Corporations

Buyback plans increases Schindler Holding's value after more than two years

Schindler Holding's value rose to its highest share price after two years due to the company's news of its share repurchase plans


Lenovo-BlackBerry deal will have obstacles - sources

According to sources familiar with the matter, any deal that Chinese computer maker Lenovo would push through with BlackBerry would cause regulatory hurdles.

Vivint scores USD 540 million from unnamed investors for home power systems project

Blackstone Group's Vivint Inc raised USD 540 million to build home power systems. Provo, Utah-based Vivint Inc received USD 540 million to construct home power systems.

Wonga acquires Germany equivalent of PayPal to expand its payment business

In its announcement today, Wonga said it had acquired Germany online payments service BillPay for an undisclosed amount.


Latest News

Oil firm Occidental Petroleum Corp would be selling minority shares in some of its operations to increase shareholder value.
Hyundai Rotem Co had priced its shares at a maximum amount of KRW 23,000 apiece after its IPO was oversubscribed.
People familiar with the bidding of ParknShop told Bloomberg that the Charoen Pokphand Group and Woolsworths Ltd were considering of abandoning their bids for the supermarket chain.
Iron Mountain had purchased Cornerstone Records Management in an all-cash transaction priced at USD191 million.
Air France-KLM CEO Alexandre de Juniac said a company restructuring should happen in Alitalia before the French carrier would consider putting out a takeover offer.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Microsoft made seemingly minor but convenient changes to Windows 8.1. Microsoft has finally released Windows 8. 1, the upgrade to its original Windows 8 operating system.
Toyota voluntarily recalled vehicles made in 2012-2013 due to safety issues. Toyota said it would notify vehicle owners through first-class mail about the recall of some of its 2012-2013 car models.
A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.
The Investment Canada Act would be a major hurdle for foreign companies like Lenovo who wish to acquire Blackberry as a whole or in parts.
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