AMP Capital offered to buy US$408 million worth of stakes for Power Co. (Photo : Reuters)AMP Capital offers to buy stakes in NZ Power Co. AMP Capital offered to buy 42% stake in New Zealand's second largest gas and electric distributor, Power Co Ltd.

Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.

Microsoft CEO Steve Ballmer gave Skype president Tony Bates acquisitions and relationship roles for the company.

Chesapeake Energy Corp announced selling a portion of its oil and gas holdings in southern Texas and Northern Louisiana.

Ranhill Energy of Malaysia launched bookbuilding for proposed IPO set for late July 2013 (Photo : Reuters)Malaysia's Ranhill Energy and Resources Bhd launched details for proposed IPO Ranhill Energy and Resources Bhd, the Malaysian energy and water company launched the bookbuilding for its proposed initial public offer of US$240 million in Malaysia.

Michael Dell’s US$24.4 billion bid to take Dell Inc private mounted odds as the Institutional Shareholder Services firm lean against the offer and the company’s board urged the founder and his partners to increase their bid.

AMP Capital Investors Ltd resumed acquisition of Japan’s stock with expectations that Japan’s Prime Minister, Shinzo Abe would win upper house votes.

Yahoo Inc acquired Xobni, an email and address book management app, to boost its Web traffic and revamp its online products.

Federal Communications Commission members approves Sprint-Clearwire-Softbank deal. (Photo : Reuters)FCC gives a green light for the Sprint-Clearwire-Softbank deal The FCC gave the Sprint Nextel-Soft deal the green light as they collected the final vote for the approval of the merger.

Owning Bitcoin could become illegal if governments outlawed the digital currency due to unusual risks and decentralization.