M&A
Infosys seeks to hive off PPS vertical to subsidiary Edgeverve
14 Jun 2014
The PPS business had spawned a retail platform branded “TradeEdge” to help global brands in FMCG segment to drive profitable growth in emerging markets
AT&T, DirecTV claim net benefit to consumers from merger
13 Jun 2014
In a bid to gain regulatory approval AT&T, DirecTV have promised lower pay TV prices, greater broadband availability in rural areas and extended compliance with 2010 net neutrality legislation
HSBC sells UK pension business to Swiss Re unit
12 Jun 2014
Google acquires satellite maker Skybox Imaging for $500 mn
12 Jun 2014
The acquisition comes two months after Google’s acquisition of Titan Aerospace, which beams internet signals from high-altitude drones
SBI subsidiaries rally on consolidation move
11 Jun 2014
Time Warner in talks for large stake in Vice: reports
11 Jun 2014
After completing the spin ogg of Time Magazine on Monday, Time Warner is reportedly in talks to acquire a large stake in digital media firm, Vice
Twitter to acquire Namo Media to beef up mobile monetisation
09 Jun 2014
Twitter will integrate Namo Media to its MoPub mobile ad-exchange, which the company acquired in October ahead of its IPO
Sprint close to buying T-Mobile USA for $32 bn
06 Jun 2014
The merger of Sprint and T-Mobile USA would create a strong challenger with around 94 million subscribers to larger rivals AT&T Inc and Verizon Wireless, which have over 94 million and 115 million customers respectively.
Germany’s Henkel to buy Spotless Group in $1.28-bn deal
05 Jun 2014
Henkel says this acquisition is part of its global strategy to selectively invest in attractive country-category positions in mature markets
Tesco enters India’s multi-brand retail market with 50% stake in Trent
04 Jun 2014
British retailer Tesco Plc has completed the acquisition of a 50-per cent stake in Tata Group's retail arm Trent Ltd, becoming the first foreign supermarket chain to enter multi-brand retail in India
Pilgrim's Pride raises offer for Hillshire Brands to $7.7 bn
04 Jun 2014
The battle for control of US packaged food company Hillshire Brands Co escalated yesterday after Pilgrim's Pride Corp outbid Tyson Foods by raising its buyout offer
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