Honda Motor Co's stake sale in Honda Elesys Co would encourage the cooperation of the company and its buyer Nidec Corp in capitalizing the growing demand for car electronic controls.
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Kleinwort Benson renews deal to buy out Deutsche Bank’s BHF-Bank
RHJI renewed a deal with co-investors to successfully acquire Deutsche Bank’s BHF-Bank. In an attempt to acquire Deutsche Bank, BHF-Bank, Kleinwort Benson, RHJ International's owner, rallied co-investors.
Hon Hai among winners of 4G licenses in Taiwan
Taiwan released fourth-generation mobile spectrum licenses wherein NCC and Hon Hai were among the bidders.
Venture capitalists betting on growth of civilian drones
Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.
LinkedIn's third quarter report shows robust gain despite minimal ad spending share
According to tech website VentureBeat, professional networking service LinkedIn's mobile strategy helped the company capitalize on its minimal ad spending share in digital ads.
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Private equity firms had been seen selling its ownership stakes in small and medium companies in China to gain back equity.
CVC Capital Partners would be acquiring a 69% ownership stake in Chinese restaurant chain South Beauty Investment Co Ltd for USD300 million, sources said.
The hiring of two new Energy Future Holdings Corp board directors was seen as timely as the power producer needed to decide on making its USD270 million interest payment before November 1.
The source said China Construction Bank Corp's acquisition of BicBanco would be the easiest step in securing a license to expand in Brazil.
Sources told Bloomberg that hedge funds were asking the consumer bureau to investigate World Acceptance Corp.
Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.
Fund managers said they were optimistic about Twitter's upcoming debut. Institutional investors expressed confidence about the initial public offering of social media company Twitter Inc.
Sources told Bloomberg that the Blue Bird Group had begun to check investor demand for its planned USD 450 million IPO.
Ally Financial wrote down a USD170 million charge for its third quarter earnings after reaching a settlement with two US housing regulators.
