ProMOS Technologies Inc. reached deal to sell 12-inch wafer fab to Silicon Valley-based contract chipmaker GlobalFoundries.
Archives
Blackberry Reports Higher-Than-Expected Profit
Blackberry becomes ideal for a potential takeover as it reports good earnings. Blackberry has reported good earnings higher than what analysts expected, making an ideal candidate for a buyout by a larger technology company, said CNBC's Jim Cramer.
Fiat Seeks Credit Line Prior to Chrysler Deal
Fiat to secure credit line to prepare for options in the next move for Chrysler shares. Fiat SpA has reached out to banks for the refinancing of its Eur1.
TNT Express Makes Sale of its Chinese Road Operations to Funds
TNT Express has decided to sell its its Hoau domestic road operations in China to private equity funds following UPS back-out.
Credit Suisse Agrees to Sell JO Hambro to Bermuda National for 50 Million Pounds
Credit Suisse, the second-largest banker in Switzerland, has signed an deal to sell British wealth manager JO Hambro Investment Mangement Ltd. to investment company Bermuda National,
Latest News
Veolia's divestment program sells off its water and wastewater concessions to Beijing Enterprises Water Group Ltd.
China's Dongfeng Motor Group decides not to continue bidding for a major stake in Fisker Automotive over loan obligations.
International Investment Bank of Bahrain purchases 10% of Leeds United Football Club. Leeds United, the UK football club has sold a 10% stake to the International Investment Bank of Bahrain.
Liberty Global reaches deal with Barclays to purchase 12.7% stake in the latter's Ziggo. Liberty Gobal Inc. has acquired a stake worth 12. 7% in Dutch cable television operator Ziggo NV from Barclays Plc following the British bank's failure to seek buyers in a share sale last week.
QInvest to launch new Islamic funds not just for GCC consumption but for the world as well. QInvest, the investment bank with majority shareholdings owned by Qatar Islamic Bank, announced that it would plan to launch at least thirty Islamic funds in the next three years.
Transportation equipment firm Toyota Industries Corp. made completion of its tender offer for shares in Cascade Corp.
John Malone's Liberty Global purchases Ziggo stake from Barclays Bank. Liberty Global, the cable investment firm founded by John Malone, has recently purchased a 12.
Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.
Matrimony.com is now preparing for IPO. In a country that spends US$37 billion a year on weddings, it is no wonder that one of its premiere matchmaking sites is going public.
