A company spokesman of multinational conglomerate corporation ThyssenKrupp said it will be keeping its Steel Europe business, rejecting speculation on divesting the asset in the efforts to restructure the German company.
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Two Washington M&A law firms merge
Washington-based law firms Silver, Freedman & Taff and Elias, Matz, Tiernan & Herrick have announced their intentions to merge on January 1 and the combined company will be called Silver, Freedman, Taff & Tiernan.
Telecom sells Australian AAPT unit for $450M
Telecom Corp Ltd has offloaded its Australian AAPT unit to TPG Telecom Ltd UDS450 million to initially repay debt and focus on its operations in New Zealand.
Australian bankers have reason to celebrate as IPOs rise this year- report
With the revival of initial public offerings, Australian bankers have many things to be happy for as underwriting fees also surge, according to a report.
News of Covidien acquisition boosts Given Imaging
Shares of Israel-based Given Imaging got a boost after news broke that Dublin, Ireland-based Covidien would be buying the firm's outstanding shares at a premium.
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The Belfast Telegraph said in a report that Ministry of Defence Secretary Philip Hammond will be left working out other options after plans for purchasing military equipment via a private consortium had failed.
A Business Insider report cited multiple sources who provided a background story on why Yahoo Inc was not keen to acquire the company of mobile app Ptch, and why DWI Investments were not happy with the outcome of the deal.
Granules India, a pharmaceutical manufacturer in India, secured the approval of its shareholders regarding its planned merger of Active Pharmaceutical Ingredients (APIs) manufacturer Auctus Pharma.
Formosa International Hotels chairman Steven Pan Si-liang is not daunted to the task of expanding the Regent Hotel brand to saturated Hong Kong and China markets, as evident in a recent interview by the South China Morning Post.
STI, a developer and provider of education data management solutions, announced its acquisition of education app store Chalkable, of which the latter was rumored to be acquired for USD10 million.
Programming toy robot maker Play-i raised USD1.4 million from investors all over the world via its crowdfunding campaign on its website that lasted 31 days.
2013 Nobel Prize winner and University of Chicago Professor Eugene Fama told Reuters that the world's economy is in danger of a potential global recession next year due to the high debts incurred by governments in the US and Europe.
Sources disclosed to Reuters that billionaire hedge-fund manager John Paulson's strategies adopted this year for Paulson & Co saw gains in his credit, merger and Recovery funds.
Saudi International Petrochemical Company and Sahara Petrochemical Company agreed to start due diligence over a planned merger deal. The deal is reportedly worth SAR6.67 billion.
