Corporations

MMX sells off shares in port to Trafigura and Mubadala

Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.


Toshiba to acquire Vijai Electricals

Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.

Terms for loans for Verizon-Vodafone buyout set

The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.

Miley Cyrus strips down in Wrecking Ball music video

Miley Cyrus' new single Wrecking Ball caused a lot of talks from fans after the singer/actress was seen naked in the music video.


Latest News

Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.
AAMP of America announced the acquisition of INTRAPHEX from Tatmar LLC. AAMP of America, Inc. is a portfolio company of Audax Private Equity. The former had announced today the acquisition of INTRAPHEX.
A report by the Christian Science Monitor said Apple Inc. would release news iPhone products on September 10 event in Cupertino, California.
In addition to its recent partnership with lab testing company Theranos Inc, Walgreens Co purchased drugstore chain Kerr Drug for an undisclosed amount in preparation to the launch of the US's Affordable Care Act.
According to a Reuters report, Apple could introduce the iPhone 5C soon for the emerging markets. Fans and industry observers contemplated on what Apple's new releases could be in its scheduled September 10 launch held in its headquarters in Cupertino, California.
Postmedia Network Inc. announced through its newspapers Monday that it would be selling the home building of the Calgary Herald and the printing plant of Newspapers Vancouver Sun and the Province's printer, Kennedy Heights.
Cisco said it would acquire Whiptail for USD 415 million in cash. Global IT leader Cisco announced that it would be buying Whiptail for USD 415 million in cash.
EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.
Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.
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