M&A
Cisco to axe 6,500 jobs; to sell set-top box facility to Foxconn
19 Jul 2011
Cisco Systems yesterday announced that it would reduce costs by $1 billion and cut 6,500 jobs or approximately 9 per cent of its total workforce, in a restructuring aimed at reviving its sagging business
Santos offers A$730 million for Eastern Star Gas
18 Jul 2011
BHP bets on shale gas with $12.1-bn Petrohawk acquisition
15 Jul 2011
The proposed acquisition follows BHP Billiton's shale gas holdings in Arkansas from Chesapeake Energy in February for $4.75 billion.
Joy Global to buy 41 % of China's International Mining Machinery for $585 mn
15 Jul 2011
Beijing-based IMM, which has a market value of about $1.09 billion, is a leading designer and manufacturer of underground longwall coal mining equipment in China.
Joy Global to buy 41 % of China's International Mining Machinery for $585 mn
15 Jul 2011
Beijing-based IMM, which has a market value of about $1.09 billion, is a leading designer and manufacturer of underground longwall coal mining equipment in China.