Micron Technology has announced that its takeover of Elpida Memory has moved a big step closer with official approval by the Tokyo District Court of Elpida's business reorganisation plan. This plan calls for Micron to sponsor Elpida's ...
Tags: Micron Technology, Elpida Memory, takeover
Workers at Dead Sea Works Ltd have stepped up their campaign against the proposed sale of Israel Chemicals to Potash Corp of Saskatchewan, union officials said on Friday. Dead Sea Works committee chairman Armond Lankry said on state ...
Tags: Dead Sea, Israel Chemicals, chemicals
U.S. consumers experienced the highest level of identity theft in three years in 2012, although much of the fraud losses were absorbed by banks and merchants, according to a new survey. Incidents of identity fraud affected 5.26 percent of ...
Tags: identity theft, US, identity victims
OSRAM Opto Semiconductors GmbH of Regensburg, Germany, a wholly owned subsidiary of Osram GmbH, is the world's second largest manufacturer of optoelectronic semiconductors after LiteOn and followed third place by Cree Inc. One of the main ...
Tags: Osram Opto Semiconductors GmbH, led, Light-emitting diode manufacturers
The Cartoon Network website has been turned upside down in a media first. Magic Box has launched its new Kobots range this week and it's teamed up with Generation Media for the special promotion. Turner Media Innovations produced the ...
Tags: Magic Box, Cartoon Network, Toys
Gujarat NRE Coking Coal (GNCCL), the Australian subsidiary of India-based Gujarat NRE, has recommended its shareholders reject the takeover offer by India-based Jindal Steel & Power Limited (JSPL). JSPL is offering to pay A$0.20 per each ...
Tags: Coking Coal, JSPL, Jindal Steel
The US Securities and Exchange Commission has launched legal action against unknown traders over claims they broke rules when trading in Heinz options before the US$28bn deal to buy the food giant was announced. The SEC claims traders had ...
Tags: SEC, legal action, Heinz Options
The US Securities and Exchange Commission is reportedly looking at a surge in options trading in the hours before Heinz announced it had agreed to a US$28bn takeover bid. The New York Times said today (15 February) the SEC had opened an ...
Tags: SEC, options trading, Heinz
Heinz has agreed to be bought by Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital for US$28bn - the largest-ever takeover in the food sector. In a shock announcement today (14 February), the US food giant said ...
Tags: Heinz, Warren Buffett, 3G Capital
Famed US investor Warren Buffett today (14 February) labelled Heinz as his "kind of company" after his Berkshire Hathaway fund struck a deal to pay US$28bn for the ketchup giant. Speaking to CNBC after Berkshire's offer was announced - ...
Tags: Warren Buffett, Heinz, kind of company
Sprint Nextel posted another quarterly loss but reported progress toward becoming just plain Sprint, a company with more money and fewer networks, which it hopes to be by the end of this year. The company is on track to shut down its ...
Tags: Sprint Nextel, quarterly loss, networks
Union bosses are seeking urgent meetings with the new owners of Heinz after it was snapped up by a consortium led by US investor Warren Buffett in a shock pound 18bn deal. In the can: Warren Buffet’s consortium has snapped up the ...
Tags: Unions, British Jobs Assurances, Heinz
Autonomy, the software vendor led by Dr Mike Lynch (pictured) and bought by HP for $10.3bn (£7.1bn) in 2011, is to be investigated over allegations of accounting irregularities. The Financial Reporting Council (FRC) has revealed it ...
Tags: Autonomy, software, company news
Southeastern Asset Management, Dell's biggest external shareholder, has written a letter to Dell's board of directors to express its "extreme disappointment" at the company's $24.4bn (£15.54bn) buyout deal, claiming that it "grossly ...
The datacentre business of bankrupt 2e2 has been acquired by Oakley Capital Private Equity in an eleventh hour deal. The acquisition will save existing users from either having to pay up to keep the datacentre going or migrating to an ...