Articles by Edward B. Doong


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Carlyle expects interest from its larger rivals in the industry for its defense firm Arinc Inc. Private equity company Carlyle Group LP has been in preparation for the sale of aerospace and defense firm Arinc Inc.
Assisted Living Concepts reached agreement to be sold to private investment firm TPG for about $278 million.
AB InBev has been negotiating with the Department of Justice to settle lawsuit filed by the government to block its deal to acquire Mexican Group Modelo.
First Quantum may slightly extend its offer for Inmet as it resolves regulatory barriers, its president, Clive Newall, disclosed.
The U.S. wireless service provider has reported a decline by 65% in its quarter net profit as it tries to close its merger deal with T-Mobile USA.
BH Media has announced that it bought the daily newspaper published by the Lortons in an undisclosed amount.
Rosneft is confident it would get approval from the European Commission for its deal to buy TNK-BP. Russian oil producer Rosneft said that it is likely to get regulatory approval from the European Union for its bid to acquire TNK-BP, a source familiar with the matter disclosed.
CNOOC agrees to pay $15.1 billion to purchase Canadian gas and oil company Nexen Inc. Calgar, Alberta-based oil and gas company Nexen Inc. announced that it was acquired by China's CNOOC Ltd.
The airline companies have appointed executives after concluding a merger which would become the biggest air carrier in the world.
The investment arm of Tower Ltd. was purchased by fund manager Fisher Funds for NZ$79 million. New Zealand's insurance firm Tower Ltd. said its investment arm was sold to fund manager Fisher Funds in a NZ$79 million deal as it nails down its business focus, the company announced.
LG Electronics will be using webOs operating system from Hewlett-Packard for its internet-connected TVs.
mFounder has agreed to use MasterCard's MasterPass for its bank customers. mFoundry and Mastercard have reached agreement to avail MasterPass-connected wallets to nearly 900 bank customers of mFoundry.
The Malaysian company reported net profit of 1.08 ringgit for the quarter ending on December 31. (Photo : Reuters) Asian lender CIMB Group Holdings Bhd reported that its net profit for fourth-quarter declined by 4.
Apache partners, a UK-based investment advisory firm, will be setting up a fund with main focus equities and fixed income in key markets.
Greenbriar has been negotiation to buy solar product properties as it focuses on expanding real estate business.
Richter has said that it has formed a new joint venture with its marketing partner to improve direct presence in the Chinese pharmaceutical market.
Royalty Pharma has been making big approaches to acquire the royalty rights for Tysabri from the Irish drug maker.
Barilla, world's largest pasta manufacturer, will be selling its German unit to focus on high-margin food products.
General Motors has agreed to use AT&T wireless service for its 2015 auto models, ending service from Verizon.
Siemens has been aiming to reduce its stake at Nokia Siemens Networks when its 6-year shareholder agreement with Nokia in April
The chairman of Barnes & Noble, Leonard Riggio, it set to offer bid for the bookstore business of the firm.
Areva, a nuclear group in France, has said it Fennovoima might terminate the company from deals on supply for the reactor site in Japan.
CVC is seeking 44% for Mahatari after Aeon terminated its offer for the retailer. CVC Capital Partners is expected to ask equity investors to invest more for PT Matahari Department Store than a tentative bid for the retailer by Aeon Co.
The top market marker in the U.S. is expected to sell its credit-brokerage business unit to Stifel Financial Corp.
Italian oil major Eni and Russia's Rosneft have both agreed to develop trading and logistics opportunities.
RBS is expected make sale of a portion of stake in Citizens Financial Group The Royal Bank of Scotland is set to announce its plan to sell a stake portion in Citizens Financial Group Inc.
Sharp Corp., the electronics giant, is set to terminate its planned capital merger with Taiwanese business partner Hon Hai to focus on a new deal with another company.
HP has said that it has smooth innovations even though it saw decline it is profits. PC computer giant Hewlett-Packard Co. said that it is set to make innovation steps without disruption despite plummeting profit in the past quarter.
Telrad Agrees to Purchase Alvarion BWA Telrad Networks said it plans to acquire Alvarion Ltd. 's broadband wireless access business in a $6. 1 million deal.
There are two investment plans, proposed by Farnair and Airsia, that will be put in consideration of India's FIPB.
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