By Fiona Lau and Denny Thomas
The stake sale to institutional investors through a block deal, cuts AIGs shareholding in the Chinese state-owned insurer for the second time this year.
The changes could be announced inside Yahoo this week, part of a series of recommendations by consulting company McKinsey & Co, Re/code said
By closing down email app, Mailbox and photo organizer Carousel, it is streamlining focus on corporate users
Yang’s position at Didi Kuaidi adds a new link in the cobweb of relations between the firm and its investors – Alibaba and SoftBank.
Earlier this year, Verizon bought AOL Inc in a $4.4 billion deal to push into targeted advertising and mobile video
Germany’s JAB creates global coffee giant by acquiring Keurig Green Mountain for $13.9b; to take it private
This is the latest in a string of coffee deals by JAB as it seeks to become a formidable competitor to Nestle SA.
The merger bolsters NXP’s position in fast-growing chip markets, including wearable devices, health monitors, while capitalizing on its strengths in security and payments
The deal violates US antitrust laws, as Electrolux, GE, & Whirlpool make 90% stoves/ovens sold to US big business
Chinese coal miner and pig iron producer Sichuan Shengda Group Ltd said on Monday that it has not been able to make full payments on time to bond holders. The privately-owned company issued 300 million yuan ($46.83 million) worth of bonds on Dec. 5, 2012, giving investors the option to… Read more »
Asia’s largest merchant trader of raw goods has seen earnings, stock price hurt by plunging metals values, questioning of its bookkeeping