Affiliates of Vista Equity Partners, a leading private equity firm focused on investments in software, data and technology-enabled businesses is all set to acquire Cvent Inc. and entered into a definitive agreement with the later for acquiring. Substantial value to… Read More ›
Day: April 19, 2016
Oil Traders Sweat after Doha Failure over Saudi’s Other Warning
Oil traders are weighing another implied warning from the Saudi deputy crown prince: the threat of an intensifying clash with Iran over market share, after his comments thwarted supply negotiations in Doha. Talks between 16 producing countries on April 17… Read More ›
AB InBev sells SABMiller’s Peroni brand to Japan’s Asahi group
With this strategic move, Ab InBev moves one step closer towards completing its 100 billion plus takeover of SABMiller. AB InBev process of acquiring its smaller rival SABMiler has made another significant milestone with it accepting Japan’s Asahi Group’s proposal… Read More ›
Hyundai Motors ties up with Cisco Systems to develop tomorrow’s autonomous vehicles
The race for the next generation automated autonomous vehicles just got hotter. As part of its vision for tomorrow automated autonomous vehicles which Hyundai Motor terms as “high-performing computers on wheels”, it said today that it will partner with Cisco… Read More ›
Target to have a minimum wage rate of $10 per hour starting from May
An increasingly competitive labour market has prompted this move which is likely to have a significant impact on its earnings. With labour groups pressuring Target Corp for higher wages, compounded by a highly competitive job market, the company, as per… Read More ›