Sprint Nextel's merger talks with DISH Network failed as both company cannot agree on a compromise.
Corporations
Apollo Tyres Buys Out Cooper Tire and Rubber
Apollo Tyres purchases the shares of Cooper Tire and Rubber to create the seventh largest tire company in the world.
Fitch Warns Vodafone of Kabel Acquisition Repercussions
Fitch ratings warns Vodafone of the effect should the British firm purchase Kabel Deutschland. (Photo : Reuters)The image is the frontage of the corporate headquarters of Fitch Ratings.
ClearLight sells Outsource to HCA subsidiary
ClearLight Partners sold The Outsource Group to Parallon Business Solutions. (Photo : Reuters )Reuters/Ipsos polling reveals a remarkably high level of approval for nearly all the provisions of the act, often in the 80 percent range, despite opposition of respondents to the ClearLight Partners LLC, a private equity firm based in Newport Beach, California, agreed to sell The Outsource Group to a subsidiary to HCA Holdings called Parallon Business Solutions.
Domain Associates adds new partner
Nimesh Shah, a former Deutsche Bank researcher and venture capital investor, is named as partner at VC company Domain Associates.
Latest News
Severn Trend slipped after Borealis abolishes previous proposal. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent Plc (SVT) suffered in London trading after being left behind in a previous agreement to pursue Borealis Infrastructure Management Inc.
Rio Tinto's agreement with EDF for its electricity is due on 2016, requiring the mining giant to seek options to improve efficiency and negotiate for a new contract.
Pharmaceutical giant Pfizer Inc. (PFE) announced it had reached a settlement worth $2.15 billion with Teva Pharmaceutical Industries Ltd. (TEVA) and Sun Pharmaceutical Industries Ltd. (SUNP) after almost a decade of trials over Protonix sales in the United States.
Rainfall in one of the world's main growing area of robusta coffee signals bearish bets as the industry stumbles, falling to its lowest level in almost a year and a half. The weather is expected to be more favorable for growers in Indonesia next week.
Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.
More discussions between Rio and Glencore is said to have transpired after early talks were held for the venture of two thermal coal assets in Australia.
Nocibe, a French perfume and cosmetic retailer received a lot of interested bidding parties including Douglas Holding and LBO France along with its alliance, Fosun.
Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
