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Published Date: 21 November 2009 FUND manager Gartmore yesterday confirmed plans to list before Christmas in a move likely to value it at £1 billion, sparking hopes of a run of initial public offerings of private equity-backed...
NEW YORK (Reuters) - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night. Citing people involved in the discussions, the newspaper said the two...
German carmakers Volkswagen AG and Porsche said they had come closer to merging the two companies, a process they hope to complete in 2011. By George Frey, AP Business Writer FRANKFURT — German carmakers Volkswagen and Porsche...
Procter & Gamble says its still interested in acquisitions in household, personal care brands By DAN SEWELL AP Business Writer CINCINNATI November 20, 2009 (AP) The Associated Press Post a Comment Procter & Gamble Co. is still...
Imperial Sugar enters three-way joint venture to build cane sugar refinery plant in Louisiana SUGAR LAND, Texas November 20, 2009 (AP) The Associated Press Post a Comment Imperial Sugar Co. said Friday it has entered a...
NEW YORK (Reuters) - Investors bet on growth opportunity in the IPOs of a Chinese hotel chain and an online education company on Friday, but saw murkier prospects for a spin-off of mining giant Rio Tinto, sending its shares lower.
By Ilan Brat, Jeffrey McCracken and Dana Cimilluca WALL STREET JOURNAL The charitable trust that controls Hershey Co. (HSY) is pushing the chocolate maker to launch a rival $17 billion bid for Cadbury PLC (CBY) that would be...
SAN FRANCISCO - The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage. Major job cuts...
Monetising the lifestyle piece is a good idea, as is the buyback of bonds at a discount. The NDTV stock rose 7.5 per cent on Friday as NDTV Networks, the non-news subsidiary of NDTV, roped in a strategic partner, Scripps...
Kolkata, Nov. 20Infrastructure company Srei and its joint venture, India Power Corporation Ltd, have emerged the highest bidder for acquiring a 57 per cent stake in the power generation and distribution utility DPSC Ltd...
