MediaQuest Holdings Inc bought more shares in BusinessWorld, making the PLDT Group subsidiary the majority stakeholder in the Philippine's first business newspaper.
Leveraged Buyouts
Atlas Copco buys the Edwards Group
The Edwards Group;s purchase price was pegged at GBP1 billion for Atlas Copco. In a report from Sky News, it was revealed that the Edwards Group, which is based out of Sussex, is the subject of a GBP1 billion takeover bid.
Column: Bezos needs to relaunch a business model
It has been a week after Amazon founder Jeff Bezos announced acquisition of Washington Post, a deal said to be the convergence of old and new media.
Sirius closes deal with Agero
Sirius XM Radio recently closed the acquisition deal with Agero Inc. Sirius XM Radio disclosed last Thursday on the company's acquisition of Agero Inc for USD 530 million in cash.
ShopRunner minority stake purchased by Alibaba
ShopRunner added to Alibaba's recent purchases made to help in the former's IPO. Recently, ShopRunner a private shipping company owned by Michael Rubin, sold minority stakes to Chinese e-commerce company Alibaba Group.
Latest News
Analysts disclosed that BlackBerry's assets could attract investors. Reports have resounded Blackberry's confirmation in contemplating alternatives to boost the company position up, including a sale of the company In connection to this, Reuters divulged an overview of BlackBerry's resources in a report that may entice investors.
Itau Unibanco Holding SA will contest tax charges amounting to BRL18.7 billion (USD7.9 billion). Latin America's largest bank in terms of market value, Itau Unibanco Holding SA received tax charges amounting to BRL18.
Goldman is reportedly leading in the race with Morgan Stanley to acquire largest share of Huarong's stock sale.
Marriott planned to sell its three Edition hotels in London, South Florida and Manhattan upon completion of their construction.
The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.
Markel Ventures Inc bought Eagle Construction for an undisclosed amount. Virginia-based Markel Ventures bought Eagle Construction, a home builder also based in Virginia.
Swedish family-controlled investment company Nordstjernan agreed to sell its subsidiary KMT Group to American Industrial Partners for USD 147.5 million.
L'Oreal puts in an offer to buy Magic Holdings Ltd for US$840 million. L'Oreal recently made an US$840 million-dollar offer to purchase Magic Holdings International Ltd.
