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Xstrata investors seen backing Glencore takeoverInvestors in commodities trader Glencore, voted 99.4 per cent in favour of the deal at a meeting in Zug, near Zurich.
- Religion remains untouched by recession
Vatican, the seat of the Catholic Church and a city nation, did face some fluctuations, mostly because the dollar depreciated against the e...
- Cox&Kings gets Holidaybreak shareholders' nod for acquisition
Travel service provider Cox & Kings said shareholders of UK-based Holidaybreak PLC have approved its proposal to buy out the latter.
- Cox & Kings to acquire UK's Holidaybreak for 312 mn pounds
Travel services provider Cox & Kings today said it will acquire UK-based Holidaybreak Plc for an estimated 312 million pounds.
- Standard Chartered to raise $ 5.2 bn in rights issue
British bank Standard Chartered PLC surprised the market on Wednesday by asking its shareholders for nearly 3.3 billion pounds ($5.2 billio...
- Cadbury: End of an icon brand pains all
The end of Cadbury, a profitable, iconic English brand has touched a raw nationalistic nerve in the UK-sparking off save-Cadbury campaigns ...
- Kraft wins over Cadbury with $19.6 bn offer
The bitter sweet saga of Cadbury’s desperate fight to stay independent is finally over, with its board recommending a revised offer from Kr...
- Key Cadbury investors want 850 pence a share: Reports
Key Cadbury investors seek Kraft to raise the bid to 850 pence to have any hope of success with the UK chocolate maker.
- RBS says bank chief defers chunk of pay package
The head of Royal Bank of Scotland, which is 70 percent owned by the state, has agreed to defer a chunk of his controversial pay package fo...
- Britain clears Lloyds-HBOS merger
British business minister Peter Mandelson on Friday cleared a proposed merger between rival banks Lloyds TSB and HBOS, which had been quest...
- Informa shares fall after it rejects takeover bid
Shares at Informa PLC, the London-based publisher of Lloyd's List maritime newspaper, fell 6 per cent on Friday after the company rejected ...
- Informa shares fall after it rejects takeover bid
Shares at Informa PLC, the London-based publisher of Lloyd's List maritime newspaper, fell 6 per cent after the company rejected a reduced ...
- Imperial Energy's board accepts OVL's $2.58 bn offer
OVL, which was drubbed by Chinese companies on many occasions over the past few years, won the approval of Imperial's Board of Directors fo...
- Rio wants UK to force a formal bid by BHP
Rio Tinto Group asked UK regulators to force BHP Billiton to turn its $139 billion take-over proposal into a formal bid or drop the offer.
- Tatas pick up Corus shares worth $2.3 b
A day after securing the $12.1-billion deal with Corus, Tata Steel is now making sure it is not caught off-guard again a la CSN.
- Peter Sands named new StanChart CEO
Standard Chartered, a UK bank that makes two-thirds of its profit in Asia, named finance director Peter Sands as chief executive officer, t...
- ET report on Reliance’s stake buy lifts Wood Group shares
Shares of John Wood Group, a UK-oil-field services provider, made their largest gain in five months on Wednesday, after a report in The Eco...