MetroPCS faces pressure from P. Schoenfeld Asset Management, which owns about 2% of its shares, to update the merger documents with the Deustche Telekom AG's unit T-Mobile USA to reflect T-Mobile's earnings.
Edward B. Doong
Breaking News
Private equity firm CVC is holding early talks with McCarthy & Stone's former chairman Alan Bowkett to decide on the bid for acquiring the UK's argest retirement home builder.
The soccer club Arsenal insisted that its American billionaire Stan Kroenke, who owns a two-thirds in the London club, has no plans for selling his majority stake despite criticisms.
Oil group Repsol reached a deal for the sale of its 5% stake to Singaporean government fund Temasek as it hopes for financial stability.
Carlsberg is bidding for buyout of 30.31% share in Chinese brewer Chongqing Brewer Co. as it hopes growth in China.
Singapore Telecommunications, along with Amdocs, a software provider for telecoms, have opened a new development center in Israel in addition to similar centers in Singapore and Boston.
Natural gas explorer Ophir Energy Plc of Great Britain is turning into a potential takeover target as it demonstrates to have size bigger than its capability to develop assets on its own.
Petronas or Petroliam Nasional is being urged by Employees Provident Fund to increase its price to buyout liquefied natural gas shipper MISC.
Japan Petroleum Exploration will be taking 10% stake in the liquefied natural gas project being planned by Malaysia's oil firm Petronas in British Columbia, Canada.
Shares in Australia's rural broadcaster Southern Cross Media climbed to 22-month high when newspaper The Australian revealed that the company's board met about possible Nine Entertainment Co. merger.
The buyout firm has recruited two specialists in addition to its Japan team ahead of closing its new pan-Asia fund worth $6 billion
The new chief executive of Arabtec said that there are no attempts made by Aabar to increase shares in the investment fund.
Zain, a telecom firm in Kuwait, is in the process of selling its stake in its Iraqi unit.
Esa Ikaheimonen has been appointed as the new chief financial officer of Transocean Ltd., the largest offshore rig contractor in the world.
A report from newspaper Vedomosti disclosed that Peugeot and ZIL are planning to produce light commercial vehicles in the Russian market.
Subscribe to VCpost newsletter
Most Popular
- Affordable Connectivity Program: Congress Fights to Refuel Low-Cost Broadband Program Amid Looming Expiration
- Oil Prices Drop Below $80 After US Oil and Petroleum Reserve Reach Highest Level
- SSI Payment: Double Social Security Benefits in May? Here’s When You Will Receive Yours!
- Tyson Foods Found Dumping Million Pounds of Toxic Pollutants into US Waterways
- McDonald's and Other Corporations Warn That US Inflation Is Already Felt as Customers Spend Less
- Trump Justifies Earning Millions from Foreign Governments During Presidency
- US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap
- USDA Recalls 16,000 Pounds of Walmart Ground Beef Over E. coli Contamination
