After the Verizon-Vodafone USD130 billion deal, AT&T and Billionaire Tycoon Naguib Sawiris was reported to see Telecom Italia to be its next target.
Investors
US unlikely to block Smithfield’s products
According to a Reuters report, the US government would likely give its approval for the Smithfield Food Corp. and Shuanghui International Holdings USD4.7 billion deal.
CEO: Versace to sell minority stake privately before IPO
Versace CEO Gian Giacomo Ferraris announced that the company planned to sell a minority stake privately before launching an IPO.
Nokia follows Ericsson in networks focus
Nokia had its focus redirected on network equipment manufacturing after it sold its handset units to Microsoft Corp.
KKR to acquire Mitchell International
KKR & Co LP said that it had agreed to purchase a property claims software firm called Mitchell International for around USD1.5 billion.
Latest News
Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.
Wishabi's digital circular platform is what investors saw fit to be capitalized in its Series B round.
The Management Development Institute of Singapore (MDIS) would be investing MYR300 million of its money to construct a large campus at Educity, Nusajaya.
Zuora received another USD50 million in capitalization making the total capital financing received at USD132.5 million.
The BRICS Group had announced USD100 billion to a fighting fund after it wanted to make the current markets steady.
Private investment firm Bregal Partners announced the purchase of US Community Behavioral LLC. Bregal Partners had announced the acquisition of US Community Behavioral LLC.
Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold. One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm.
Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.
