An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.
Investors
Barclays director-less on GBP6bn cash call
Barclays Finance Director Chris Lucas left his post due to health reasons as the multinational bank preps for their GBP6 billion cash call.
Tata Steel 2013 stock is at 130%, now is the time for exit: broker
India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
Icahn's tweet on buy back drew Apple share price up
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Varma shifts investment to equities
Finland's pension fund and largest private investor Varma said it would be increasing its equities investments for the second quarter of 2013.
Latest News
Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.
Millennial Media Inc is to purchase Jumptap Inc for around USD225 million in stock. Millennial Media Inc agreed to purchase Jumptap Inc for around USD225 million in stock.
Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.
Generator Hostel is on acquisition spree backed by Patron Capital. The award winning urban design hostels group, Generator, had announced the acquisition of two further locations in both Paris and Rome.
Wilcon and Freedom Dark Fiber Networks merge to create Freedom Telecommunications. The premier provider of best-in-class data center and fiber optic infrastructure, Wilcon, announced the entry into an agreement to acquire Freedom Dark Fiber Networks.
Wanderu, the searching and booking start up firm, has received about US$2.45 in investment funds from established firms in the industry.
CDC and Abraaj have jointly invested in Rainbow Hospitals. The development finance institution of the UK, CDC together with the Abraaj Group, one of the foremost investors participating in growth markets worldwide, have announced their financial investment in the Rainbow Hospitals group.
Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.
Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
