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Hulu LLC receives US$1 billion worth offer each from AT&T Inc-Chernin Group, DirecTV

AT&T Inc-Chernin Group and DirecTV offered Hulu LLC US$1 billion each. Hulu LLC, an online video service, received US$1 billion worth of offer each from AT&T Inc.


Empire East talks with Okada on Manila casino lot

Empire East Land Holdings Inc said that it already started preliminary talks with billionaire Kazuo Okada on his possible lot purchase for a resort and casino complex in Manila.

Total number of investments increase 8.33%-MENA report

Total number of investments increased 8.33%, according to a MENA report. According to a the 2012 Private Equity and Venture Capital in the Middle East Annual Report, the total number of investments rose 8.

Flipkart raises US$200 million through private equity

India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.


Latest News

The Indian Telecom Ministry will release guidelines for mergers and acquisitions by the end of the month.
After conducting reviews, JPMorgan found out that it had made about 9% mistakes in more than 1000 lawsuits filed against non-payment of its credit card holders.
China's foremost social media services provider, Net@lk, was acquired by Publicis Groupe. Today, Publicis Groupe announced that it acquired China's foremost social media services provider, Net@lk.
Neutra Corp. entered a joint venture with Vertigo Technologies through its subsidiary, Cannabis Technologies, Inc.
Santander Consumer released plans to raise US$50 million in its IPO. The lender behind Chrysler Capital, Santander Consumer USA, released a plan to raise at least US$50 million in an initial public offering, according to official papers filed with the U.
Global Blue and NTT DATA established joint venture, Global Blue TFS Japan Co., Ltd. to provide tax refund services to foreign travelers in the country.
Stinger Medical and Enovate merge to become the biggest provider of transportable clinical workplace in the US.
KKR & Co raised US$ billion for its third Asian private equity fund called Asian II Fund. KKR & Co's third Asia private equity fund obtained US$6 billion.
Chromebooks have effectively captured 20% to 25% of the U.S. laptop market according to report. Google Inc. 's Chromebook was brushed aside as a mildly cheap laptop with limited appeal when it was released two years ago.
According to three sources, Glencore Xstrata Plc looked to sell its Dakota Growers Pasta Co unit after its US$6 billion purchase for Viterra.