After buying out the Paris Saint-Germain football club and investing heavily in major French energy and media firms, the Gulf state of Qatar could soon own Paris’s iconic Printemps department store.
The owners of the Boston Red Sox have completed a long and bitter 480-million-dollar takeover of Premier League club Liverpool, leaving former co-owner Tim Hicks to decry an "epic swindle".
Liverpool football club's American owners Tom Hicks and George Gillett have withdrawn a temporary restraining order that they had taken out to block a sale of the club worth 476 million dollars to owners of the Boston Red Sox.
The fight for the Liverpool football team was taken to a Texas state court on Wednesday in the ongoing bitter fight between the current American owners who are trying to stop the venerated club from being sold to the owners of the Boston Red Sox.
The luxury London department store Harrods has been sold by Egyptian magnate Mohamed Al Fayed to the Qatari royal family's investment arm, a statement from Fayad’s representatives said Saturday.
The Dutch car manufacturer Spyker is to buy General Motors' luxury brand Saab. The transaction, expected to be closed in mid-February, will "secure a sustainable future" for Saab and should preserve jobs.
British confectioner Cadbury has agreed to a takeover by US food giant Kraft, making the new firm a global market leader in food and confectionery. The deal is worth 13.1 billion euros.
US computer giant Dell announced on Monday it had acquired computer services firm Perot Systems, founded by Texan billionaire Ross Perot, for almost four billion dollars. Perot ran for US president in 1992 and in 1996.
