Country
Vodafone inks 'domination' agreement after €7.7 billion takeover of cable company Kabel Deutschland
Vodafone Group has agreed on a domination agreement with Kabel Deutschland a few months after purchasing the German cable company for €7.7 billion. Domination agreements are used in Germany by acquirers who wish to gain full control of the company without controlling all the shares.
A US Bankruptcy Court approves honey supplier Groeb Farms Inc to proceed with its restructuring plan
A US Bankruptcy Court allowed honey supplier Groeb Farms Inc to proceed with its restructuring plan, allowing the Michigan company to come out of Chapter 11 protection.
Britain's Co-operative Bank and its parent Co-operative Group successfully completes raising £1 billion for its rescue plan
Co-operative Bank and its parent Co-operative Group on Friday announced that it had successfully completed raising £1 billion for its rescue plan. The British bank with raise about £500 million more from Co-op Group, its bondholders and its interest savings to complete its target fund of £1.5 billion.
California-based Zimperium raises $8 million in a funding round led by Sierra Ventures to helps protect WiFi network users from hacker attacks
California-based firm Zimperium has raised $8 million in a funding round led by Sierra Ventures to develop its mobile technology that helps protect WiFi network users from hacker attacks.