Corporations

Exide Tech seeks bankruptcy

Battery producer Exide Technology files for Chapter 11 bankruptcy after losing against competition. Global battery producer Exide Technologies filed for bankruptcy after it faced $31 million in interest payments in August and losing against rivals.


Two companies join Green Power to create new Japan wind plants

Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.

AirAsia Bhd. and ANA Holdings partnership nearing end

AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus.

Offers to Avio Spazio drawn by Cinven and Finmeccanica

Cinven and Finmeccanica draws offers for Avio Spazio from French German consortium EADS and French goups Safran and Thales along with two other unidentified US and Germany operators.


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Amid the booming air travel industry, Nok Air and AirAsia X announced IPO for their shares to be used for the companies' expansion plans.
Royalty Pharma urged the federal court in New York to lift the temporary restraining order it has ordered for the Royalty-Elan bid.
Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal. (Photo : REUTERS)Logo of Marubeni Corp is seen at the company's head office in Tokyo Marubeni Corp, a Japanese trading house states that it will cut its planned takeover deal over Gavilon's energy business.
On Sunday, Google was reported to be in close discussion to acquire Waze for US$1.3 billion. (Photo : REUTERS)The Google logo is seen on a computer monitor at Google's Hong Kong office According to reports on Sunday, Google is close to purchasing Waze for US$1.
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
Fiat SpA can technically head off the Chrysler IPO through a buyout according to its CEO Sergio Marchionne.
Mediaquest acquires AME Info and SME Info with many buyout provisions affecting current operations and staff complement.
Chrysler Jeep is looking for a Chinese partner for the manufacture of the vehicle in China. (Photo : Reuters)The image is the emblem of Chrysler Jeep. Fiat, the Italian carmaker is looking towards China for a partner to assist in the manufacture of the Chrysler Jeep brand in the largest car market in the world.
Dillon, the owner of Chateau Haut-Brion acquires nearby Chateau L'Arrosee. (Photo : Reuters)The image is the standard wine tasting done during a wine auction.
ICA, the largest infrastructure firm in Mexico, is set to sell of part of its shareholdings in OMA to raise funds.
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