Cooper Tire shareholders accepts Apollo Tyres merger

Cooper Tire & Rubber Co shareholders voted in favor of the proposed merger with Apollo Tyres Ltd yesterday, according to a Bloomberg report.


SNC appoints Morgan Stanley and RBC to help sell an equity stake in AltaLink

Morgan Stanley and the Royal Bank of Canada were appointed to help SNC-Lavalin Group Inc. sell an equity stake in AltaLink, according to a Bloomberg report.

Former Xstrata executive raises USD1 billion for new company

Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.

Mercator appoints BMO Capital Markets for a possible sale

Mercator had appointed BMO Capital Markets to lead a potential sale of the company after sales slumped, said a Bloomberg report.


Latest News

Compal Electronics announced a deal to buy its wireless device production division to reduce the company's spending cost.
America Movil's plan to acquire Royal KPN encountered price disagreements as KPN's management wanted a higher price for the offer, said sources.
According to a Bloomberg report, BlackBerry became so desperate to find a possible buyer for the struggling smartphone maker which resulted to an agreement to pay its biggest shareholder a rare breakup fee.
Vodafone Group Plc would appoint Aldo Bisio to be the company's new chief executive for Vodafone's Italian unit.
Dish Network Corp and Walt Disney Co. had reached an extension agreement while both parties were still in discussions over a long term deal.
Berkshire Hathaway Inc's founder and CEO Warren Buffet would get more than USD2 billion stock in Goldman Sachs Group, said a Bloomberg report.
SAC Energy portfolio manager Nick Tiller would retire from his post after 12 years of service, said a Bloomberg report.
Google was advised by the Federal Trade Commission that it would not object to the search engine's acquisition of mapping app firm Waze.
Qunar, Baidu's online travel app, would be offering American Depositary Shares for its IPO in the New York Stock Exchange.
On Monday, TCW acquired private equity company Craton Equity Partners, according to statement from TCW's alternative products division chief.
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