Mergers & Acquisitions
Calgary-based WiMacTel acquires Canada Payphone Corporation assets to give alternative payphone service in Canada
Some assets of Canada Payphone Corporation were bought by WiMacTel, a Calgary-based telecommunications firm, that will also launch an alternative payphone service in Canada after the acquisition.
AT&T Inc tells UK authorities it won't make a bid for Vodafone
AT&T Inc said it will no longer have any plans to make an offer for Vodafone Group Plc, preventing it from making a takeover bid in the next six months, Bloomberg reported.
Philippine retail chain Robinsons acquires Jaynith's Supermarket
Philippine-based multi-chain retailer Robinsons Retail Holdings Inc agreed to acquire three-store supermarket chain Jaynith's Supermarket for an undisclosed amount to further boost its retail network.
Google to acquire Artificial Intelligence firm DeepMind
Search giant Google will be purchasing London-based artificial intelligence startup DeepMind founded by Demis Hassabis, Jaan Tallin and Shane Legg, according to news website Re/code.