Mergers & Acquisitions

Where is the need for Airtel to do the MTN deal?

Where is the need for Airtel to do the MTN deal? Where is the need to become global? The objective of any company is to make money for its shareholders and not become global or big. Big does not necessarily mean better or more profitable as most people tend to think.

Finally, Ratan Tata admits mistake

Finally, Ratan Tata has admitted that his companies “might have gone too far too fast” which is what I have stated on this blog long time back when everybody was going ballastic about Tata’s acquisition of Corus and Jaguar Land Rover (JLR).

Ranbaxy stake sale – Let’s call a spade a spade

The Singh family, promoters of Ranbaxy Laboratories, in a surprise move sold their controlling stake to Daiichi. Now this act of the Singh family is just what it is – a stake sale. However, Malvinder Singh, CEO of Ranbaxy has explained this move as a pioneering move and as such I am forced to comment.