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US plastic compound manufacturer A Schulman finalizes acquisition of Network Polymers

Ohio-based plastic compound and resin supplier A. Schulman Inc announced the completion of its acquisition of US engineered plastics distribution business Network Polymers Inc in a deal valued at USD49.5 million.


Microsoft gets US government nod for Nokia unit takeover

The Federal Trade Commission in a statement said the US government approved Microsoft Corp.'s acquisition of Nokia's mobile phone business on November 29. The European Union is set to decide on the matter on December 4.

German mobile developer Fishlabs acquired by Koch Media

Hamburg-based mobile developing firm Fishlabs has been bought by publisher Koch Media, and its co-founders Michael Schade and Christian Lohr are set to leave the firm.

India approves Swedish retailer H&M's USD115 million investment

India's Foreign Investment Promotion Board has given the green light to Hennes & Mauritz's (H&M) INR7.2 billion (USD115 million) investment. The Swedish retail-clothing company looks to open 50 stores in India.


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Children's Place, the largest children's apparel retailer in the US, is in talks with Arvind Brands about a possible India entry next year. Children's Place is looking to expand its market outside North America.
According to a Bloomberg report, Fifth & Pacific's designer handbag maker Kate Spade may become the next hot acquisition for buyout firms and retailers after the company sells Juicy Couture and Lucky Brand.
Alan Joyce, chief executive of Qantas Airways Ltd, has ruled out Australia's national carrier raising fresh capital to compete with arch-rival Virgin, saying the airline still has a lot of flexibility.
Indonesia's largest taxi company Blue Bird Group reportedly postponed its initial public offering this year after failing to get an approval from the Financial Services Authority of Indonesia.
US movie company AMC Entertainment Holdings Inc said it will seek to raise USD 368 million in its initial public offering. AMC is owned by the Dalian Wanda Group controlled led by Wang Jianlin, the richest man in China.
Houston-based energy firm Calpine Corp said it agreed to buy the 1,050-megawatt Guadalupe Power Plant near San Antonio for USD625 million from MinnTex Power Holdings LLC.
La Redoute chief executive Nathalie Balla and Redcats finance chief Eric Courteille have reportedly made a joint bid to acquire Kering's loss making mail order business La Redoute.
New York-based startup Eleven James received USD1.4 million in seed funding from strategic investors to launch its luxury watch rental and watch trade-in service for men.
German industrial conglomerate ThyssenKrupp AG reportedly plans to put up for sale its 51.5 million new shares in a capital increase. The deal could bring in EUR907 million (USD1.23 billion) to the company.
Private equity firm Thoma Bravo's quick flip of Digital Insight to NCR Corp just 124 days after it acquired the firm from Intuit was highly profitable for the company, a report from The New York Times The Dealbook said.