Tag Archives : merger
Indian and South African Telecom Merger
The Indian telecom giant Bharati Airtel and South Africa’s MTN Group Limited has planned on a merger aiming to tap the emerging markets. The merger would help both the company gross revenue of $ 20 billion. Together with the fat profits, the customer base of over 200 million subscribers combining both the company is quite a bonus.
The merger would [...]
Filed in: Business, New Ventures & Start Ups
Giant Pharma Companies Glaxo and Pfizer Merge to Develop AIDS Drugs
In a new agreement, giant pharmaceutical multinationals GlaxoSmithKline Plc and Pfizer Inc., the two leading developers of AIDS drugs, set up a joint company to develop drugs against HIV. This new company will hold nearly a fifth of the market for treatments against the virus. Glaxo will initially have an 85 percent stake in the joint venture. Pfizer [...]
Filed in: Business, Market Trends
