Global Cash Access Holdings Inc (GCA.N), which provides cash services to casinos, said it would buy slot machine maker Multimedia Games Holding Co Inc (MGAM.O) for about $1.2 billion to strengthen its gaming business.
Deals
PDVSA seeks bids for Citgo in potential $10 billion deal - sources
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
Siemens to delist from London, Swiss exchanges
German engineering group Siemens will delist its shares from the London and Swiss stock exchanges because of low trading volumes there, it said on Tuesday.
Portugal Telecom, Oi shareholders approve new merger terms
Shareholders of Portugal Telecom (PTC.LS) and Brazil's Oi (OIBR3.SA) on Monday approved the revised terms of a merger after a failed debt investment forced the Portuguese company to accept less favorable terms in the tie-up.
Glenfiddich owner William Grant buys Drambuie
William Grant & Sons Ltd, the UK-based maker of Glenfiddich whisky and Hendrick's Gin, has acquired Drambuie for an undisclosed price, the company said on Monday.
Latest News
Japan's largest e-commerce firm Rakuten Inc (4755.T) said it was in talks to buy U.S. rebate site operator Ebates, a deal reportedly worth $950 million and the latest in a long line of overseas acquisitions.
When Chinese e-commerce giant Alibaba Group Holding revealed plans earlier this year to go public on a U.S. stock exchange, financial advisers like Bob Mecca in Hoffman Estate, Illinois braced themselves for a wave of frantic calls from retail investors wanting to get in on the action.
Apple Inc has invited top fashion editors and bloggers in unprecedented numbers to its Tuesday launch gala, further evidence that the iPhone maker is preparing to take the wraps off a smartwatch.
A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
Renowned British architect Norman Foster and a son-in-law of Mexican tycoon Carlos Slim have won a design contract for a new $9.15 billion airport for Mexico City, a source familiar with the decision said on Tuesday.
Employees of Time Warner Cable will be $416 million richer even if the cable operator's merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal.
On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold miners, fresh off one of the biggest deals of their careers.
Billionaire investor Carl Icahn has sold his entire stake in Family Dollar Stores Inc (FDO.N), making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday.
Some of the best-known technology investors are looking beyond their tried-and-true Internet plays to bet on healthcare data as the next growth market.
