A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
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STAT-Diagnostica appoints new chairman
STAT-Diagnostica appointed Gerard Valliant as its new chairman. (Photo : Reuters)The image is the diagnostics center of a hospital. STAT-Diagnostica, a medical diagnostics company, has announced Gerard Vaillant as its new chariman of the board of directors.
H&M keeps optimism as sales rise
Hennes & Maurits clothing company said that its sales are boosted this month, keeping investors calm despite its poor performance last quarter.
Ex-LinkedIn veep now part of Gild Inc.
Steve Cadigan, previously LinkedIn's vice-president for Talent, is now part of Gild's board of advisors.
SunGard Data Systems seeking divestment of data managing operations
SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.
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On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.
Google Inc. is looking actively for acquisitions from private equity alliances to help it structure its deals.
Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.
Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.
