Paris-based Eutelsat agreed to acquire Satmex for a total of USD 1.14 billion, including its outstanding debt.
Investors
European stocks rise while Asian shares decline
European stocks increase headed for its best month since October 2011 while Asian shares fell. US futures experienced little change.
Zecotek gets LFS scintillation crystal order worth CAD 500,000 from Hamamatsu Photonics
Canada-based Zecotek Photonics gets CAD 500,000 worth of LFS scintillation crystal order from Hamamatsu Photonics of Japan.
Tourre seeks his reputation back after saying he did good at Goldman Sachs
Former Goldman Sachs Group Vice President Fabrice Tourre asked US jury to restore his reputation after claiming he did a good job at Goldman Sachs.
Amkor acquires Toshiba Electronics Malaysia
Amkor Technology announced it has purchased Toshiba Electronics Malaysia but financial details about the deal were not disclosed.
Latest News
Schneider Electric announced its GBP 3.4 billion or USD 5.2 billion acquisition of Invensys Plc. French electrical gear manufacturer Schneider Electric announced its GBP 3.
Oprah Winfrey Network pulled stronger ratings and finally made money after 4 years since it's debut.
Nalanda Capital stated that it now had 5% ownership in Mumbai-based Lovable Lingerie. Nalanda Capital, a Singapore-based private equity firm, revealed that it had now controlled more than 5% of Mumbai-based Lovable Lingerie shares.
Management consulting firm Accenture Plc announced that they are moving towards a possible acquisition of rival Booz & Company.
Sources said that Tata Realty & Infrastructure is mulling an exit from its IT property in Mumbai's Goregaon.
Kontextual announced that, with the latest investments coming from RPM Ventures, they have raised up to US$650,000 for their seed fund.
Jifiti announced that it had collect US$2.5 million from institutional investors in an investment round.
The 80-year-old actress of "Private Benjamin", Eileen Brennan, died Sunday. Eighty-year-old Eileen Brennan, an American actress, died Sunday.
Bill Ackman's Pershing Square Capital Management LP announced that they are set to push the company's operations through a US$2 billion investment.
