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.
Industry
Vodafone finalizes acquisition of Kabel Deutschland
Vodafone Group Plc had finalized a preliminary agreement to purchase Germany's largest company Kabel Deutschland Holding AG.
Russia’s Pharmstandard to sell OTC drug business - sources
Russia's biggest drug manufacturing company, OAO Pharmstandard (PHST), intends to sell its over-the-counter medicine business.
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.
Latest News
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.
Prof. Jacob A. Frenkel was named the new chief of the Bank of Israel replacing former bank governor Stanley Fischer.
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
