General Electric Co. is planning to spin off parts of GE Capital through an initial public offering as it pursues its aim to cut the size of the business, Jeffrey Immelt, company's chief executive, said.
Articles by Edward B. Doong
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Clearwire Corp. has agreed on the buyout offer from Sprint Nextel Corp. despite disappointed minority shareholders .
VL Automotive, a venture between Former General Motors Co. executive Bob Lutz, China's Wanxiang Group and industrialist Gilbert Villarreal, is bidding to acquire Fisker Automotive through a prepackaged bankruptcy deal.
SoftBank Corp. aims to name a security director to the board of Sprint Nextel once it becomes successful in its proposed takeover bid.
VTB, Russia's second largest bank, decides to sell its 10 percent stake in Soceite Generale's Russian unit Rosbank
Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.
German media conglomerate Bertelsmann has said that it is making sale of a stake in RTL group. Germany's Bertelsmann has announced that it is planning to sell a stake in broadcasting company RTL Group worth as much as 1.
Randstad and USG People reached a deal in which the former will buy some of the latter's European operations for 20 million euros.
International Airlines Group said it will be buying 18 787 Dreamliners from Boeing, which faced over lithium-ion battery overheating concerns.
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Nationwide Financial has announced that it is acquiring 17 equity and bond mutual funds with $3.6 billion in assets from Union Bank's HighMark Capital Management.
Absolute Software agrees to a deal in which its software for tracking stolen devices will be embedded by Samsung's Galaxy phones.
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