Merger & Acquisition News

CNBC News, UAE Banks merger – 29th Jan 2019
Abu Dhabi Commercial Bank, Union National Bank and Bank Al Hilal have announced a major three-way merger deal that will create the fifth largest lender in the MENA region with combined assets of $114 billion. Read More at:
Tata Steel subsidiary signs pacts with China’s HBIS Group – 28th Jan 2019
Tata Steel on Monday said its step-down subsidiary, T.S. Global Holdings Pte Ltd (TSGH), has signed definitive agreements with China’s HBIS Group to divest a majority stake in its South East Asia (SEA) business. Read More at:
NCLT approves merger of Tata Teleservices with Bharti Airtel – 21st Jan 2019
Abu The National Company Law Tribunal has approved merger of loss-making telecom firm Tata Teleservices with Bharti AirtelNSE -1.35 %, according to an exchange filing on Monday. The merger is subject to the approval of the Department of Telecommunications (DoT). Read More at:
UQM Technologies Signs Definitive Agreement to be Acquired by Danfoss – 21st Jan 2019
UQM Technologies, Inc. (nyse american:UQM) (“UQM” or the “Company”), a developer of alternative energy technologies, today announced that it has entered into a definitive merger agreement with the Danfoss Power Solutions (US) Company, a wholly-owned subsidiary of Denmark-based Danfoss. Read More at: