Corporations
CBS reaches agreement with Time Warner to end blackout
CBS Corp and Time Warner Cable had reached an agreement to end a month long cable blackout of some shows in New York, Dallas and Los Angeles.
Vodafone to return USD84 billion to investors after completed deal
After completion of the Vodafone-Verizon USD130 billion deal, Vodafone would return a hefty USD84 billion in cash and shares to its investors.
Indofood offers USD383M for the rest of China Minzhong
PT Indofood Sukses Makmur offered SGD488 million in cash for the vegetable processing firm Minzhong Food Corp.
Payment to Vodafone opens options for the future
The USD130 billion payout to Vodafone, even with its sharing of proceeds with shareholders, allows current CEO many options for the company's future.
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Swiss startup KeyLemon had received USD1.5 million in Series A funding from Debiopharm Investment and Swisscom Ventures.
Istithmar World announced the appointment of Ziad Makkawi as its new CEO. The state owned conglomerate of the United Arab Emirates, Dubai World, announced the completion of a USD 25 billion debt restructuring in 2011.
With the pending completion of the third largest deal in history, the CEOs of Verizona and Vodafone are near the goal that had eluded their predecessors.
South African Airways and Brazil's TAM Airlines signed a codeshare agreement to increase travelers' access to destinations in both countries.
The Dogan Group made a USD 742 million offer to purchase 53% of Digiturk, a digital pay-TV provider.
John Malone, the US cable magnate who owns Liberty Global Plc said the company would consider proposals but is content with how the company is at present.
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Fotowatio Renewable Ventures won financing from two Australian banks to finance its Royalla solar project.
Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
Malaysian media outlet PopDigital acquired lifestyle platform Tongue in Chic Malaysia-based PopDigital Sdn Bhd said in an announcement that it has acquired lifestyle platform Tongue in Chic.