Archive for November 26th, 2012
McGraw-Hill to sell digital learning unit to sponsor Apollo in $2.5bn deal
US financial information and education group McGraw-Hill Companies Inc (NYSE:MHP) announced today it had agreed to offload its digital learning unit to Apollo Global Management LLC (NYSE:APO) for some USD2.5bn (EUR1.9bn). The transaction, pending regulatory clearance, is scheduled for completion …
Canada’s central bank chief to replace King at Bank of England
Mark Carney, the governor of the Canadian central bank, has been chosen to replace Sir Mervyn King as the governor of the Bank of England, it was announced
UK business groups urge chancellor to help firms grow
Business groups in the UK have urged the government to address the financing constraints faced by small and medium-sized firms. With just over a week to go before Chancellor
Businesses save money by switching to VOIP
Communication is one of the key activities in business life. Fixing dates and times for appointments with business partners, briefing colleagues on new developments, making deals with business-related
Italy’s Fiat Industrial finalises merger with Dutch CNH Global
Italian truck and heavy machinery maker Fiat Industrial SpA (BIT:FI) has sealed a definitive deal to merge with Dutch agricultural and
US financial services group AIG to establish Chinese joint venture with PICC Life
US insurer American International Group, Inc. (NYSE: AIG) said it has entered into a non-binding term sheet
France’s L’Oreal acquires Urban Decay Cosmetics from sponsor Castanea
French cosmetics group L'Oreal SA (EPA:OR) announced today it had agreed to buy US-based make-up specialist Urban
German Software AG has €1bn to spend on acquisitions — report
Germany-based Software AG (ETR:SOW) can "theoretically" afford an acquisition of as much as EUR1bn (USD1.3bn), German daily Die Welt said Sunday, citing chief financial officer Arnd Zinnhardt. The business
Consumers prefer email to social media to contact customer service
At a time when more businesses view the use of social network sites as an opportunity to create a relationship with customers and to improve customer service, a
National Bank of Greece to acquire rival EFG Eurobank Ergasias
National Bank of Greece (NYSE:NBG) said its shareholders had given the go-ahead to the planned acquisition of local peer EFG Eurobank Ergasias SA. The shareholder meeting, which was held
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