M&A
Icahn takes his Apple stake to near 1% after stock plunges
29 Jan 2014
The latest purchase takes Icahn’s holding of Apple shares to over $4 billion, or nearly 1 per cent of the company's market cap.
Yahoo Q4-2013 profit up 28% at $352 mn despite revenue fall
29 Jan 2014
Yahoo's main revenue source continued to struggle at a time when rivals such as Google, Facebook and Twitter are posting strong revenue growth
Bank of Montreal to acquire UK’s F&C Asset Management for $1.2 bn
29 Jan 2014
F&C, founded as the Foreign & Colonial Investment Trust in 1868, the world's first publicly listed pooled investment vehicle, has a rich heritage and has a very strong brand in asset management
AT&T not to bid for Vodafone for six months
28 Jan 2014
Allaying market speculations over a possible takeover, US telecommunications giant AT&T Inc said yesterday that it doe snot plan to bid for Vodafone Group Plc
Lenovo Group to buy IBM’s server business for $2.3 billion
23 Jan 2014
Lenovo Group Ltd today said it will buy IBM's low-end server business for $2.3 billion in cash and stock
Quest Diagnostics to buy Solstas Lab for $570 mn
23 Jan 2014
Verizon to buy Intel Media, Intel's start-up internet service
22 Jan 2014
Verizon Communications is buying Intel’s struggling start-up internet TV service, Intel Media, in a bid to deliver video over both its bundled fibre-optic home broadband service and its 4G wireless
Rolls-Royce may table $13.4-bn bid for Finnish engineering giant Wartsila
21 Jan 2014
A Finnish newspaper today reported British defence and aerospace giant Rolls-Royce may table a bid of around €50 per share for Finland's Wartsila
Lenovo restarts talks to buy IBM’s low-end server unit
21 Jan 2014
Lenovo Group has restarted talks to buy IBM's low-end server unit, as the world’s largest PC maker tries to expand its portfolio amid a shrinking PC market