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Flashback of the best business deals of India in 2010
By Suman Ravikumar, SiliconIndia
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Saturday, 01 January 2011, 00:33 IST |
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2. Zain of Africa, now Bharti Airtel's
Bharti Airtel, one of the leading companies in mobile services acquired African based Mobile Telecommunications Company, Zain for $10.7 billion deal. Zain covers about 15 countries through its services and this acquisition has got a total customer base of 180 million to Airtel. Also with this deal it has entered into one of the most important and emerging markets of the world.
3. British salt dilutes into Tata
British Salt which is a UK based manufacturer of pure dried vacuum salt products was acquired by Tata Chemicals for a whopping $13 billion. Tata not only gained access to strong brine supplies but also penetrated into the food and farm sector. British Salt has a production capacity of at least 7.20 lakh tonnes a year.
4. ICICI Bank buys Bank of Rajasthan
ICICI acquired Bank of Rajasthan for a deal amount of $668 million. With this acquisition, ICICI will improve its services in the Northern and Western part of India.
