Sharp has received the remaining $60 million of Qualcomm's investment, making the latter the third largest investor in the company.
Corporations
China solar firms to move out due to escape EU duties
China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.
Gaming firm Echo Entertainment proposes $1 billion Sydney casino expansion plan
Gaming firm Echo Entertainment submitted $1 billion expansion plan for Sydney casino. (Photo : Reuters)Sydney Casino operations Sydney's Star Casino is up for a major expansion once the Australian government approves the $1 billion plan submitted by gaming firm Echo Entertainment.
Virgin Mobile wins a Saudi Arabia MVNO license
Virgin Mobile Middle East & Africa (VMMEA) is one of three companies that won a virtual telecom license in the kingdom according to reports.
Ferd Capital acquires Servi from PMC Group
PMC Group sold Servi to Norweigian Ferd Capital. (Photo : Reuters)The image is Norway's flag. Servi, a company that deals business within the Norwegian offshore area, have clients comprising of leading manufacturers, fleet owners, and other production businesses.
Latest News
Keynote was bought by Thoma Brave for $395 million. (Photo : Reuters)This is cloud computing technology. Keynote announced on Monday that it has closed the deal with Thoma Bravo to sell itself for an amount worth $395 million.
Jefferies & Co. loaned Carl Icahn $5.2 billion to fund its bid to buy Dell Inc. (Photo : Reuters)The image is Carl Icahn speaking before a group of fellow investors.
Telefonica SA agreed to sell its Irish arm to Hutchison Whampoa Ltd priced at Eur850 million. (Photo : Reuters)The image is Telefonica's logo. Spain's largest telephone company, Telefonica SA agreed to sell its Irish unit to Hutchison Whampoa Ltd.
Vodafone agreed to acquire Kabel Deutschland priced at Eur7.7 billion and would be the biggest deal since 2007.
New Zealand's Synlait Milk Ltd. planned a share sell off and an IPO to raise a total of NZ$120 million making it end the majority stake held by China's Bright Dairy.
TA Associates announced acquisition of a minority stake in Fractal Analytics through a US$25 million investment.
Suntory Holdings Ltd's food and soft drinks unit was set to price on Monday hoping to raise as much as US$4.8 billion.
Echo Entertainment submitted plans valued at US$1 billion for expansion. (Photo : Reuters)The image shows people playing in a casino. Echo Entertainment, an Australian gaming firm has submitted plans for a US$1 billion expansion.
Rio Tinto decided not to sell its diamonds arm with the company's CEO stating that the firm is well positioned to capitalize its unit on the positive market outlook.
