Mergers and Acquisitions
T-Mobile deal with MetroPCS get regulators' OK
Mar 21, 2013 14:39 EDT
T-Mobile USA's deal to merge with smaller telecom carrier MetroPCS has cleared all regulatory hurdles in the United States, the companies announced Thursday.
Russian Rosneft completes $56 bn TNK-BP takeover
Mar 21, 2013 11:38 EDT
Russian state oil giant Rosneft announced Thursday the creation of the world's top listed oil firm as it sealed a $56-billion acquisition of the British and local stakes in the lucrative but strife-torn joint venture TNK-BP .
Russia's Rosneft completes $56 bn TNK-BP takeover
Mar 21, 2013 09:14 EDT
Russia's state oil giant Rosneft on Thursday announced the creation of the world's largest listed oil company as it completed a $56-billion acquisition of the British and Russian stakes in the joint venture TNK-BP.
Stocks rise as Fed keeps aggressive easing in place
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
Australia PM signals change to media reforms
Mar 18, 2013 00:22 EDT
Australian Prime Minister Julia Gillard opened the way for "sensible" changes to proposed press reforms, after outraged media proprietors attacked them as "draconian" and "bad law".
India bids for Mozambique oil and gas field stake: report
Mar 15, 2013 13:52 EDT
State-run energy giant ONGC and Oil India have made a joint bid for a 20 percent stake in a Mozambique oil and gas field operated by US-based Anadarko Petroleum Corp, a report said on Friday.
Activist shareholders back in action on Wall Street
Mar 15, 2013 09:52 EDT
Shareholder activism is back. Leading Dell investors Southeastern Asset Management and T. Rowe Price are challenging company founder Michael Dell's effort to take it private at what they say is a huge discount.
Australia defends media reforms amid 'Stalinism' claims
Mar 12, 2013 23:16 EDT
Australia defended proposed media reforms arising from Britain's phone-hacking scandal Wednesday after a heated backlash from Rupert Murdoch's local operations, which labelled them dictatorial.
IAG, unions accept mediator proposal over Iberia cuts
Mar 11, 2013 09:01 EDT
International Airlines Group and unions representing Iberia workers have accepted a mediator's compromise proposal for less harsh job and salary cuts at the Spanish flag carrier following its merger with British Airways, officials said Monday.
IAG accepts mediator proposal to end Iberia strike
Mar 11, 2013 06:26 EDT
International Airlines Group says it has accepted a mediator's compromise proposal to end a strike by workers at Spanish airline Iberia in protest against plans to slash jobs and cut salaries following its merger with British Airways.
Corporate raider Icahn enters battle over Dell
Mar 07, 2013 16:31 EST
Dell's plan for a private equity buyout ran into a potential snag Thursday as corporate raider Carl Icahn revealed that he has a stake in the computer giant and is opposing the deal.
London Stock Exchange agrees deal for LCH.Clearnet
Mar 07, 2013 05:38 EST
The London Stock Exchange Group on Thursday said it had agreed a revised takeover bid of LCH.Clearnet, wrapping up its long pursuit of the British clearing house.
Dell reaffirms buyout plan, may extend deadline
Mar 06, 2013 17:02 EST
Dell's board of directors Wednesday defended a proposed $24.4 billion private equity buyout led by founder Michael Dell, but said it may continue looking at other offers past a March 22 deadline.
Striking Iberia workers protest against job cuts
Mar 06, 2013 13:26 EST
Hundreds of striking workers of loss-making Spanish airline Iberia protested in Madrid Wednesday against the company's plans to slash 3,800 jobs and cut salaries following its merger with British Airways.
Spain's Bankia chief hopes for privatisation by 2015
Mar 05, 2013 10:19 EST
The head of Spain's bailed-out lender Bankia, which was nationalised last year as it sank under a pile of bad loans, said Tuesday he hopes the bank will start to be privatised by 2015.
Korean Air bids for Czech Airlines: report
Mar 04, 2013 12:27 EST
Korean Air has placed an official bid for a 44-percent stake in the troubled Czech flagship carrier Czech Airlines (CSA), Czech media said on Monday.
Arsenal in the dark on Gulf takeover bid reports
Mar 03, 2013 14:28 EST
Arsenal have had no contact over a potential takeover, sources told the Press Association on Sunday, amid reports of a looming record bid by a Gulf consortium.
Football: Arsenal in the dark on Gulf takeover bid reports
Mar 03, 2013 14:24 EST
Arsenal have had no contact over a potential takeover, sources told the Press Association on Sunday, amid reports of a looming record bid by a Gulf consortium.
Private equity firm buys HMV in HK and Singapore
Feb 28, 2013 12:14 EST
A Hong Kong-based private equity firm on Thursday agreed to buy music retail chain HMV's Hong Kong and Singapore businesses, hoping to revive the brand as the industry shifts towards digital downloads.
Groupon hammered after fresh losses
Feb 27, 2013 17:43 EST
Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.
