Aug 6, 2013 | News, North America
Reuters Wonderbra owner Hanesbrands Inc will spend $547 million to buy rival Maidenform Brands Inc, where sales have been flagging, and expand its range of lingerie for younger consumers. * $547 mln deal for $23.50 per share, premium of 23 pct * Hanesbrands to fund...
Aug 6, 2013 | News, North America
Bloomberg Cisco Systems Inc., the biggest maker of networking equipment, agreed to acquire Sourcefire Inc. for about $2.7 billion, adding anti-hacking technology used extensively by the U.S. government. Cisco will pay $76 a share in cash, the San Jose,...
Aug 6, 2013 | China, East Asia, News, Western Europe
Bloomberg Croda International Plc, the world’s second-largest maker of cosmetic ingredients, agreed to buy a Chinese maker of fatty-acid products for 38.2 million pounds ($58.8 million) to tap growing demand for lubricant additives for cars. The U.K. supplier of...
Aug 6, 2013 | China, East Asia, France, News, Western Europe
Reuters PARIS, Aug 5 (Reuters) – One of China’s top securities brokers has bought parts of the commodities trading unit of French bank Natixis in the latest move by Chinese institutions to expand into natural resources markets. * Western banks under...
Aug 6, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Moscow-based IT service provider Active Cloud Development has teamed up with Moscow Seed Fund and Softline Venture Partners to develop an innovative IaaS (infrastructure as a service) platform christened “CloudBox.” The three partners have...
Aug 6, 2013 | China, East Asia, News
Information Times Shanghai Media Group subsidiary BesTV New Media has announced in a regulatory filing that the company is engaged in preliminary negotiations with Shanghai-based online game developer and operator Qifan Digital Technology (7FGame) over the possible...
