Archive for August 7th, 2012
Sponsor Carlyle in talks to acquire Du Pont unit in $4.5bn deal
US alternative asset manager Carlyle Group LP (NASDAQ:CG) is nearing USD4.5bn (EUR3.6bn) deal to buy the performance coatings unit of US chemicals giant E I Du Pont De Nemours & Co (NYSE:DD), or DuPont, Reuters said citing knowledgeable sources. The …
Tesco unveils virtual supermarket at Gatwick Airport
UK-based supermarket chain Tesco plc (LSE:TSCO) has opened a "virtual grocery store" in a two-week trial at London's Gatwick Airport. The company said today that the new store would
Standard Chartered shares plummet after money laundering allegations
Banking group Standard Chartered plc (LSE:STAN) has seen its share price fall around 24% today after US regulators accused the institution of hiding 60,000 secret transactions for financial
The rapid rise of China’s telecoms giant Huawei causes concern — report
Huawei is not yet a household name in the UK – for one thing, there is confusion over how to pronounce it – but the Chinese telecommunications giant
Swedish defence group Saab tables offer for air-traffic firm Hitt NV
Sweden-based aerospace and defence major Saab AB (STO:SAAB B) has made a EUR6.60 (USD8.18) per share public cash offer for Dutch sea and air-traffic control solutions firm Hitt
AXA Private Equity invests in German fashion retailer Schustermann & Borenstein
AXA Private Equity, the private equity arm of French insurer AXA SA (EPA:CS), said it was taking a stake in German retail fashion firm Schustermann & Borenstein GmbH
Turner Broadcasting acquires sports content firm Bleacher Report
Turner Broadcasting System Inc (NYSE:TWX), part of of US media and entertainment group Time Warner Inc (NYSE:TWX), said it had purchased online sports media content provider Bleacher Report
US gas pipeline operator Kinder Morgan sells assets in $6.22bn deal
US natural gas pipeline operator Kinder Morgan Inc (NYSE:KMI) is selling full control of Tennessee Gas Pipeline (TGP) and 50% in El Paso Natural Gas (EPNG) to Kinder
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