With this move Sumner Redstone’s daughter Shari Redstone will have more sway over the remaining board members. As per two sources who are familiar with the matter at hand, Sumner Redstone, media mogul, has removed Philippe Dauman, Viacom’s CEO and… Read More ›
AB InBev set to get conditional nod from the European Commission for its acquisition of SABMiller. According to three sources who are familiar with the matter at hand, antitrust regulators from the European Union are set to conditionally approve AB… Read More ›
Ajit Jain, who is viewed as a potential successor to Warren Buffet, has described Kara Raiguel as a “true renaissance woman in the insurance and reinsurance industry”. With Tad Montross set to retire from the General Reinsurance unit of Berkshire… Read More ›
Although the deal makes strategic sense, not many investors have what it takes to see the deal go through. Bayer’s approach for acquiring U.S. seed and pesticide giant Monsanto has triggered a backlash from one of the company’s top shareholder… Read More ›
Panasonic is looking for a more immersive business experience in the automobile sector. In view of Tesla Motor’s impending plans of releasing the Model 3, Panasonic Corp has disclosed that if asked it could move up investments plans for the… Read More ›
It hopes to gain significant traction through this partnership in the world’s biggest smartphone market – China. In a strategic move designed to boost its sales in China, the world’s biggest market for smartphones, Samsung Electronics, has struck a deal… Read More ›
Coin is a Silicon Valley startup which manufactures NFC chips. By acquiring Coin, Fitbit hopes to incorporate the technology in its future products. Fitbit has disclosed that it has acquired the assets of Coin, a Silicon Valley Startup. This strategic… Read More ›
In 2014, when although Microsoft purchased Nokia it did not however buy its phone related patents. Subsequent to this acquisition, it has struggled with its phone business and in the previous year, it wrote-off the entire acquisition of Nokia worth… Read More ›
A swing in temperatures, the sales of its pharmacy and clinic business, as well as the restricting of its groceries in its stores have resulted in Target missing analyst’s estimates. Target has reported a lower turnover than its forecasts and… Read More ›
As per Kyodo News agency, Suzuki Motor Corp is suspecting to have cheated the public with the fuel economy of its vehicles. Japanese news media have reported that Suzuki Motor Corp has been suspected of using improper testing methods for… Read More ›
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