Merger Creates Largest Airline in the World
United Airlines and Continental Airlines have agreed to merge by way of a $3.2 billion share for share exchange. The...
Read MoreSale of 3G Licences in India Set to Reap Rewards for Government
India is currently in the process of an online auction of 3G licences in which nine mobile operators are bidding...
Read MoreGerman Rail Operator to Buy British Transport Group
Deutsche Bahn, the largest state-owned railway company in Germany and the biggest railway operator in Europe, has agreed to acquire...
Read More$1 Billion Leveraged Buyout One of Largest Since Financial Crisis
In a deal worth some $1.5 billion, private equity firm Cerberus Capital Management LP has agreed to acquire defense contractor...
Read MoreChina’s Geely Buys Volvo from Ford
Ford has agreed to sell Volvo Cars to Zhejiang Geely Holding for $1.8 billion, making it the largest acquisition to...
Read MoreTommy Hilfiger and Calvin Klein to Be under One Owner
Phillips-Van Heusen (“PVH”), owner of the Calvin Klein label, has agreed to buy fashion brand Tommy Hilfiger from Apax Partners...
Read MoreFacebook CEO in No Rush to Launch IPO
25 year-old Facebook Chief Executive Mark Zuckerberg has declared that the company will eventually launch an initial public offering (IPO)...
Read MoreBeer Giants Report Lower Consumption
Two of Europe’s largest brewers, Heineken and Carlsberg, have reported a surge in profits for 2009 as both companies cut...
Read MoreOneworld to Take Over the World?
The U.S. Department of Transportation (DoT) gave its tentative approval to grant antitrust immunity to five partners of oneworld to...
Read MoreShareholders Support De Beers’ $1 Billion Rights Issue
The owners of De Beers, the world’s largest diamond company, have responded to a cash call by the company by...
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