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British supermarket chain Asda signs £600M deal with The Co-op for 132 Store SitesAsda will acquire 132 stores—129 petrol station forecourts and 3 development sites—for £600 million. The deal amount includes the £162 mill...- Walgreens drops sale of Boots pharmacy chainEarlier this month, Reliance Industries Limited together with private equity group Apollo Global Management Inc made a firm and fully finan...
- Why is Mukesh Ambani so bullish about Boots? The fine printIf it can close a deal, the Ambani consortium has a good chance of making a decent return on the British high-street stalwart. But the reme...
- The fight for Boots: What gives Mukesh Ambani the edgeThe Walgreens board will now meet and deliberate on this offer and come back within a few weeks - likely before their upcoming quarterly re...
- Mukesh Ambani-owned Reliance closes in on Boots acquisition, makes binding offerBloomberg reported that the consortium has made a binding offer for Walgreens Boots Alliance Inc.’s international drugstore arm citing peop...
- Mukesh Ambani and Apollo close in on Boots buyoutReliance and Apollo have been in dialogue with global banks and financial institutions to stitch together funding for what would arguably b...
- Rishi Sunak, wife Akshata make UK's 'Sunday Times Rich List' debutBritish-born Sunak, who is married to India-born Murty – the daughter of Infosys co-founder N R Narayana Murthy, is described in the analys...
- Exclusive: Largest cross-border M&A for Mukesh Ambani in the makingAmbani has sets his aim on another marque multi-billion dollar cross border buyout — Walgreens Boots Alliance Inc’s international chemist a...
- Indian diaspora struggles to help homeland ‘gasping for air’Millions of Indians spread across the globe -- one of the world’s largest diasporas -- are trying to do what they can to help their country...
- Indian-origin billionaire brothers buy UK fast food chain LeonLeon, Founded by John Vincent, Henry Dimbleby and chef Allegra McEvedy in 2004, pitches itself in the category of "naturally fast food" wit...
- Indian-origin billionaire brothers, academic, Skipping Sikh on Queen's honours listThe list, which had been deferred from its usual early June release to consider nominations of people playing crucial roles during the firs...
- Billionaire British brothers Mohsin, Zuber Issa and TDR buy Walmart's Asda for $8.8 billionThe deal, led by Mohsin and Zuber Issa who founded the petrol station operator EG Group nearly two decades ago, and TDR means Asda will be ...
- Three of Britain’s four wealthiest are IndiansDavid and Simon Reuben, of Iraqi Jewish origin but Mumbai-born, have slipped from first to third place this year with an estimated wealth o...
- Three of Britain’s four wealthiest people are India-bornThe Sunday Times Rich List 2017 places the Hinduja brothers at the top of 134 billionaires in the country.
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