Vodafone Group has only a few hours left to acquire 75% of Kabel Deutschland's shares to tender its EUR7.7 billion or USD10.2 billion offer.
Investors
Accel-KKR buys majority stake in EA Holdings
Accel-KKR bought a majority stake in EA Holdings. Private equity investment company Accel-KKR announced that it had bought majority shares in EA Holdings.
'Laser-focused' jargon popular in CEO speeches
Business communication analysts had said that chief executive officers (CEO) should be wary about using jargon like "laser-focused" inn investor communiques.
Magazine publisher Time to spin off from parent in early 2014
Magazine publisher Time Inc. purchased the publishing arm of American Express Co as part of its plans to spin off from its parent Time Warner Inc.
Skuldtech scores additional EUR 1 million from Bpifrance for Alzheimer's disease project
Skuldtech announced that it had secured additional funding from Bpifrance worth EUR 1 million to develop a new therapy for Alzheimer's.
Latest News
Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
A released August report by the Treasury Department indicated that the US government would be looking to exit American multinational automaker General Motors (GM) as the state recently sold USD811 million of GM's common stock.
Sheryl Sandberg met with the State Council Information Office (SCIO), an Internet regulator, in China yesterday.
Nickel producer Norilsk denied reports that it would be acquiring a stake in potash firm Uralkali. Norilsk Nickel said it was not interested in acquiring a stake in Uralkali.
The Telegraph reported that Royal Dutch Shell had postponed its refinery project worth USD 1.3 billion in eastern China.
According to Motorola CEO Dennis Woodside, the factory is able to produce 'tens of millions' per year.
A survey showed that buyers of distressed debt in Australia favored soured loan acquisitions from smaller firms.
Voters rejected the casino proposal of Hard Rock International for West Springfield, Massachusetts. The casino proposal of Hard International for West Springfield, Massachusetts was rejected by voters in West Springfield, Massachusetts.
On a September 12 meeting at Dell Inc's headquarters in Round Rock, Texas, the company was expected to announce that CEO Michael Dell and Silver Lake Management LLC got shareholder approval to proceed with the USD24.90 billion leveraged buyout.
