Deals
Yahoo Sought Dissolution of Microsoft Deal for Google
Yahoo's Marissa Meyer sought to end the search ad agreement with Microsoft and opt for Google's very own.
China Mengniu Dairy Purchases Milk Producer
China Mengniu Dairy Co Ltd purchases shareholdings in China Modern Dairy Holdings. The China Mengniu Dairy Co. Ltd has recently entered into an agreement to purchase US$410 million shareholdings in the largest unpasteurized milk producer in China.
Petronas Purchases Oil Firm Shares
Petronas of Malaysia has purchased a stake in a Brazilian oil field owned by Eike Bautista. Petronas, the state backed Malaysian oil company Petronas has entered into an agreement to pay US$850 million for a stake in an oil field located offshore in Brazil.
Apollo Global Sharholdings to Undergo Major Changes
Apollo Global's two founders and other cornerstone investors have committed to sell off part of their shareholdings.