Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
Industry
Ontario Teachers To Vote for Sprint-SoftBank Deal
The Ontario Teachers Pension Plan will vote for the Sprint-SoftBank deal as it is the fifteenth biggest shareholder in Sprint Nextel Corp.
Royalty Pharma Increases Bid For Elan to US$8 Billion
Royalty Pharma raised its hostile bid for Irish drug firm, Elan from US$12.50 to US$13. (Photo : Reuters)The image is the corporate logo of Royalty Pharma, the healthcare focused equity fund.
SoftBank Looks Into “Plan B” with Deutsche Telekom
SoftBank is in talks with Deutsche Telekom in possibly acquiring T-Mobile USA after Dish Network Corp. made counter offer for Sprint Nextel.
Chinese Regulatory Authorities Unveil New IPO Rules
China's regulatory watchdog has unveiled new IPO rules. Last Friday, the Chinese government had published new draft rules designed to improve the transparency and pricing structure of initial public offers in its domestic stock markets.
Latest News
Samsung lost US$12 billion market value after the slowing sales of its flagship smartphone, Galaxy S4.
Myanmar opens its doors to foreign investors to explore the country's abundance in natural gas.
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
Centrica PLC is in discussion with Cuadrilla Resources to buy a stake in its licenses for the exploration of shale gas fields.
General Motors Co expands a maintenance program to boost revenue while still looking at share buyback and dividend.
Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.
American International Group Inc. (AIG) gets missed payments from a buyer group in China. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.
Rio Tinto Ltd. calls for final bidders for their majority stake in Northparkers copper mine in Australia.
