Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
Deals
Abu Dhabi's Tourism Development & Investment Co to seek USD 1 billion loan- sources
The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.
Alibaba will not list in HK bourse, no commitments to New York, others
Alibaba Group Holding Ltd would not list on the Hong Kong bourse, nor had plans to list on New York or any other bourse, said Chief Executive Jonathan Lu to Reuters.
IMF warns of banking defaults in three EU countries
After its review under the Global Financial Stability Report study, Italy, Spain and Portugal stand to be financially distressed because of their exposure to possible loan defaults from corporations.
Masdar Energy gets GBP 266 million for wind farm development
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
Latest News
Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.
Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.
A report by Reuters said the managers at exchange-traded funds (ETFs) employed a passive approach on stocks traded after its debut on the bourse.
An S-1 document filing by Twitter Inc revealed that the date of its initial public offering would be on November 15.
Biotech startups in the UK got a much-needed capital boost, thanks to Invesco Fund Managers Ltd's USD51 billion purse.
Some investors of AT&T Inc were wary about the US telecom company's plans to acquire European carriers.
BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
Indian Oil Corporation remained to be the sole bidder for the 31% stake of Haldia Petrochemicals, said The Economic Times report.
The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.
