China’s Anbang Acquired Allianz’s South Korea Operations After Dropping Its Bid for Starwood Hotels

Anbang Insurance is acquiring Allianz’s operations in South Korea after dropping its offer to buy Starwood hotels. The deal is waiting for approval from South Korea’s financial regulator.

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Old Mutual Reportedly Planning to Split Into Several Units, The Company Stated It's Considering All Options

Giant South Africa-based international banking group Old Mutual has stated that they are considering all options as a result of a strategic review. Many believe that the group is planning to split itself into several business units.

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Bank Rossiya units seeking purchase of Tele2 from VTB

Applications with the Federal Anti-Monopoly Service was filed by two Bank Rossiya as they bid to purchase shareholdings in Tele2 from state backed bank VTB.

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Motorola production for MotoX reaches one hundred thousand

According to Motorola CEO Dennis Woodside, the factory is able to produce 'tens of millions' per year.

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Avon Agrees To Sell Silpada to Rhinestone for $85 Million

Avon agreed to sells its Silpada Jewelry Unit to Rhinestone for $85 Million

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