M&A | Deals

The deal pegs the UK retailer's enterprise value at £1.9bn.

Zhang says if Alibaba does not globalise, it will not be able to last a 100 years.

London-based HSBC owns 62.14% of Hong Kong's Hang Seng Bank.

Morgan Stanley's giant physical oil trading business is the largest and oldest on Wall Street.

GE unlikely to get unconditional EU clearance for its Alstom bid.

The deal will give Alibaba a near 20% stake in Micromax, valuing the Indian firm at between $5bn and $6bn.

Negotiations between Alibaba and Micromax are underway.

Toronto-based Pacific Rubiales Energy is the largest independent oil and gas producer in Latin America.

The cement makers won approval for the $25bn deal from EU antitrust regulators in December 2014.

BAT's first-quarter revenue rose 1.7% at constant exchange rates, trailing the 3.5% median growth estimate forecast.

The central government owns 112 conglomerates, including 277 public firms listed on the Shanghai or Shenzhen bourses.

Morgan Stanley has received over 20 bids for its Australian realty unit Investa Property Group.

Indian auto major Mahindra & Mahindra is reportedly readying a bid for the car designer.

The book value of Nokia's HERE maps business unit stands at €2bn.

SunGard has asked investment banks competing for advisory mandates to prepare for interviews as early as next week.

Deal will help Coke acquire a foothold in the fast growing multi-grain drinks category and chase growth in China.

Lafarge to sell assets worth $450m to Summit Materials.

Deal values the British gym at £1.3bn and the Virgin Group will retain a 20% stake in the business.

Axis and PartnerRe had earlier agreed to an $11bn merger to create one of the world's largest reinsurers.

Nokia has confirmed a strategic review of its maps unit after announcing the takeover of Alcatel-Lucent.

A potential deal could create a European telecoms equipment giant worth over €40bn.

Rival US investment firms Fortress, Pimco and Bayview Asset Management have also entered the fray.

Hospital group IDCSalud could be valued at up to €5bn, or a multiple of 12 times its pro-forma EBITDA of around €420m.

A deal with Blackstone Group and Wells Fargo could be announced on 10 April.

RBS's India diamond and jewellery financing loan book stands at about £491m.

London's CVC Capital Partners, US-based Providence Equity and TPG, and China's Fosun International target circus major.

Ola's mobile app allows users to hail taxis, autorickshaws and order food.

The deal marks Singapore Telecommunications' (Singtel) biggest acquisition outside the main telecoms sector.

Diageo to acquire the remaining 50% stake in UNB from Indian liquor baron Vijay Mallya-controlled Pestello Investments.

The deal is a prelude to the planned stock market floatation of the Dutch group's main lighting division.