of expertise so they are well placed to proceed on that.

Posted: 14 Feb 2008 19:26
by Vipul

Posted: 14 Feb 2008 20:29
by Vipul

Posted: 14 Feb 2008 20:37
by SwamyG
bart: thanks for shedding more light on the news.

Posted: 14 Feb 2008 22:26
by SwamyG

Posted: 14 Feb 2008 23:49
by Vipul

Posted: 15 Feb 2008 19:40
by Vipul

Posted: 16 Feb 2008 01:38
by Vipul

Posted: 16 Feb 2008 02:05
by Vipul

Posted: 18 Feb 2008 20:56
by Vipul

Posted: 19 Feb 2008 19:10
by Vipul

Posted: 20 Feb 2008 00:41
by Vipul

Posted: 20 Feb 2008 22:54
by Vipul

Posted: 21 Feb 2008 19:03
by Vipul

Posted: 22 Feb 2008 19:22
by Vipul

Posted: 25 Feb 2008 20:18
by Vipul

Posted: 25 Feb 2008 23:13
by Vipul