In a statement, Apollo Global Management, a U.S. private equity firm said, funds managed by its affiliates have entered a deal to acquire Thermal and Emission Control Materials business from Japan’s advanced materials producer Mitsubishi Chemical Corporation. The deal, which… Read More ›
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Tencent Holdings increases stake in Studio 9
In a statement China’s market regulator said, it has approved Tencent Holdings’ plan to purchase an equity stake in Studio 9, a Chinese animation company. China’s State Administration for Market Regulation made the announcement on its website. Tencent, which already had… Read More ›
Hackers compromise more 1 billion user accounts in Yahoo
Yahoo believes that its system which stores debit/credit card and other banking related transactions have not been affected by the hack. It would be prudent for Yahoo account holders to take immediate precautionary measures to safeguard their financial transactions regardless… Read More ›