Archive for September 4th, 2012

Tesco continue to struggle

Supermarket giant Tesco acquires digital book solution Mobcast

British retailer Tesco Plc (LON:TSCO) announced on Tuesday that it had acquired digital book platform provider Mobcast. It did not give details on the purchase price. According to Reuters, the size of the deal is GBP4.5m (USD7.2m/EUR5.7m). Mobcast was founded […]

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Microsoft’s Bing to feature Facebook pictures in search results

Microsoft´s search engine Bing will be showing pictures added or shared on Facebook in its search, as the next step of its Facebook features integration that has been

Jet Engine

European competition authorities approve GKN’s acquisition of Volvo Aero

The European Commission (EC) said it had ruled in favour of the planned SEK6.9bn (USD1bnm/EUR818m) acquisition of Volvo Aero by British engineering group GKN Plc (LON:GKN), after concluding

Picture: newsteam.co.uk

Over ten potential buyers circle struggling sports retailer JJB — report

The sale of ailing UK sportswear retailer JJB Sports Plc (LON:JJB) is picking up pace, with more than 10 potential buyers getting information packages, the Financial Times reported

Turkish Lira

Carlyle-consortium mulls sale of Turkish hospital operator

US private equity giant Carlyle Group LP (NASDAQ:CG) and its investment partners in Medical Park Saglik Hizmetleri AS have retained the advisory services of Credit Suisse Group AG

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