Venture Capital

AMP Capital To Buy Stakes In NZ Power Co Ltd

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.


Crest supports Sprint's bid for Clearwire shares

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.

Sprint Clearwire SoftBank Deal Gets Green Light From FCC

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.

Deals of the Day

The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.


Latest News

Unipol dropped its own appeal against Italy's anti-trust regulator decision. The ruling required Unipol to sell US$2.2 billion worth of assets.
Venture capitalists said that Bitcoins was confusing but its future looks bright. (Photo : Reuters)The image is the logo of Mangrove Capitalist, an early investor in Skype, which attended the Bitcoin London Conference on Tuesday.
LCS and CareSouth Announced their plans for a joint venture. (Photo : Reuters)Joint Venture For CareSouth and LCS announced. LCS, the leader in senior lifestyle care and CareSouth, the leading regional provider for home health services, announced their joint venture, Health at Home.
UniTek Global Services, Inc. received a commitment letter for US$75 million asset-based revolving credit facility.
Dell Founder, Michael Dell has been advised by experts to raise his current offer of $24.4 billion to Carl Ichan
Adcock Ingram Holdings Ltd. received a non-binding proposal from Chilean drug manufacturer CFR Pharmaceuticals SA for US$1.3 billion.
Huntsman Corp. continues to expand with its latest consideration, Rockwood's titanium unit. (Photo : Reuters)A woman cycles past the logo of Huntsman Corp.
Softbank Inc's bid for Sprint won the approval of the FCC. (Photo : Reuters)Softbank Corp won the approval of the FCC for its bid for Sprint Softbank's bid for mobile service provider Sprint Nextel Corp won the support that it needs from the Federal Communications Commission.
Grandpoint bank signs agreement to acquire Gilmore Bank (Photo : Reuters)Grandpoint Banks signs agreement to acquire Gilmore Bank Grandpoint Bank made the announcement today that they entered an agreement to acquire Gilmore Bank.
General Motors and Honda will soon form an alliance to develop hydrogen fueled vehicles (Photo : Reuters)General Motors will soon form an alliance with Honda to develop hydrogen fueled cars Honda Motor Co and General Motors Co formed an alliance to develop vehicles powered by hydrogen fueled cells within the next seven years.
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