Money Matters, Simplified.
Mergers & Acquisitions
GM pledges 1.9 billion euros to restructure Opel, Vauxhall
Tue, 02/03/2010 - 17:44 by Jaspreet Virk
 In a move to turnaround its struggling Opel and Vauxhall units, General Motors (GM) said Tuesday that it would triple the funding in these units. |
AIG sells Asian insurance business to Prudential PLC
Tue, 02/03/2010 - 12:44 by Ishita Sood
 American International Group Inc. (AIG) sold its Asian life insurance business to Prudential PLC of Britain on Monday. The deal was inked for $35.5 billion and is reportedly the largest insurance takeover so far. |
Diamond Foods acquires Kettle Foods for $615 mn
Fri, 26/02/2010 - 12:06 by Ishita Sood
 Kettle Food Inc. will soon be acquired by Diamond Foods for $615 million. The latter is the seller of Emerald nuts and Pop Secret popcorn. |
Coca-Cola nearing deal to buy largest bottler
Thu, 25/02/2010 - 12:16 by Jaspreet Virk
 Coca-Cola Co., the world’s largest beverage company, is in talks to buy North American operations of Coca-Cola Enterprises Inc. |
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Yahoo, Microsoft ink search deal
Fri, 19/02/2010 - 15:09 by Ishita Sood
 Yahoo and Microsoft announced their plans to implement the 10-year agreement, under which Microsoft's technology will power Yahoo search and the two companies will share revenue generated by the site. The European Commission said Thursday that the deal would not harm the consumers. |
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Kirin calls off merger talks with Suntory
Mon, 08/02/2010 - 17:15 by Ishita Sood
 Tokyo, February 8 -- Japanese brewing and food group Kirin called off merger talks with Suntory Holdings as it was unable to agree with Suntory’s ways of ensuring management independence and transparency. |
Regulators seize 5 more U.S. banks
Sat, 23/01/2010 - 12:05 by Ishita Sood
 New York, January 23 -- Five U.S. banks were seized by regulators on Friday, totaling the year’s failure to nine. |
Kraft buys Cadbury for $19bn
Tue, 19/01/2010 - 12:30 by Ishita Sood
 London, January 19 -- A new era awaits for chocolate maker Cadbury as American food giant Kraft has bought the London-based firm for 11.7 billion pounds ($19 billion). |
Shanda Games to acquire Mochi Media for $80 Million
Tue, 12/01/2010 - 17:40 by Jamie Anderson
 San Fransisco, CA, January 12 -- Chinese leading online game developer Shanda Games Limited ((NASDAQ: GAME) announced that it will buy the U.S. online game network Mochi Media Inc. in a deal worth $80 million. |
Heineken buys Femsa for $7.7 billion
Mon, 11/01/2010 - 16:47 by Ishita Sood
 Amsterdam, January 11 -- Dutch brewing company Heineken International, agreed to buy beer division of Fomento Economic Mexicano (Femsa), Mexico’s second- biggest brewer for $7.7 billion. |