Corporations
Mezzan Holding acquires Invest AD
Invest AD, the distribution firm for Red Bull Energy Drink, was recently bought by Mezzan Holding Co to expand its consumer related business portfolio.
Hutchison Whampoa considers possible IPO for Watson
Hutchison Whampoa would be considering a spinoff for its AS Watson Group unit after it failed to find a buyer for its ParknShop chain.
Douglas Holding in exclusive talks for Nocibe acquisition
Douglas Holding said it was exclusively talking with Charterhouse Capital Partners to acquire France-based perfume maker Nocibe.
Woori Finance Holdings closes preliminary bidding
Woori Finance Holdings closed its preliminary bidding to privatize the largest financial company in South Korea.
Latest News
A Bloomberg report revealed that Microsoft's acquisition of Nokia Oyj's handset business allowed the latter to purchase the wireless network equipment business of Alcatel-Lucent.
Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd. Chief Executive Officer Paul Zahra of David Jones Ltd would be quitting his job in Australia's second-biggest listed department store David Jones Ltd.
Private equity-backed Merlin Entertainment Group would be conducting a share sale to raise GBP 200 million in London.
For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.
With more data being created every second, the Cray supercomputer becomes more relevant for the industry.
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs. The second largest chipmaker in Israel, EZchip Semiconductor Ltd, jumped to its one month high on prospects that the company would benefit from the projected capital spending of Verizon Communications Inc.
Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.
Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
Northern Beef Packers, which had filed Chapter 11 bankruptcy, sets USD12.75 million minimum bid for its assets.