Angel Telecom saves Vivaro from bankruptcy. In an announcement, Angel Telecom Corp said that on February 8, Next Angel LLC would come to fore. Next Angel LLC is a joint venture between Angel and Next Communications Inc and Marcatel Telecommunications LLC.
Sectors
Best Buy Offers $100 Discount to Customers Buying Windows 8 Laptops/Computers
Best Buy attempts to help Microsoft increase touch-screen computing devices by offering $100 discount to customers purchasing Windows 8 computing devices.
Rosneft to Take Over Russian rival TNK-BP in $55 Billion Deal
Rosneft and TNK-BP are expected to sign $55 billion agreement to mark one of the largest acquisitions in the oil industry.
Ferrovial Seeks More Acquisition as it Recovers From Debts
Ferrovial is now seeking for investment opportunities in key markets after it ceased from cutting debts.
SAP Acquires SmartOps
SAP acquires SmartOps for long term plans. SAP AG announced that it is in the process of acquiring SmartOps, a provider of inventory and service level optimization software programming.
Latest News
Vanderbilt settles with New Mexico on unjust enrichment investments. In a settlement agreement, Vanderbilt Capital Advisors LLC has entered into a settlement agreement to pay New Mexico US$24 million.
Ford's novel annuity for lump sum swap increases funding for pension funds. Ford Motor Co. 's funding for its US pension funds had increased in 2012, as decreasing rates of interest offset the investment gains achieved in the year.
Cygnus putting its Agriculture Group up for sale. Cygnus Business Media has announced that it has retained the services of Corporate Solutions Inc in order to formulate strategic plans for its Agriculture Group.
BGI-Shenzhen extends existing offer for common stock of Complete Genomics. BGI-Shenzhen announced that it would extend an all cash offer to purchase all outstanding shares of common stock for Complete Genomics Inc.
Boeing purchases microprocessor unit of CPU Technologies. In its continued goal of protecting its fighter fleet from information lead attacks, Boeing has purchased CPU Technology Inc.
Elan profits from Tysabri sale offered to shareholders. Elan, the Irish drug firm has announced it would return US$1 billion to its shareholders from the proceeds of the sale of its stake in multiple sclerosis drug Tysabri to partner Biogen Idec.
Canada's OMERS pension fund poised to make major purposes in 2013. OMERS, one of Canada's leading pension funds, announced last Friday that it is now in the process of diversifying its portfolio away from traditional areas such as North America, the United Kingdom and Western Europe.
RBS to sell its stake in Citizens Financial through an IPO In a news report from the Telegraph, the Royal Bank of Scotland is to announce its plans to sell a portion of its interests in US retail banker Citizens Financial Group Inc.
ENI shipping and logistics to bring Rosneft oil to markets worldwide. ENI, the Italian gas and oil giant, has entered into a strategic partnership with Rosneft to explore trading and logistics opportunities in the energy market.
