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Citi today announced the successful completion of the sale of Citigroup Global Services Limited (CGSL).
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![Wipro To Acquire Citi Technology Services Ltd. [India]](http://static.taume.com/image/citi-news.jpg) |
Wipro and Citi Enter Agreement for Wipro to Provide Information Technology Services to Citi and its Businesses.
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Portfolio and R&D capabilities highly complementary
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Transaction has the effect of a $1.1 billion Class B share repurchase
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American International Group, Inc. (AIG) announced today an agreement to sell its wholly owned subsidiary HSB Group, Inc. (HSB), to the Munich Re Group. HSB, the parent company of The Hartford Steam Boiler Inspection and Insurance Company, is a leading worldwide provider of equipment breakdown and engineered lines insurance and reinsurance.
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Implements Transaction Structure Announced November 10
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Johnson & Johnson (NYSE: JNJ) is commencing today, through a new wholly owned subsidiary, Maple Merger, Sub, Inc., a cash tender offer to purchase all outstanding shares of common stock of Mentor Corporation (NYSE: MNT).
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Concurrently with the execution of the Arrangement Agreement, RIM has made a loan to Chalk in the amount of CDN $2.2 million, which will provide additional working capital to fund Chalk's operations until the completion of the transaction.
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Citi today announced the successful completion of the sale of Citibank Privatkunden AG & Co. KGaA, its German retail banking operation, and certain of its affiliates, to Crédit Mutuel-CIC, a leading French banking group.
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Parties to create a leading-edge semiconductor manufacturing company at the beginning of 2009
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Mentor's Aesthetic and Reconstructive Medical Products Complement Ethicon's Industry-Leading Surgery Portfolio
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The acquisition is subject to, among other conditions, approval by 75% of Telkom's shareholders and is interconditional upon Vodacom Group being listed on the JSE and Telkom demerging the remaining 35% of Vodacom Group to Telkom's shareholders.
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Chevron Corporation (NYSE: CVX) today announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell 100 percent of its shareholdings in Chevron Kenya Limited and Chevron Uganda Limited to Total Outre Mer S.A (Total).
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Today Oracle announced that it has acquired the intellectual property assets of Tacit Software.
Tacit Software's unique automated profiling technology is an expertise location solution that helps organizations uncover new opportunities for collaboration.
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Ricoh Company,
Ltd. (TSE: 7752, "RICOH" President & CEO: Shiro Kondo) today announced that
it has completed its previously announced $1.6 billion acquisition of IKON
Office Solutions, Inc. through RICOH's wholly owned U.S. distribution
subsidiary, Ricoh Americas Corporation. As a result of the merger, IKON is
now a wholly owned subsidiary of Ricoh Americas Corporation.
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As an initial step in the creation of a wellness and prevention business platform, Johnson & Johnson announced today it has acquired HealthMedia, Inc., that creates web-based behavior change interventions.
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IDT Expands Presence in Flat Panel Market through Acquisition of High Performance Video Processing Capabilities
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Bosch signed an agreement with Behr Bircher Cellpack BBC AG, Villmergen (Switzerland) to purchase nearly 40 percent of the shares in sia Abrasives Holding AG, Frauenfeld (Switzerland).
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AARP Financial is providing proactive steps that people can take to help protect their nest
egg amidst a financial market that is in turmoil.
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Best Buy Co., Inc. (NYSE:BBY) and Napster Inc. (NASDAQ:NAPS) announced today that the two companies have entered into a definitive merger agreement for Best Buy to commence a tender offer for all outstanding Napster shares at a price of $2.65 per share in cash.
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