Samsung launched the global sales of its latest phablet, the Galaxy Note 3. Samsung Electronics launched the global sales of its latest phablet offering.
Investors
Prime Office stakeholders okay merger with German unit of Oaktree
Stakeholders of Prime Office REIT-AG approved the plan to merge with Oaktree Capital Group's German real estate business.
Polish State Railway exits Cargo unit via IPO
PKP Cargo SA said in a statement today that its major investor, Polish State Railway, would be divesting its stake in the former's freight transportation unit that would reportedly fetch around PLN1.65 billion or USD526 million.
Fonterra set to build processing plant to expand interests in China
In accordance with its expansion plans, Fonterra Cooperative Group is now building a UHT milk processing plant in China, despite a recent poisoning scare and corruption investigations done by government.
Volkswagen expands interests in China market
Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.
Latest News
Linc Energy CEO Peter Bond said they were already talking with two groups who were interested in taking part in its shale exploration project.
Telefonica seeks to retain control over Telecom Italia through buyout of venture partners in Telco. Telefonica, the telecommunications group from Spain, had formalized a deal to secure control of Telecom Italia without the need to launch a full takeover.
BlackBerry's valuation by Fairfax Holdings was set at 20% the book value, including cash. Once valued at USD83 billion, the Canadian smartphone maker Blackberry Ltd had declined to record the lowest ever valuation for a technology or telecommunications takeover for a North American firm.
Berjaya Corporation Berhad's Philippines unit, Berjaya Philippines Inc, extended its GBP42 million or USD65 million takeover bid offer to minority shareholders of British auto dealer HR Owen to October 11.
Pavilion Energy, which is owned by Temasek Holding Pte, would seek to expand its infrastructure interests in LNG.
Foursquare co-founder Naveen Selvadurai was reported heading the mobile team of health insurance operator startup Oscar after leaving Foursquare last year.
Hotel booking startup HotelQuickly said on Tuesday that it had raised HKD9 million or USD1.16 million in its recent funding round that would go to developing its app and company expansion.
The rights to the Minas-Rio project is the main asset to be sold off by Anglo American as it faces mounting pressure to provide finances for the project.
Newmont Mining Corp CEO Gary Goldberg said they were looking at potential mine acquisitions as the value of gold fell.
