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McAdams was key to the finalization of Verizon-Vodafone buyout deal
Verizon CEO's demeanor and relationship with Vodafone was key to the deal being finalized. The stage for the USD130 billion buyout of erstwhile partner buyout of Vodafone Group Plc from the venture in Verizon Wireless was set two years ago.
Microsoft to buy Nokia's handset business for $7.2 billion, Elop to transfer
Microsoft said it would be buying the handset business of Finnish company Nokia for EUR5.44 billion or USD7.2 billion, with Nokia CEO Elop and other senior executives transferring to the American multinational software firm.
Zurich CFO suicide aftermath threatens Ackermann’s legacy
The suicide of a Zurich Insurance executive might threaten opportunities for its former CEO Josef Ackermann who announced resignation from the company last week.
Istithmar World appoints new CEO
Istithmar World announced the appointment of Ziad Makkawi as its new CEO. The state owned conglomerate of the United Arab Emirates, Dubai World, announced the completion of a USD 25 billion debt restructuring in 2011.