Archives
Telefonica's backer sets stage for Royal KPN takeover
Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.
Anadarko sells part of stake in Africa property
Anadarko sells part of its stake in Mozambique property to Oil and Natural Gas Corp. Ltd. for USD2.64 billion.
Canva launches graphic design platform from USD3 million funding
Canva launched a new tool for design creation and collaboration through a USD3 million in seed funding.
Microsoft's next CEO to face big choices: Bloomberg analysis
An analysis by Bloomberg said that the next CEO of Microsoft would face a lot of big choices to make after Steve Ballmer's resignation.
Latest News
Private equity exits in India had doubled amid the weakened currency, unstable market capital and poor macro-economic conditions.
The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
IILM Corp's debut sukuk was oversubscribed according to reports. The International Islamic Liquidity Management Corp, which is based out of Malaysia, announced on Monday that it had auctioned USD490 milion in sukuk bonds.
SABB, which is partially owned by HSBC, has been busy preparing for a sukuk bond issue by year's end.
Pritzker Family agreed to buy TMS International Corp. for USD1 billion. The Pritzker Family, one of America's wealthiest families, has agreed to purchase TMS International Corporation with an approximate USD1 billion cash deal.
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
Baird Capital recently announced its investment in China's Kedu Healthcare. In an announcement, Baird Capital said its China Growth Equity team had invested in one of the largest medical equipment service providers in China, namely Kedu Healthcare.
Reuters had seen a termsheet showing that HUDCO planned to raise INR12.5 billion through selling of tax-free bonds.
The world saw Filipinos staged a mass rally against corruption that was organized via social media like Facebook and Twitter.
Amgen was looking into buying more small-sized but profitable firms after its successful bid with Onyx Pharmaceuticals.