Daniel Loeb, head of Third Point LLC proposed a partial spin off to Sony’s business unit to boost the struggling electronics division.
Industry
Analysis: Sprint Should Increase Clearwire Bid to Avoid Tension with Dish
According to analysts, Sprint should increase its Clearwire bid to avoid any rising tension with Dish Network Corp.
Bpost to List Eur14.50 per Share
After minority owner CVC launched sale for Belgium’s Bpost earlier this month, trading for new shares will take place on Friday after being listed on the Brussels Stock Exchange.
Regulatory Probe Ends Ebix, Goldman Affiliate Merger
A planned merger between Ebix and an affiliate of Goldman Sachs was cancelled after investigation by US regulators.
Microsoft Discusses to Buy Nokia Devices
A online WSJ report on Wednesday said that the early discussions between Microsoft and Nokia to purchase the latter's device unit have faltered with no chance of getting renewed.
Latest News
Stratasyst Ltd. will acquire consumer printer manufacturer, MakerBot in a deal valued around US$403 million.
The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.
Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.
A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
