Apollo had made efforts to acquire Cooper Tire at the end of 2012.
Lack of trust in employers has often led Chinese workers to balk at takeovers they fear will worsen employment conditions.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
No respite in sight as not many big deals, initial public offerings in pipeline.
Apollo and Cooper are yet to make the customary rounds of courts to settle termination charges and break-up fees, but the mood already is buoyant among institutional investors who had red-flagged the highly leveraged transaction agreed upon by the Indian company.
5 things to look at when companies go for mergers and acquisitions.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances