UAE's Emirates Telecommunications Corp. (ETISALAT) would be the new owner of a portion of Vivendi SA's stake in Maroc Telecom SA.
Tags: Bloomberg
Turquoise Hill prepares USD2.4 billion rights offer for Mongolia mine
Vancouver-based Turquoise Hill Resources Ltd said it would go ahead with a USD2.4 billion rights offer for Mongolian copper mine Oyu Tolgoi after the company failed to secure long-term funding for the expansion of the mine.
Novartis sells diagnostics unit to Grifols for USD1.68 billion
Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.
Slater & Gordon announces more acquisitions plans in UK
Law firm Slater & Gordon Ltd said it would make more acquisitions in the UK using funds raised through share sale this year.
Macquarie challenges Aberdeen with rival SWIP bid
Macquarie Group Ltd said it would make a GBP500 million offer for Scottish Windows Investment Partnership, which was reported to receive a previous bid from deen Asset Management Plc.
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Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.
U.S. consumer confidence declined to its lowest, attributed to government shutdown. Consumer confidence in the U. S. declined for five weeks straight and has reached its lowest level, according to a Bloomberg report.
China Resources, a state backed conglomerate, had been studying its options including a possible sale for its Hong Kong meat distribution unit, said a report from Bloomberg News.
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Bloomberg LP said that it would appoint an ombudsman that would create a task force how news was derived from sources by each company journalist.
Billionaire Elon Musk would receive US$4.3 million in share-based pay for his recent work on Tesla's Model X sport-utility vehicle.
Tesla Motor Inc. rallied 14% after posting its second quarter earnings report which helped the fortune of Elon Musk to rocket by US$570 million yesterday.
Sony Corp.'s hedge for its PlayStation game enterprise has backfired as dollar costs rise. The strategy of Sony Corp. that shielded its PlayStation game enterprise from a strengthening yen has backfired.
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
