An AOL-Yahoo merger seems imminent as AOL reportedly hired new financial advisors to oversee a potential merger. Both companies could benefit from a partnership. Jennifer Schenker, Founder and Editor-in-chief of Informilo.com tells us more.
The French pharmaceutical giant Sanofi-Aventis unveiled a 14.5-billion-euro offer to buy the US biotech firm Genzyme, which specialises in treatments for rare diseases.
Pierre Briançon tells us about French austerity, which is still in the news even during the government's summer break; a wave of consolidation among large industrial groups; and a new battle which is looming between internet giants Facebook and Google.
The EU's anti-monopoly monitors approved on Tuesday a merger between United and Continental airlines, clearing the way for the creation of the world's biggest airline.
Rupert Murdoch's media conglomerate News Corp. has revealed a bid to take full control of UK-based satellite broadcaster BSkyB. But the British pay-TV giant said any cash offer should be at least 14 percent higher.
British insurer Prudential says it is pulling out of negotiations to take over AIA, the Asian arm of US insurer AIG, after failing in its bid to secure a lower price.
Prudential's bid take over AIG's Asian unit, AIA, is in danger of collapsing after the American insurer rejected a plea by the British company to cut the price tag from $35.5 billion to $30.375.
Hewlett-Packard Co announced a $1.2 billion deal to buy Palm Inc, betting it can resuscitate the struggling smartphone maker to compete with the
likes of Apple Inc and RIM.
Coca-Cola has taken a majority stake in fast-expanding and ethically-minded British smoothie maker Innocent Drinks. Innocent's three founders will keep running the firm.
