Medioblanca to sell stakes in Generali and Telecom Italia

Medioblanca will sell stakes as part of its revival campaign. (Photo : Reuters)This is an image of Telecom Italia's logo. Italy's largest listed investment bank Medioblanca SpA is planning to sell its stakes in firms which include Assicurazioni Generali SpA and Telecom Italia SpA.


Volkswagen names new head for Audi

Voklswagen named Ulrick Hackenberg as Audi's new head. (Photo : REUTERS) Volkswagen AG recently announced Ulrich Hackenberg as the new head of its Audi brand, replacing Wolfgang Duerheimer.

PepsiCo India's president exits company

PepsiCo India left the company today to pursue other endeavors. (Photo : Reuters)This is an image of a Pepsi product. PepsiCo Inc. 's Indian operations president Manu Anand quit his position today after serving the globally iconic snack food producer for 19 years.

Rosneft will Increase Oil Flows to China in a US$270 Billion Deal

Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.


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SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Dish Network abandoned its bid to buy Sprint Nextel. (Photo : Reuters)The image is the corporate sign of Dish Network set on its office facade. Dish Network stopped its bid to acquire Sprint Nextel Cop.
Al Noor to conduct IPO to raise funds for growth and expansion. (Photo : Reuters)The developing areas of Abu Dhabi are featured in this image. Al Noor Hospitals, the Abu Dhabi based healthcare company, has priced its initial public offer in London at GBP5.
Shriram Ventures are in discussion with private equity firms such as Blackstone Group and Temasek Holdings.
Wal-Mart, with nearly 1.2 million strong retirement fund members, is accepting bids to manage its US$15.6 billion 401k program.
Sprint Nextel, to ease out Dish Network from the picture, upped the ante and offered US$5 per shsre.
Rona Inc, the home improvement retailer, has agreed to sell off specified business areas to Emco. (Photo : Reuters)The image is the corporate logo of Rona Inc.
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
Both antitrust regulators on both sides of the pond approved the sale of 49% of Virgin Atlantic to Delta Airlines.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.