Arturo Elias, Carlos Slim's chief spokesman said America Movil had no intentions of raising its offered bid for the remaining stake of KPN.
Deals
Indonesia wants Filipino businessmen to invest in city- PCCI
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
Pentagon says foreign investment still encouraged in the US
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
Fidelity & Guaranty Life seeks USD1 billion in IPO
Fidelity & Guaranty Life had sought to raise USD1 billion through an initial public offering said people involved in the planning process.
Govt. official says Walmart India plans possibly at final stage
According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.
Latest News
A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
AMC Entertainment announced a new initial public offering as it sought to raise USD400 million. AMC Entertainment Holdings Inc. is the biggest movie theater operator owned by the richest man in China, Wang Jianlin.
China Petrochemical Corp.'s unit, Sinopec International Petroleum Exploration & Production Corp. had agreed to pay USD3.1 billion for Apache's Egyptian oil and gas businesses.
Vodafone Group had announced selling its 45% stake in Verizon Communications that would end a 14-year old venture.
American Express was said to compete for a stake in Foursquare Labs. American Express Co. had been reported to compete for an equity stake in Foursquare Labs.
Canada-based Demeure announced receiving USD4 million from its third round of seed funding. Travel marketplace Demeure had raised USD4 million in its third round of seed funding.
Private equity firms perform at higher levels in terms of buyout financing compared to the previous year.
According to technology news site Techcrunch, Pure Storage's recent USD150 million funding was a step to dominate the flash storage market.
US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.
