Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.
Deals
Microsoft asks EU approval to take over Nokia's phone business
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
WebMD purchases Avado to shift company focus to Patient Engagement
WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
US Federal Reserve keen to resume massive asset-buying program after government shutdown
Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.
Clariant agrees to sell leather unit to Wendel's Stahl
Clariant and Wendel's Stahl reached an agreement with former to receive millions and shares. Clariant AG, Swiss maker of specialty chemicals, had agreed to sell a leather-treatment unit to French investment company Wendel SA's Stahl, according to a report by Bloomberg.
Latest News
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
PricewaterhouseCoopers (PwC) would be acquiring Booz & Co for an undisclosed amount. A Reuters report said UK accounting firm PricewaterhouseCoopers (PwC) entered into an agreement to purchase a corporate consulting firm.
Beijing-based wind farm operator China Longyuan Power Group Corp won a bid to jointly develop wind farms with local companies in South Africa.
Google protects secret SFO bay project via confidentiality agreements as new barge shows up in Maine
Google Inc had been going to extreme lengths to keep the purpose of its new infrastructure secret. In a report by Reuters, Google Inc went to great lengths keeping its latest infrastructure project under wraps.
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.
Twitter recently changed its design to give users a more direct experience. Twitter Inc has tweaked its design last Tuesday, Oct. 29, to provide its users direct image- and vide-sharing options within its timeline, according to a report from Reuters.
Rosneft Chief Executive Igor Sechin to President Vladimir Putin revealed plans of the oil company to acquire the government's 20% stake in Novorossiisk Commercial Sea Port (NCSP).
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.
Private equity firms had been seen selling its ownership stakes in small and medium companies in China to gain back equity.
