AMP Capital offered to buy US$408 million worth of stakes for Power Co. (Photo : Reuters)AMP Capital offers to buy stakes in NZ Power Co. AMP Capital offered to buy 42% stake in New Zealand's second largest gas and electric distributor, Power Co Ltd.
Sectors
Samsung Buys Boxee Inc.
Samsung Electronics announced acquisition of Boxee Inc, a New York based startup firm with a top box product that can record TV broadcasts and stream online videos.
Feinberg Skips Bidding for Freedom Group
Founder Steve Feinberg of Cerberus Capital Management LP decided not to go on with its planned bid for Freedom Group Inc said sources.
Batista Pledged $1Billion for BNDES Loan
Billionaire Eike Batista pledged $1Billion of his personal wealth for BNDES Loan (Photo : Reuters)Billionaire Eike Batista pledged his personal wealth for BNDES Loan.
Bank of America Expected To Face Property Fees Suit
Bank of America expected to face Texas lawsuit and its corresponding fees (Photo : Reuters)Bank of America expected to face property fee suit filed Nueces County, Texas Bank of America Corp.
Latest News
Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.
Microsoft CEO Steve Ballmer gave Skype president Tony Bates acquisitions and relationship roles for the company.
Chesapeake Energy Corp announced selling a portion of its oil and gas holdings in southern Texas and Northern Louisiana.
Ranhill Energy of Malaysia launched bookbuilding for proposed IPO set for late July 2013 (Photo : Reuters)Malaysia's Ranhill Energy and Resources Bhd launched details for proposed IPO Ranhill Energy and Resources Bhd, the Malaysian energy and water company launched the bookbuilding for its proposed initial public offer of US$240 million in Malaysia.
Michael Dell’s US$24.4 billion bid to take Dell Inc private mounted odds as the Institutional Shareholder Services firm lean against the offer and the company’s board urged the founder and his partners to increase their bid.
JP Morgan's US$546 million settlement with MF Global Trustee finally resolved (Photo : Reuters)JP Morgan $546 million settlement with MF Global relsolved US Bankruptcy Judge Martin Glenn and US District Judge Victor Marrero finally approved the settlement deal for JP Morgan Chase & Co.
AMP Capital Investors Ltd resumed acquisition of Japan’s stock with expectations that Japan’s Prime Minister, Shinzo Abe would win upper house votes.
Yahoo Inc acquired Xobni, an email and address book management app, to boost its Web traffic and revamp its online products.
Federal Communications Commission members approves Sprint-Clearwire-Softbank deal. (Photo : Reuters)FCC gives a green light for the Sprint-Clearwire-Softbank deal The FCC gave the Sprint Nextel-Soft deal the green light as they collected the final vote for the approval of the merger.
