The battle over Brazil's telecoms market intensified on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband business GVT.
Mergers & Acquisitions
Chipmaker CSR rejects Microchip approach, shares soar
Britain's CSR (CSR.L) has rebuffed an approach from Microchip Technology (MCHP.O), saying that the undisclosed price proposed by Microchip was not enough if its U.S. rival wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.
Johnson & Johnson to seek buyer for medical device maker unit
Johnson & Johnson (JNJ.N) plans to seek a buyer for its medical device maker business, Cordis Corp, The Wall Street Journal reported citing people familiar with the matter.
Telekom sees T-Mobile sale at $35 a share as too low: source
Deutsche Telekom AG (DTEGn.DE) sees potential offers which value its T-Mobile US Inc (TMUS.N) unit at $35 a share as being substantially too low, a person familiar with the matter said on Thursday, countering a report from Bloomberg.
Buyout deal caps feud over Market Basket supermarket chain
A family feud and employee revolt that tipped New England supermarket chain Market Basket into chaos ended late Wednesday with a deal to sell the company to its ousted CEO, Arthur T. Demoulas, according to a statement announcing the deal.
Latest News
China Huarong Asset Management Co Ltd, the country's biggest bad-debt manager, said on Thursday regulators have approved a deal for it to sell a 20.98 percent stake to a consortium of eight investors for 14.5 billion yuan ($2.4 billion).
Lear Corp, a maker of auto seats and electrical power systems, said it would buy automotive leather supplier Eagle Ottawa LLC for $850 million to strengthen its core seating business and boost its luxury seats portfolio.
Shareholders of South Korean internet portal operator Daum Communications Corp and messaging app company Kakao Corp on Wednesday approved a merger of the two firms in an all-stock deal that values Kakao at more than $3 billion.
Google Inc (GOOGL.O) said it bought Zync Render, the visual effects cloud-rendering technology company behind "Star Trek Into Darkness". Rendering is the process of generating an image from a 2D or 3D model, or models, using computer programs.
Citigroup and HSBC are among five banks chosen to manage India's planned sale of a stake in state oil company Oil and Natural Gas Corp (ONGC), three sources with direct knowledge of the development said on Monday.
Communications equipment maker Comtech Telecommunications Corp said on Monday it is exploring strategic alternatives, including a possible merger or sale of the company, confirming a Reuters report earlier in the day.
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos' resolve to transform Amazon into an Internet destination beyond its core retail operations.
Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.
Taiwan's Wei family has agreed to buy China Network Systems (CNS), the nation's biggest cable TV operator, for about $2.4 billion including debt from private equity firm MBK Partners, a person with direct knowledge of the matter told Reuters on Sunday.
