Corporations

Samsonite owners CVC Capital and Royal Bank of Scotland Exit Shareholdings

CVC Capital and RBS has sold off its shareholdings over the Luxembourg based luggage maker Samsonite.


Apple Acquires a Silicon Valley Startup

Apple Inc. has purchased WifiSlam, a developer of mapping applications for smart phones. Apple Inc. has acquired WifiSlam, a startup in Silicon Valley that creates mapping applications for smart phones.

Hapag-Lloyd's Planned Merger with Hamburg-Sued Postponed

The planned merger of Hapag-Lloyd and Hamburg-Sued has been cancelled when the two container shipping companies disagree on some terms.

Apple Acquires WiFiSlam

Technology giant Apple has recently purchased WiFiSlam for its mapping purposes. Apple is seeking to improve its mapping applications for its smart phones by purchasing Silicon Valley start up WiFiSlam.


Latest News

Standard is considering to buy a bank in Egypt as it sees economic stability in the country. Standard Chartered plans to buy an Egyptian bank to benefit from the booming lending sector of the Middle East, regional head Christos Papadopoulos said.
With nearly 70% of EBX shareholdings with its founder, Eike Bautista, there is a need to diversify in order to retain competitiveness.
Mother company and subsidiary would form a joint venture partnership to boost profitability. A joint venture would be set up between China Petroleum and Chemical Corp and its mother company.
Dell reviewing Icahn and Blackstone offers against the Silver Lake/Dell offer. Currently, the special committee of the Board of Directors of Dell Inc is reviewing the takeover bids submitted by the Blackstone Group and billionaire Carl Icahn.
DP Chairman confirms move from US markets to Latin American and African countries for port business.
Lion Air, going full blast on its expansion in Asia, orders a new batch of planes from Airbus. Lion Air's recent aircraft orders underscore the plans that the Indonesian consortium is planning to become as the largest pan-Asian low cost carrier.
With the economy growing and the hosting of the World Cup and Olympics in the next few years, the foreign language market in Brazil is booming.
The slowdown in world markets and the decline of the US Dollar value against other currencies is a recipe for problems post 2008.
U.S. companies have become more confident in completing larger acquisitions as the country shows receovery.
Foreign language schools market in Brazil are seeing a number of takeover. A number of takeovers in the foreign language schools market in Brazil have hinted education companies that the sector is growing fast as the demand for English-speaking women continues to rise.
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