According to two unidentified sources, China would be opening its Internet portals to Facebook and other websites in the free trade zone in Shanghai.
Corporations
Patrizia Immobilien acquires EUR 800 million worth of German office properties
Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.
Sony's film marketing head removed- source
A source told Bloomberg that Sony's Head of Marketing for its film unit, Marc Weinstock, was removed from his role.
Russia's Rosatom set to sign nuclear plant construction deal with Fennovoima
Russian Presidential aide Yury Ushakov told reporters that state-backed nuclear company Rosatom would be signing an agreement with Fennovoima for the construction of a nuclear power plant.
BlackBerry buyout bid pegged at USD4.7 billion
Fairfax Holdings formalized a bid for BlackBerry at USD9 per share. In a surprise announcement, smartphone manufacturer BlackBerry had entered into an agreement to go private through a USD4.
Latest News
Today, Dealertrack announced signing an agreement to acquire VINtek in a deal valued approximately USD53.4 million.
B2Gold Corp said the company had seen good deals for possible acquisitions in the next 12 months, according to a Bloomberg report.
Apple Inc. sold more than 9 million new iPhones over the weekend, beating sales of Blackberry at 5.9 million Z10 phones in the same quarter.
Former Tribune Co investors led by Sam Zell obtained a legal victory after a protection order for shareholders from being sued twice over the Zell deal had been granted.
The proposed settlement for healthcare benefits claim of Peabody Energy Corp was rejected by the United Mine Workers of America.
Entergy Corp officials said on Monday that the company had resubmitted its grid plan sale to Texas regulators.
Real estate brokerage Marcus & Millichap Inc. filed an IPO to raise USD103.5 million. Marcus & Millichap Inc. had filed an initial public offering of common stock with US regulators to raise up to USD103.
Turnbridge Capital and Pipe Pros announce the equity recapitalization of the latter though no financial details were disclosed.
On Monday, Chrysler Group LLC filed for an initial public offering after being compelled by United Auto Workers, the company's minority shareholder.
