May 27, 2014 9:34 am
The French company Accor SA, which manages hotel chains and provides a variety of services related to human resources, marketing and expense management, has reached an agreement over the acquisition of almost 100 hotels on the territory of Europe in a deal estimated to about 900 million euros (1.23 billion dollars). Accor SAs said that […]
Read moreMay 27, 2014 8:49 am
According to two people with knowledge of the process, Intuit Inc. has reached an agreement over the acquisition of the bill-payment service Check Inc. The deal is estimated to 360 million dollars. One of the people close to Intuit said that the contract was sealed on Friday, but the two companies have decided to officially […]
Read moreMay 27, 2014 7:40 am
Pfizer Inc. confessed that its attempt to reach for AstraZenecas approval of its offer was unsuccessful. After the offer deadline expired yesterday, the company preferred to put an end to its six-month effort to by its U.K. rival. The acquisition battle, which lasted more than a month, raised a number of questions and provoked political […]
Read moreMay 27, 2014 7:28 am
Twitter Inc. has been currently focused on attracting new users in order to expand its reach globally, as confirmed by its Chief Executive Officer Mr. Dick Costolo in a conference call with companys investors in April 2014. Now the researcher eMarketer made a forecast about the companys growth on different markets. According to data provided […]
Read moreMay 26, 2014 3:01 pm
Exxon Mobil Corp., which operates a liquefied natural gas project in Papua New Guinea estimated to be worth 19 billion dollars, revealed it is negotiating with Asian customers about selling cargoes on the spot market. The step is undertaken by the company as a preemptive measure to seasonally increasing demand during summer in Asia. Neil […]
Read moreMay 26, 2014 12:47 pm
Pfizer Inc. is considering dropping its efforts for the acquisition of the UK pharmaceutical giant AstraZeneca Plc. The company is to abandon its 117-billion-dollar (69.4-billion-pound) bid to purchase the U.K. company in a deal that would have been the largest takeover in the drug industry so far. One of the analysts, who work at Barclays […]
Read moreMay 26, 2014 11:49 am
The biggest mobile messaging service in South Korea – Kakao Corp. reached an agreement with Daum Communications Corp. According to the terms of a regulatory filing of Daum, the two companies will merge after a reverse takeover that estimates Kakao to 3.1 trillion won (3 billion dollars). The new company will be named Daum Kakao […]
Read moreMay 26, 2014 9:39 am
The global revival on a standard world-wide range of vehicle models of Ford Motor Co. was referred in the industry as “One Ford plan”. The companys Chief Executive Officer – Mr. Alan Mulally said multiple times that nothing will stop Fords “laser focus” on the worlds markets, including in China. However, the situation on the […]
Read moreMay 26, 2014 8:24 am
Atos SE and Bull SA made an official joint statement today, revealing that Atos SE made an offer to acquire its rival in a deal estimated to 620 million euros (844 million dollars). The company is aiming to create a large entity, which is considered to become a leader in cybersecurity and cloud computing in […]
Read moreMay 26, 2014 7:20 am
Sony Corp. has reached an agreement with Shanghai Oriental Pearl as a part of its Chief Executive Officers strategy to bring a new life to the company after it forecast a sixth loss in a period of seven years. Under the terms of the deal, Sony will form two joint ventures with Shanghai Oriental Pearl, […]
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