M&A
Valeant to buy Egyptian drugmaker Amoun for $800 mn
18 Jul 2015
Founded in 1998, Amoun is the largest pharmaceutical company in Egypt and expects to reach valuation of Egyptian £1.75 billion this year, with annual growth of approximately 20 per cent
Samsung C&T EGM approves Cheil Industries' $8-bn takeover offer
17 Jul 2015
The 69.53 per cent vote would help Samsung Group's founding family consolidate stakes in key group affiliates, including flagship tech giant Samsung Electronics Co
eBay to sell eBay Enterprise to investor consortium led by Permira for $925 mn
17 Jul 2015
eBay Enterprise, which is facing competition from Amazon.com Inc and Alibaba Group Holding Ltd, had seen revenue growth lag behind PayPal, which eBay bought in 2002
Facebook's Oculus unit to buy Israeli gesture recognition technology developer Pebbles Interfaces
17 Jul 2015
Based in Israel, Pebbles Interfaces has spent the past five years developing technology that uses custom optics, sensor systems and algorithms to detect and track hand movement
Celgene to buy drugmaker Receptos for $7.2 bn
15 Jul 2015
US energy firms MPLX and MarkWest to merge in $20-bn deal
14 Jul 2015
The combination of Marathon Petroleum-sponsored MPLX will create the fourth-largest US publicly traded limited partnership with a market capitalisation of $21 billion
Australian telcos vie for Netflix tie-up
13 Jul 2015
Australia’s top mobile operators are set to begin a bidding war over securing a deal with US streaming video giant Netflix Inc, as the company’s partnership with Australia’s No. 2 operator Singtel-Optus has come to an end
Microsoft to cut 7,800 jobs, write down $7.6 bn loss
09 Jul 2015
Through the job cuts, computer giant Microsoft will write off nearly all the $9.5 billion it paid to acquire Nokia just two years ago