Edward B. Doong

EADS Denies Revival of BAE-Merger Deal

EADS said it has no longer interest in completing its merger deal with BAE.

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Standard Chartered to Acquire Morgan Stanley's Wealth Management Unit

Standard Chartered has been planning to buy the wealth management unit of Morgan Stanley in India.

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Office Depot Shareholder Urges for Mexican Joint Venture Sale

Office Depot shareholder Starboard has been calling for the sale of Mexican joint venture.

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Ex Square Exec Joins Khosla Ventures

Keith Rabois, who had served Square as chief operation officer since 2010, will join Khosla Ventures in March.

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Japanese Government to Sell Almost 17% Stake of Japan Tabacco

The government of Japan is making plans for the sale of Japan Tabacco's 17% stake.

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PotashCorp. Eyes Increased Stake of ICL Israel

Potash Corp. has been looking to boost its stake at the world's sixth largest producer of potash.

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Carlyle Sets Sale of Arinc to Aerospace Industry Rivals

Carlyle expects interest from its larger rivals in the industry for its defense firm Arinc Inc.

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TPG Acquires Assisted Living for About $278 Million

Assisted Living Concepts reached agreement to be sold to private investment firm TPG for about $278 million.

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AB InBev Talks with US Justice Department on a Purchase Deal

AB InBev has been negotiating with the Department of Justice to settle lawsuit filed by the government to block its deal to acquire Mexican Group Modelo.

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First Quantum to Extend C$5.1 Billion Bid for Rival Inmet Mining Corp.

First Quantum may slightly extend its offer for Inmet as it resolves regulatory barriers, its president, Clive Newall, disclosed.

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MetroPCS Sees 65% Drop in Quarterly Net Profit

The U.S. wireless service provider has reported a decline by 65% in its quarter net profit as it tries to close its merger deal with T-Mobile USA.

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BH Media Group Acquires Lorton Family's Tulsa World

BH Media has announced that it bought the daily newspaper published by the Lortons in an undisclosed amount.

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Rosneft Confident to Get EU Approval for TNK-BP Takeover

Rosneft is confident it would get approval from the European Commission for its deal to buy TNK-BP.

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CNOOC's Acquisition of Nexen Inc. Closes at $15.1 BIllion

CNOOC agrees to pay $15.1 billion to purchase Canadian gas and oil company Nexen Inc.

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US Airways, American Airlines Name Executives to Lead Merger

The airline companies have appointed executives after concluding a merger which would become the biggest air carrier in the world.

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