Air Asia gets to second step in operating airline in India. Air Asia Bhd has been give approval by Indian regulators to enter into a joint venture for an Indian airline.
Regions
Royalty Pharma Confident in its Bid to Acquire Elan
Royalty Pharma has expressed confidence in its bid to buy out Irish drugmaker Elan, saying that its takeover offer is an attractive alternative.
Dell's Sale Could Benefit Shareholders: Special Committee
The special board of directors committee of Dell is defending the sale of the company as it expects shareholders to get the best possible value from the deal.
Marchionne: Fiat-Chrysler Merger Could Be Possible by Year-End
Fiat's executive Sergio Marchionne expects the merger between the Italian carmaker and United States' Chrysler to close by the end of the year once he agrees on the buyout of the stake in the American unit.
Coach Bargain Shares Attract Takeover Bids
Coach's financial performance makes it ripe for rival bids. Coach Inc, the maker of luxury handbags and heels are now giving bargains for its luxury brand.
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The Chinese Internet portal company is rejecting claims that it is in talks with investment banks over plans to make private.
Argentina's expropriation of Repsol stake in YPF subject to claim and clarification. Caixabank, a key shareholder in Spanish oil giant Repsol, is exploring avenues to seek compensation for the expropriation of the national oil company YPF.
Korean chaebol Samsung purchases shares in Japanese rival Sharp. Samsung Electronics would be investing US$110 million in Sharp Corp in 2013 to stabilize the supply of television and improving the opportunities for the Japanese screen maker.
Deutsch Telekom said in a statement it received no objection from DOJ as it completes merger between its T-Mobile and MetroPCS.
The purchase of Virgin Media by Liberty Global revises conduct of company online. United Kingdom television cable provider Virgin Media Inc has been bought out by media giant Liberty Global Inc.
Verizon and Vodafone discussing future of Verizon Wireless. Verizon Communications Inc, which is now deep in a battle for control with Vodafone Group Plc, has proposed to dissolve their relationship through the wireless joint venture.
Islamic bonds to be issued by Emirates Airline. The world's largest airline in terms of international traffic, Emirates Airline would begin holding meetings with investors for the possible sale of Islamic bonds called sukuks.
Funding from equity firms raised by Grameen Koota. Grameen Financial Services Pvt Ltd is a microfinance firm more known as Grameen Koota. In its third round of equity fund raising, it was able to raise Rs 53.
Special committee acquiesces to Michael Dell's offer. After months of speculation and back and forth discussions, a special committee comprising Dell Inc's board of directors announced that after evaluation, the best alternative for shareholders would be to sell off the company.
