Peugeot Citroen's founding family admitted they did not consider arranging talks with Fiat and just resorted with GM.
Investors
Rosneft Head Squashes Acquisition Rumors
Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia. (Photo : Reuters)The image is the Russian signage for Rosneft.
Conergy Finalizes Agreement with Asian Investor
Conergy, in order to keep afloat, forges agreement with Asian investor on loan assumption as well as equity investment.
Reduced Credit Risk Leads Alstom to Issue Bonds
Alstom issued bonds while credit risk was at a reduced level. (Photo : Reuters)This is the logo of Alstom. Alstom SA sold bonds for the first time since October last year, with the cost of insuring debt against losses at the lowest level in two weeks.
Sinovel Charged with Stealing AMSC's Trade Secrets
Sinovel was charged with stealing AMSC's trade secrets and using the same illegally. (Photo : Reuters)Sinovel imported its wind turbines to the US.
Latest News
PGGM would be selling its Wal-Mart stocks due to unresolved labor issues of the company. (Photo : Reuters)PGGM is a Dutch asset manager. Wal-Mart's silence regarding its labor relations in the US has prompted PGGM NV to stop investing in the company.
Lufthansa launched its revamped budget airline called Germanwings to take on the competition. (Photo : Reuters)The photo displays airplanes of Europe’s biggest carrier, Lufthansa.
McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said. (Photo : )The photo shows Celesio's, a German drugs company, official logo.
Sainsbury would be launching its own mobile phone service called "Mobile by Sainsbury's".
Intuit Co. wanted to focus on its core businesses which led to a deal worth US$1 billion with Thoma Bravo.
Confie Seguros bought two insurance firms located in New York. (Photo : Reuters)This image shows a view of New York City ABRY Partners' portfolio company Confie Seguros announced on Monday that it purchased two insurance companies.
Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.
Citi Group would pay Fannie Mae US$968 million for potential mortgage repurchase claims incurred between 2000-2002.
Japan's Seibu Holding has caught the attention of US based private equity firm TPG. (Photo : Reuters)Seibu Holdings Japan's Seibu Holding has captured the interest of TPG, a US based private equity firm.
