Corporations
Finnish state fund says to reduce stake in TeliaSonera
A Finnish state fund had reduced its stake in telecoms group TeliaSonera by 10% and said to sell 68 millions shares of common stock.
Answers bus Easy2 Technologies for less than USD20 million - report
Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
VacationRoost Group acquires Hawaiian Beach Rentals and Vacation Rental Agent
The acquisition of Hawaiian Beach Rentals and Vacation Rental Agent by VacationRoost Group expands the client services available to the public.
S&P argues Fed lawsuit "retaliation" for credit rating downgrade
Credit rating agency Standard and Poor's (S&P) said in a court filing that the reason US Justice Department filed a case against them was to get back for downgrading US' credit rating last August 2011.
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CR Bard announced acquisition of Rochester Medical valued USD262 million to boost its presence in the urology homecare market.
Eastman Kodak Co. Chief Executive Antonio Perez said that the company's balance sheet post-bankrupty and its restructuring would lead the imaging and photographic equipment maker to the road of financial success.
The Chief Executive Officer of Italian fashion brand Salvatore Ferragamo saw no reason to sell, quelling speculations of a possible buyout.
Turkey said it intended to create an industrial zone in Addis Ababa on land assigned to Turkey by the Ethiopian government.
BioFire is bought out by BioMerieux for USD450 million, funded through debt. In an announcement, BioFire Diagnostics would be bought out by BioMerieux for USD450 million.
News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC. An Associated Press report said that News Corp. sold 33 smaller publications of its newspaper portfolio to Fortress Investment Group LLC for an undisclosed amount.
South Korean budget carrier Jeju Air Inc said it would consider conducting an IPO to increase the number of its airplanes and meet the growing demand for air travel in the Asia-Pacific.
Chinese media said that Apple invited local journalists in its September 11 event in Beijing, a day later from the tech giant's newest iPhone model launch in its Cupertino, California headquarters.
Fiat union leaders said the carmaker would invest nearly EUR 1 billion to make the Maserati SUV in its Turin factory.
REIT British Land said it would buy 50% of Southgate, a shopping center in Bath, for GBP 101 million.