Sharp to buy Toshiba PC business, issue $1.8 billion in new shares
TOKYO (Reuters) – Japan’s Sharp Corp (6753.T) said it will buy Toshiba Corp’s (6502.T) personal computer business and issue $1.8…
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in…
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in…
Britain could sell 10 percent stake in RBS as soon as this week: Sky News
LONDON (Reuters) – Britain could sell a 10 percent stake in Royal Bank of Scotland (RBS.L) as soon as this…
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media…
LaSalle Hotel accepts Blackstone’s $3.7 billion cash offer
(Reuters) – LaSalle Hotel Properties (LHO.N) decided to sell itself to private equity firm Blackstone Group LP (BX.N) for $3.7…
Australia’s Santos gets final sweetened $10.8 billion bid from Harbour Energy
(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking…
Sanctioned Russian oligarch Vekselberg cuts Swiss stakes
ZURICH (Reuters) – Russian oligarch Viktor Vekselberg has cut his holdings in Swiss companies OC Oerlikon (OERL.S) and Schmolz +…
JPMorgan submits application for majority-owned China securities business
HONG KONG (Reuters) – JPMorgan Chase & Co (JPM.N) said on Monday it had submitted an application to the Chinese…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take…
Walmart to buy controlling stake in India’s Flipkart for $16 bln
MUMBAI/NEW YORK (Reuters) – Walmart Inc (WMT.N) will pay $16 billion for a roughly 77 percent stake in Indian e-commerce…
Exclusive: Comcast prepares all-cash bid to gate-crash Disney-Fox deal – sources
(Reuters) – U.S. cable operator Comcast Corp is asking investment banks to increase a bridge financing facility by as much…
Carl Icahn sells stake in AIG: Forbes
(Reuters) – Billionaire investor Carl Icahn has sold his stake in AIG (AIG.N), Forbes reported on Monday, ending a more…
Talks between Swiss Re and SoftBank close to collapsing: FT
ZURICH (Reuters) – Discussions between Swiss Re (SRENH.S) and SoftBank (9984.T) about the Japanese group potentially taking a stake in…
China eases restrictions on foreign ownership of securities ventures
BEIJING (Reuters) – China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which…
Sainsbury’s, Walmart’s Asda to create UK supermarket powerhouse
LONDON (Reuters) – Sainsbury’s and Walmart’s Asda are in talks to create Britain’s biggest supermarket group, a combination which would…
Carl Icahn buys stake in software provider VMware: CNBC
(Reuters) – Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc (VMW.N), CNBC reported on…
Pfizer signs deal with Allogene to develop cancer cell therapy
(Reuters) – Pfizer Inc said on Tuesday it signed an agreement with Allogene Therapeutics, a company formed by a consortium…
Wynn Resorts to pay $2.6 billion to settle lawsuit with Japan’s Universal
(Reuters) – Wynn Resorts Ltd (WYNN.O) has agreed to pay $2.6 billion to settle a lawsuit brought by Japan’s Universal…