The machine to machine sector is where Sierra Wireless would be seeking investments and acquisitions as it grows in the next five years.
Corporations
BTG bids for JPMorgan's commodities business unit
The amount of USD3.3 billion is the price tag for the JPMorgan commodities business unit required from the bidding firms, such as Grupo BTG Pactual.
Dunlop causing climate change scare in BHP Billiton board elections
Ian Dunlop, climate change advocate, is being campaigned against by no less than the BHP Billiton chairman for board director in the mining firm.
Safeway shares jump on buyout reports
Shares of Safeway Inc increased by almost 9% after buyout reports started to circulate. Shares of supermarket chain Safeway Inc increased after reports that a private equity firm-led buyout was in the works.
Peugeot choosing between GM and Dongfeng
Peugeot weighing options between a cost cutting partnership with GM or an expansion push with Dongfeng.
Latest News
Mckesson's planned bid of Celesio would signal a takeover of the German drug distributor. According to two sources who were familiar with the negotiations, US drugs distributor McKesson was close to offering a deal to German company Celesio.
American Realty Capital Properties said it would be buying Cole Real Estate Investments in a cash or stock deal worth USD11.2 billion.
Called expedited processing, the Telecommunications Regulatory Authority of UAE would allow direct offers of prepaid products to be made by telcos.
The deal pegged to be at USD500 million is now worth USD1 billion. United Arab Emirates mall operator Majid Al Futtaim had set a maximum deal volume of USD500 million for a new hybrid bond according to a source familiar with the transaction.
The shareholders of Egypt's Citadel Capital had approved the share sale for increased capitalization expected to reach EGP3.64 billion.
The acquisition of the GE Power & Water business by APR Energy Plc would also make General Electric Co a strategic investor in the temporary power provider.
Health officials still could not find an answer to what killed 600 pets linked to jerky treats made in China.
Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
