Industry

Stratasys to Acquire MakerBot for $403 Million

Stratasyst Ltd. will acquire consumer printer manufacturer, MakerBot in a deal valued around US$403 million.


Belgian regulator fines former Fortis officers for gaffe

The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.

Hedge Fund Managers Fear Continued Doldrums

Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.

German Court Takes on Porsche Lawsuit

A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.


Latest News

CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.
Google Inc. is looking actively for acquisitions from private equity alliances to help it structure its deals.
Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.
Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.
Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.
Carl Icahn promised Dell shareholders to buyback US$16 billion of its stock if they will join his campaign against privatization of the computer maker.
Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.