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Citi Completes Sale of Citigroup Global Services Limited

Citi Completes Sale of Citigroup Global Services Limited

   Citi today announced the successful completion of the sale of Citigroup Global Services Limited (CGSL).

Posted : Thu, Jan 01, 2009

Category : World-Business / Business-Finance News

Wipro To Acquire Citi Technology Services Ltd. [India]

Wipro To Acquire Citi Technology Services Ltd. [India]

   Wipro and Citi Enter Agreement for Wipro to Provide Information Technology Services to Citi and its Businesses.

Posted : Fri, Dec 26, 2008

Category : World-Business / Business-Finance News

BASF finalizes acquisition of Sorex pest control business

BASF finalizes acquisition of Sorex pest control business

   Portfolio and R&D capabilities highly complementary

Posted : Tue, Dec 23, 2008

Category : World-Business / Business-Finance News

Visa Inc. Funds Escrow Account

Visa Inc. Funds Escrow Account

   Transaction has the effect of a $1.1 billion Class B share repurchase

Posted : Tue, Dec 23, 2008

Category : World-Business / Business-Finance News

AIG announces sale of HSB Group to MUNICH RE

AIG announces sale of HSB Group to MUNICH RE

   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.

Posted : Mon, Dec 22, 2008

Category : World-Business / Business-Finance News

AIG sells residential mortgage-backed securities portfolio and terminates U.S. securities lending program

AIG sells residential mortgage-backed securities portfolio and terminates U.S. securities lending program

   Implements Transaction Structure Announced November 10

Posted : Wed, Dec 17, 2008

Category : World-Business / Business-Finance News

Johnson & Johnson Begins Tender Offer to Acquire Mentor Corporation

Johnson & Johnson Begins Tender Offer to Acquire Mentor Corporation

   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).

Posted : Fri, Dec 12, 2008

Category : World-Business / Business-Finance News

RIM to Acquire Chalk Media Corp

RIM to Acquire Chalk Media Corp

   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.

Posted : Thu, Dec 11, 2008

Category : World-Business / Business-Finance News

Citi Successfully Completes Sale of German Retail Banking Operation to Crédit Mutuel-CIC

Citi Successfully Completes Sale of German Retail Banking Operation to Crédit Mutuel-CIC

   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.

Posted : Tue, Dec 09, 2008

Category : World-Business / Business-Finance News

AMD, the Advanced Technology Investment Company and Mubadala Amend Transaction Agreements

AMD, the Advanced Technology Investment Company and Mubadala Amend Transaction Agreements

   Parties to create a leading-edge semiconductor manufacturing company at the beginning of 2009

Posted : Tue, Dec 09, 2008

Category : World-Business / Business-Finance News

Johnson & Johnson Announces Definitive Agreement to Acquire Mentor Corporation

Johnson & Johnson Announces Definitive Agreement to Acquire Mentor Corporation

   Mentor's Aesthetic and Reconstructive Medical Products Complement Ethicon's Industry-Leading Surgery Portfolio

Posted : Mon, Dec 01, 2008

Category : World-Business / Business-Finance News

Vodafone to Acquire an Additional 15% Stake in Vodacom Group

Vodafone to Acquire an Additional 15% Stake in Vodacom Group

   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.

Posted : Thu, Nov 06, 2008

Category : World-Business / Business-Finance News

Chevron Sells Marketing Businesses in Kenya and Uganda

Chevron Sells Marketing Businesses in Kenya and Uganda

   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).

Posted : Wed, Nov 05, 2008

Category : World-Business / Business-Finance News

Oracle Buys Intellectual Property Assets of Tacit Software

Oracle Buys Intellectual Property Assets of Tacit Software

   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.

Posted : Tue, Nov 04, 2008

Category : World-Business / Business-Finance News

Ricoh Completes Acquisition of IKON Office Solutions

Ricoh Completes Acquisition of IKON Office Solutions

   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.

Posted : Sat, Nov 01, 2008

Category : World-Business / Business-Finance News

Johnson & Johnson Establishes Wellness & Prevention Platform with Acquisition of HealthMedia, Inc.

Johnson & Johnson Establishes Wellness & Prevention Platform with Acquisition of HealthMedia, Inc.

   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.

Posted : Mon, Oct 27, 2008

Category : World-Business / Business-Finance News

IDT Acquires Silicon Optix Assets and Technology

IDT Acquires Silicon Optix Assets and Technology

   IDT Expands Presence in Flat Panel Market through Acquisition of High Performance Video Processing Capabilities

Posted : Tue, Oct 21, 2008

Category : World-Business / Business-Finance News

Bosch announces the acquisition of sia Abrasives Holding AG Unanimous support of the board of directors of sia Abrasives

Bosch announces the acquisition of sia Abrasives Holding AG Unanimous support of the board of directors of sia Abrasives

   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).

Posted : Thu, Oct 02, 2008

Category : World-Business / Business-Finance News

AARP Financial's Ten Tips to Survive Today's Market

AARP Financial's Ten Tips to Survive Today's Market

   AARP Financial is providing proactive steps that people can take to help protect their nest egg amidst a financial market that is in turmoil.

Posted : Wed, Oct 01, 2008

Category : World-Business / Business-Finance News

Best Buy to Acquire Napster

Best Buy to Acquire Napster

   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.

Posted : Mon, Sep 15, 2008

Category : World-Business / Business-Finance News
 
 
 
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