Kentz Corp said no to takeover offers from rival AMEC Plc and Germany-based M+W Group. Kentz Corporation Ltd rejected approaches from AMEC Plc and M+W Group to take over the engineering firm.
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Beats Electronics to launch Spotify contender, itching to drop HTC
A Wall Street Journal report said that Beats Electronics is planning a major buyout of HTC and generate funds to expand its newest digital streaming business Beats Music.
W&G Investments set to go public in London tomorrow for RBS bid
Company filings revealed that W&G Investments will be offering a share sale tomorrow as part of its due diligence requirement for its planned bid of RBS branches.
Atlas Copco plans to buy Edwards Group for USD 1.6 billion
Atlas Copco said it would purchase Edwards Group for up to USD 1.6 billion. Sweden-based Atlas Copco announced its plans to acquire Edwards Group. The deal, worth up to USD 1.
Singapore reveals improved social programs
The Singapore government disclosed plans of improving social programs to alleviate economic strains.
Latest News
Asian markets affected by US stock's worst weekly performance for the year. Asian markets fluctuated with meek profits and losses Monday as apprehensions rose on US market issues.
XPO Logistics Inc completed its acquisition of 3PD Holdings in a deal valued at USD 365 million. Arcapita sold its North American logistics company 3PD Holding to XPO Logistics Inc.
Market research firm eMarketer projected mobile payments will top USD1 billion in the US for this year, and by 2017 would reach USD58 billion.
Reports said Nokia would roll out a tablet powered by Windows RT next month. Microsoft failed to meet the sales expectations on its Surface tablets running on the Windows RT operating system.
The Central Bank of the Philippines accredited Eastspring Investments to handle its equity fund. The Central Bank of the Philippines (Bangko Sentral ng Pilipinas or BSP) tapped Eastspring Investments to manage its provident fund equity fund.
Ethiopia signed an USD800 million contract with ZTE for the expansion of the country's mobile phone infrastructure.
Fresh from Activision's success of its popular Skylanders franchise comes Disney Infinity, a move from Walt Diney Inc to expand into the toy-meets-video game-world market.
Blackstone announced plan to acquire Hong Kong's Tysan Holdings to establish foothold in China market.
Royal DSM announced plans of slowly transferring back-office work to India in the next couple of years.
