Reuters News
(Reuters) – John Malone’s Liberty Media Corp, which in May offered to buy Barnes & Noble Inc, is exploring additional options, including making only a small investment in the U.S. book store chain rather than buying it outright, a source familiar with the matter said. But talks between the two companies are still under way […]
(Reuters) – From an empty auto-parts plant in the heart of Rust Belt America, General Motors Co is out to show the world that the automaker once dismissed as an industrial dinosaur has gained some Silicon Valley cool just two years after its taxpayer-funded bankruptcy. With a solar charging station as a backdrop, GM’s venture […]
(Reuters) – Cloud-storage and file-sharing company Box.net is raising $35 million in new funding, underscoring again the appeal of one of Silicon Valley’s hottest investment areas. According to a filing, the company — which focus on providing Internet-based document storage for business users — has already raised $18.7 million a group of seven unidentified backers. […]
(Reuters) – U.S. investment bank Goldman Sachs Group Inc and Canada Pension Plan Investment Board have decided to join private equity firm MBK Partners in a bid for Woori Finance Holdings Co Ltd, the country head of MBK Partners said. Yoon Jong-ha told Reuters in an interview that in the race for South Korea’s biggest […]
(Reuters) – English Premier League football champions Manchester United plans a $1 billion initial public offering (IPO) in Singapore by the end of the year, depending on market conditions, IFR reported on Tuesday, citing a source with direct knowledge of the plans. Morgan Stanley and at least one other bank were close to winning the […]
(Reuters) – Google’s $12.5 billion bid for Motorola Mobility brought a 9 percent gain for the beaten-down stock of tech rival Research In Motion on Monday as investors calculated what a similarly bulging premium would do for the BlackBerry maker’s asking price. But it also means one more well-heeled suitor has shunned RIM as a […]
LONDON, Aug 15 – U.S. agriculture group Cargill is buying animal feeds producer Provimi from private equity firm Permira for 1.5 billion euros ($2.1 billion), the companies said on Monday. The deal will see Permira earn about 2.3 times its initial equity investment, a person familiar with the situation said, allowing the firm to return […]
(Reuters) – Google Inc will buy phone hardware maker Motorola Mobility Holdings Inc for $12.5 billion to bolster adoption of its Android mobile software and compete with smartphone rival Apple Inc. In its biggest deal to date, Google said it would pay $40 per share in cash, a 63 percent premium to Motorola Mobility’s Friday […]
(Reuters) – Shadows that started to fall over the pitch books of European dealmakers in the second quarter are darkening, threatening to rob banks of a few billion dollars in potential M&A fees. As rumors swirled this week about a French downgrade and riots spread across British cities, bankers said European M&A would probably only […]
(Reuters) – Facebook is not the only game in town anymore. The world’s largest Internet social network moved on Thursday to shore up support with game developers such as Zynga, who provide one of Facebook’s biggest draws, on the same day that Google Inc introduced games on its recently-launched social network. With the two Web […]