State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Deals
ZTE Corp plan to expand to US market
The US is the next frontier for ZTE, as it partners with the NBA's Houston Rockets. The third largest smartphone seller in China, ZTE Corp, had laid out plan to become the one of the top three handset companies in the the next three years.
Facebook's gain is impatient investors' loss
Facebook Inc's investors including the social media company director Peter Thiel were not confident about the company's performance post-IPO.
New rules on mergers in India telecoms industry scored
Differing opinions met the new guidelines on Indian mergers and acquisitions in the telecommunications industry.
New book details the 'descent of Air India'
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Latest News
According to a report from Bloomberg, Forest City Ratner Cos had sold a 70% stake in Atlantic Yards to speed up a real estate project confronted by years of delays.
Twitter would pay a smaller fee to bankers at 3.25% of its IPO valuation, compared to that of Facebook's, according to sources.
Twitter Inc's most anticipated IPO had been clouded with social media giant Facebook's last year debut, said a Reuters report.
According to sources, there were at least seven bidders interested in acquiring a minority stake in Italian fashion house, Versace.
Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Bain Capital Fund XI, with a projected USD6 billion, is now worth USD2.3 billion. Bain Capital was able to raise about USD5 billion for its eleventh buyout fund.
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home. Facebook CEO Mark Zuckerberg was recently reported to have purchased four homes adjacent to his own home in Palo Alto, CA.
