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GE taps China CEO to lead Alstom merger

Last Updated: Friday, July 04, 2014, 01:58

General Electric on Thursday said the head of its China business will transfer to France to lead the US company`s proposed buyout of Alstom`s energy businesses.

SanDisk to buy Fusion-io to boost flash storage business

Last Updated: Tuesday, June 17, 2014, 10:02

SanDisk Corp said on Monday it will buy Fusion-io Inc for about USD 1.1 billion to bolster its fast-growing business of providing flash storage drives to companies.

Manchester United owner Malcolm Glazer dead at 85

Last Updated: Thursday, May 29, 2014, 03:00

Malcolm Glazer, the controversial American owner of English Premier League giants Manchester United, died Wednesday. He was 85.

Google in talks to buy streaming-video site Twitch: Report

Last Updated: Monday, May 19, 2014, 11:07

The report said the size of the deal could not be learned and discussions between the parties were at an early stage.

Pfizer under fire in Europe, US as it weighs next Astra move

Last Updated: Friday, May 09, 2014, 23:02

US drugmaker Pfizer is under fire on both sides of the Atlantic as it weighs its next move to buy British rival AstraZeneca, which could be a sweetened offer next week.

Future of Facebook-WhatsApp marriage lies in hands of young & restless in India

Last Updated: Thursday, February 20, 2014, 19:16

The future of the $19 billion buyout deal of WhatsApp by Facebook in many ways lies in the hands of the young and restless in India among other emerging economies of the world.

WhatsApp buyout to help Facebook expand presence in India

Last Updated: Thursday, February 20, 2014, 18:55

Its USD 19 billion buyout of WhatsApp will help Facebook expand footprint in emerging markets of Latin America and Asia, especially India, where the mobile instant messaging app is very popular.

Dell completes $24.9 billion buyout deal to go private

Last Updated: Tuesday, October 29, 2013, 23:33

"Today, Dell enters an exciting new chapter as a private enterprise," Michael Dell said in a statement.

Vedanta seeks blessing for $3.5 bn India buyout offers

Last Updated: Wednesday, October 16, 2013, 18:26

Mining group Vedanta has asked shareholders to renew their backing for an offer of up to USD 3.48 billion to buy government minority stakes in two of its subsidiaries, as it seeks to streamline its structure.

BlackBerry co-founders considering bid for company

Last Updated: Friday, October 11, 2013, 10:23

BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker.

Icahn caves on Dell again, will not seek share rights

Last Updated: Friday, October 04, 2013, 22:22

Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc(DELL.O) last month, on Friday signaled his final retreat from the struggling personal computer maker.

Cerberus investment fund eyes BlackBerry bid: Source

Last Updated: Thursday, October 03, 2013, 09:18

The private equity firm Cerberus Capital Management is interested in a bid for troubled Canadian smartphone maker BlackBerry, a source familiar with the matter has said.