September 15, 2014 11:46 am
The telecom unit of France-based Bouygues SA launched the on-demand video streaming service of Netflix on its TV set-top boxes on Monday. This is considered a crucial step for Netflix, which will launch in France for the first time. The company also explained that it will feature access to Netflix directly through the viewers television […]
Read moreSeptember 15, 2014 9:21 am
Danaher Corp. revealed that it has reached an agreement over the acquisition of Nobel Biocare Holding AG. The price of the deal is estimated at $2.2 billion, including debt, and comes at a time when health companies are seeking consolidation through mergers and acquisitions in the medical-device sector. “This combination will help us build a […]
Read moreSeptember 15, 2014 8:12 am
Heineken announced that it rejected a takeover offer made by SABMiller Plc because the family that controls the company prefers it to remain independent. According to people familiar with the process, who asked not to be named because the information is not public, the preliminary acquisition bid of SABMiller was turned down by the owners […]
Read moreSeptember 14, 2014 7:00 am
Fosun International Ltd and its partners made a new offer to Club Mediterranee SA, restarting the battle over the French resort company by posting a larger bid than its Italian rival, Global Resorts. The renewed bid amounts to €22 per share. Fosuns improved offer values Club Med at €839 million ($1.08 billion), including convertible bonds. […]
Read moreSeptember 12, 2014 1:14 pm
Comcast Corp. made a joint statement with Liberty Global Plc and revealed that its customers will be provided with the opportunity to use the European Wi-Fi hotspots of Liberty. In exchange, Libertys subscribers will be able to use Comcasts Wi-Fi networks in North America. According to the statement, the service is to start on a […]
Read moreSeptember 12, 2014 12:16 pm
The second-biggest bank in the U.K. – Barclays Plc appointed John McFarlane as a successor to David Walker as chairman of the bank. Barclays said that Mr. McFarlane will join the bank on January 1st as a non-executive director, and will take the position of Chairman on April 23rd, when the next years annual general […]
Read moreSeptember 12, 2014 9:47 am
Hewlett-Packard revealed that it is to acquire the cloud-computing software developer Eucalyptus Systems Inc as part of Chief Executive Officer Ms. Meg Whitmans strategy to boost the business of the company. The deal is expected to be finalized in the fourth quarter of the fiscal year. Hewlett-Packard announced in May 2014 that it plans to […]
Read moreSeptember 12, 2014 8:32 am
RadioShack Corp. revealed that it is in talks with creditors and third parties to get more capital and avoid bankruptcy after the electronics retailer posted another quarter of increasing losses and declining sales. According to an official statement, RadioShack is in advanced negotiations to bolster its balance sheet, including debt restructuring. The company is also […]
Read moreSeptember 12, 2014 7:48 am
According to some newly-released documents, Yahoo! Inc. might have been forced to pay millions of dollars on a daily basis on fines in case the company kept refused to comply with requests by the U.S. government for its users Internet data. The general counsel of Yahoo – Mr. Ron Bell – shared that the company […]
Read moreSeptember 11, 2014 2:21 pm
Gazprom OAO, Russias state-owned gas giant, and the largest gas exporter in the world, reported poor profits for the last quarter, hurt by simmering tensions with Ukraine. Gazprom said Q1 net profit fell by 41% on an annual basis to RUB 223 billion ($6 billion). Revenue, however, rose by 7% to RUB 1.56 trillion, while […]
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