British hedge fund giant Man Group said on Monday it has agreed to buy American peer GLG Partners for $1.6 billion, with the new entity to ...

Bank of America Merrill Lynch is helping more than a dozen multi-billion dollar international hedge funds set up or re-establish a presence...

Investors should invest in hedge funds. Many of them will do very well. But they probably should steer clear of the cos that run them.

Ranbaxy Fine Chemical’s (RFCL) plans to acquire the US-based speciality chemicals maker Mallinckrodt Baker is facing delays because of valu...

Lehman Brothers Holdings Inc's bankruptcy probably means the end of hedge-fund manager Oak Group after 22 years in business.

According to sources, the buyout agreement includes transfer of all key assets, brands and officials of Carlo Erba SPA to RFCL.

The fund will scout for a single buyout which is expected to be upto $1 bn. SPACs raise funds through public offerings. Need funds? Dial re...

Merrill Lynch and Citigroup have picked up 5% stake each in Multi Commodity Exchange (MCX), the country’s largest commodity exchange. The t...

Global financial institutions Merrill Lynch and Citigroup have picked up 5% stake each in the country’s largest commodity exchange MCX.

India Inc continued with its M&A frenzy in August striking an average of two deals per day, a marginal increase over the previous month's d...

The US-based private equity player New Silk Route (NSR) is close to investing around $40 million to acquire 26% in Rajkot-based Rolex Rings...

New Silk Route (NSR) - the private equity fund promoted by former DSP Merill Lynch MD Amit Chandra and former McKinsey global chief Rajat G...

Idea Cellular is understood to have got government clearance for foreign investment of up to 74 per cent equity.

Sequoia Capital is learnt to have picked up about 1.5% stake in Idea Cellular for around $48 million.

The company is likely to off load about 10 per cent equity through the IPO.