Calumet Specialty Products said it plans to complete its acquisition of ADF Holdings by March 31. ADF is the parent of Tulsa-based Anchor Drilling Fluids USA Inc., a leading provider of drilling-fluid solutions to the oil and gas industry.
Comcast Corp.’s proposed $45 billion acquisition of Time Warner Cable Inc. is being probed by at least six states that have joined a federal review of whether the deal violates antitrust laws.
Eli Lilly and Co. is buying a privately held, poultry-vaccine maker based in Germany to strengthen its Elanco animal health subsidiary.
NiSource, which operates the largest natural gas distribution company and second largest electric distribution company in the state, could be acquired by a company seeking to profit from the shale-gas boom.
Financial terms of the sale to Boston-based private equity firm Thomas H. Lee Partners LP weren’t disclosed. WellPoint paid a reported $900 million to buy the company in June 2012.
ExactTarget Inc. sold for more than $2.5 billion after a bidding war among some of Silicon Valley’s biggest players.
Carrefour SA joined a group of institutional investors to buy 127 European shopping malls in a $2.75 billion deal with Klepierre SA, which is 29-percent owned by Simon Property Group.
Indianapolis-based Adayana Inc. received permission this week from U.S. Bankruptcy Court in Indianapolis to sell the business to a secured lender in exchange for millions of dollars in debt.
Bel-Ray Co. deal brings East Coast ports to Indianapolis-based Calumet.
Republic said selling Frontier for $36 million plus assumed debt will let it refocus on running feeder airlines for major carriers such as Delta and United.
Apple has applied for a patent that sounds pretty familiar to the folks at Carmel-based ChaCha Search Inc. Enough so that ChaCha founder Scott Jones has suggested that his business is well-suited for an acquisition by one of the largest companies in the world.
Indianapolis-based Wheaton is making a strong move into the high-end corporate relocation business with its purchase of Boston-based firm Clark & Reid Co. Inc.
Mergers and acquisitions are lagging this year, even as the market notches a series of record highs and is headed for its best year in a decade.
Taft Stettinius & Hollister LLP, which includes about 100 attorneys in Indianapolis, expects the merged firm to bill in the range of $175 million to $200 million annually.
The Indianapolis-based trucking firm plans to establish a foothold in the Canadian rail industry by acquiring N. Yanke Transfer Ltd., which posted $90 million in revenue in 2012.
Apparel maker Sport-Haley Holdings Inc. has closed its $3.45 million purchase of Indiana-based furniture maker Chromcraft Revington.
Buyer Indigo Partners says it first needs agreements with the union for Frontier flight attendants, and with credit card issuer Barclays.
The CEOs and of four cloud marketing companies–two national and two local–might make Indianapolis into a bridge between two feuding Silicon Valley giants. Or put the city in the middle of an aggressive arms race in one of the tech industry’s hottest markets—cloud marketing.
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.
The Indianapolis-based regional carrier plans to tie up negotiations with a prospective buyer, believed to be headed by former Spirit Airlines Inc. Chairman Bill Franke.
