Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.
Industry
Rabobank CEO Set to Leave in 2014
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
South Korean Bonds Snapped Up By Foreigners
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Bets are on for China market crash
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Latest News
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
Sheryl Sandberg, Chief Operating Officer for Facebook Inc. said that the company is in a better position after going public.
Baylor Health Care System and Scott & White Healthcare signed a definitive agreement today to boost the strengths of the two companies.
Merger between EpiCept and Immune Pharmaceuticals is subjected approval on August 6 during the yearly shareholder meeting of the company.
Fab.com was valued at US$1 billion after its announced Asia expansion. (Photo : Reuters)The image shows different kinds of home goods. According to Fab.
According to analysts, Sprint should increase its Clearwire bid to avoid any rising tension with Dish Network Corp.
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.
A planned merger between Ebix and an affiliate of Goldman Sachs was cancelled after investigation by US regulators.
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.
