Government panel the Committee on Foreign Investment in the United States (CFIUS) has given its approval for Japanese mobile carrier SoftBank to acquire a majority stake in Sprint Nextel in a $20 billion deal. CFIUS "found that there are ...
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
Title insurance, mortgage services and diversified services provider Fidelity National Financial (FNF) has signed an agreement to purchase mortgage-services provider Lender Processing Services (LPS), for about $2.9bn. Under the terms of ...
Yahoo pressed on with its shopping spree overnight with the acquisition of a startup that powers games played on smartphones, tablets, consoles or personal computers. Word that Yahoo has bought Northern California-based PlayerScale came ...
Tags: PlayerScale, Gaming, Yahoo
The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for $20 billion, the companies announced. On Thursday, California Public Utilities Commission voted to ...
Tags: SoftBank, Computer Products, California
Internet communities are more trustworthy than some big corporations, but mobile is proving a hard nut to crack even for the best of them, actor and venture capitalist Ashton Kutcher told CTIA Wireless Thursday. "Facebook is the new ...
Tags: Facebook, Ashton Kutcher, Computer Products
The U.S. government is in negotiations with SoftBank for greater control over equipment purchases by Sprint Nextel and the selection of one of the Japanese company's nominee to the U.S. carrier's board, according to a news report. Dish ...
Tags: SoftBank, US, Allay Security
Drink giant Diageo has moved closer to gain control over India-based United Spirits Limited (USL) after having purchased 10% of the proposed 53.4% stake in USL for £300m through its wholly-owned subsidiary Relay BV. Following the ...
The best collegiate lacrosse teams will take the field in highly innovative Nike uniform systems, with select uniforms featuring inspirational designs that pay homage to the sport’s ancient roots. From its indigenous North American ...
Tags: Lacrosse Team, Nike Uniform
India-based steelmaker Tata Steel is planning to begin production from one of its iron ore projects in Canada by the end of the current year, according to India's news agency Press Trust of India (PTI). This is expected to improve raw ...
Tags: Tata Steel, Iron Ore
Japan-based Dai-ichi Life Insurance Company (DLI) has reportedly agreed to purchase a 40% stake in Indonesian life insurance company, Panin Life, a source familiar with the deal has revealed. The unidentified source was quoted by Reuters ...
Tags: Dai-ichi, Panin Life
Horizon Oil has agreed to sell 40% of its assets in Papua New Guinea, which it hopes will underpin a mid-scale LNG project, to Japanese utility Osaka Gas for $204 million, the Australia-listed company said Thursday. The purchase price ...
Tags: Australia's Horizon, Osaka Gas
Samsung is to buy a 10 per cent stake in South Korean rival Pantech in a deal valued at around 53 billion won (£31.6m). Yonhap News Agency reported on Wednesday that the deal would "help solidify" its relationship with Pantech, ...
Tags: Consumer Electronics, Samsung, Rival Pantech