Business Deals

SonaMed Corporation to greet new owner

seher — Wed, 16 Apr 2008 07:41:04 -0500

Natus Medical Incorporated today announced that it has set up a contract to acquire privately held SonaMed Corporation.

Caja Madrid buys stake in City National Bank of Florida

seher — Tue, 15 Apr 2008 11:20:45 -0500

Caja Madrid, the savings bank that provides services at approximately 1,900 banking offices and more than 4,600 supermarket locations throughout Spain, decided to use its strategic stakes in financial service companies to create a separate company and launch it on the stock exchange before the end of 2008.

Fremont General Corp is selling its bank to CapitalSource Inc

seher — Tue, 15 Apr 2008 11:11:04 -0500

Fremont General Corp. is going to sell its bank to CapitalSource Inc. The deal is worth of $170 million.

Santander sells Interbanca to GE

seher — Thu, 27 Mar 2008 11:29:20 -0500

Spain's Santander said on Thursday it was selling Italian corporate banking arm Interbanca to General Electric in exchange for consumer finance units in a deal worth 1 billion euros ($1.7 billion).

Indian Company Buys Luxury Brands Jaguar, Land Rover

seher — Wed, 26 Mar 2008 13:42:54 -0500

India's biggest vehicle maker, Tata Motors, has clinched a deal to buy luxury brands Jaguar and Land Rover from U.S. carmaker Ford.

Severstal to acquire one more plant in U.S.

seher — Fri, 21 Mar 2008 09:57:20 -0500

Severstal buys the Sparrows Point mill in the U.S. state of Maryland from ArcelorMittal for $810 million.

Nokia bargains with China Postel

seher — Fri, 07 Mar 2008 10:13:56 -0600

Nokia Corp. on Friday announced a deal to sell handsets worth a total Ђ 2 billion (US$3 billion) to China Postel during 2008, in the company's largest market.

News Corp. Finds Religion, Buys Spiritual Website

AnnP — Tue, 04 Dec 2007 09:41:34 -0600

News Corp. has acquired Beliefnet.com, a spiritual website that boasts over 3 million unique visitors a month, writes Samantha Chang.

Christian Bale In Talks to Star in 'Terminator' Sequel: Reuters

Meaghan — Mon, 03 Dec 2007 15:23:59 -0600

Samantha Chang of TheImproper.com reports hunky Brit Christian Bale is in talks to star in a sequel to the blockbuster "Terminator" flicks.

Resellers Move $2 Billion in Financing Through IBM Rapid Online Funding System

harminka — Fri, 21 Sep 2007 04:01:56 -0500

IBM Global Financing (IGF), the financing business segment of IBM (NYSE: IBM), announced today that it has funded $2 Billion (US) in financing deals for IBM Business Partners and resellers through its Rapid Online Financing (RoF) tool.

GE Money Signs European Deal with Ryanair

harminka — Mon, 06 Aug 2007 00:41:22 -0500

GE Money, the global consumer lending unit of GE and Ryanair announced that they have signed a deal which will see GE Money provide co-branded credit cards for Europe’s largest low fares airline, across a number of European Markets.

Clues confirming reported BP Shell mega merger

johnadonovan — Wed, 04 Jul 2007 10:04:27 -0500

Clues suggest that merger talks between two oil giants, BP and Royal Dutch Shell, to create the world's biggest corporate titan, eclipsing ExxonMobil are underway.