Slow year for cross-border M&A: Thomson Reuters

Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.


Iberia lifts International Airlines Group second quarter profits

IAG's restructuring of Iberia started paying for itself as the company posted operating profits of EUR 245 million this quarter.

Kabel Deutschland board endorses Vodafone buy offer

The boards of Kabel Deutschland formally endorsed Vodafone's EUR 7.7 billion bid to acquire Germany's largest cable operator.

Queensland in talks for luxury hotel and casino project

The state government of Queensland announced that they are currently evaluating the proposal of billionaire Tony Fung for a AUD4.2 billion hotel and casino project.


Latest News

Sources told Reuters that Lloyd's Banking group is planning its exit from the Australian market.
Sources told Reuters that Sinopec Corp and Weatherford International are already in advanced talks for their joint venture.
Analysts eased concerns about Qualcomm-Alcatel joint venture and said that the two companies would gain from the enterprise.
Be Well Hospital announced it plans to launch a second round of funding, specific details of the funding round are yet to be revealed.
Cerberus stated that it had sold their entire remaining stake in Aozora Bank, completely exiting their stake from the bank.
Apple's newest acquisition hinted a step toward the possibility of wearable gadgets hitting the market soon.
A source said that Hasting's Utilities Trust of Australia was nearing an agreement to purchase Phoenix Energy from Terra Firma Capital Partners
Rod Duke of Briscoe Group revealed that the company wanted to make investments or acquisitions with its growing cash reserves.
Lesedi Council and a group of investors headed by Flanagan & Gerard announced a plan to construct a 35,000 square meter mall in Heidelberg, South Africa.
Paladin Energy Ltd announced plans to sell shares to institutional investors. Paladin Energy Ltd plans to sell shares to institutions after the conclusion of talks to sell a stake in the company's Langer Heinrich mine located in Namibia.