LONDON - Len Blavatnik's investment group Access Industries said on Monday it planned to buy out the rest of Perform that it did not already own, valuing the entire sports rights firm at 701.6 million pounds ($1.2 billion).
Sun, Aug 31 2014
PARIS/LONDON/MILAN - Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.
Sat, Aug 30 2014
FRANKFURT - German solar firm SAG Solarstrom AG, which filed for insolvency late last year, said on Saturday it agreed to be acquired by Shunfeng Photovoltaic International for 65 million euros ($85 million).
HONG KONG - Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday.
NEW DELHI - India has decided to acquire Boeing's Chinook and Apache helicopters, an Indian defense ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington.
Fri, Aug 29 2014
- Online advertising company Criteo SA's shares jumped as much as 21 percent in early trading on the Nasdaq, after French media reported that advertising group Publicis Groupe SA was in talks to buy the Paris-based company.
MILAN - Fiat signaled its merger with U.S. affiliate Chrysler was on track on Friday as a tally of shareholders suggested most had chosen not to exercise an option that could derail the plan, a vital step in the Italian carmaker's turnaround efforts.
Thu, Aug 28 2014
- Johnson & Johnson plans to seek a buyer for its medical device maker business, Cordis Corp, The Wall Street Journal reported citing people familiar with the matter.
BRUSSELS - U.S. cable TV provider Liberty Global will gain EU antitrust approval to acquire Ziggo on condition it sells a pay TV channel and doesn't block rivals from its internet network, two people familiar with the matter said on Thursday.
MOSCOW - Russia's Economy Minister said on Tuesday that preparations to sell a part of the state's stake in Rosneft, the world's top oil producer by output, are under way and it could be sold in two tranches, RIA Novosti news agency reported.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.