Britain's Resolution , an acquisitions vehicle founded by tycoon Clive Cowdery, clinched the first of a hoped-for trio of deals with the 1.86 billion pound ($3.1 billion) takeover of insurer Friends Provident .
Britain's Resolution , an acquisitions vehicle founded by entrepreneur Clive Cowdery, clinched its first deal on Tuesday with the 1.86 billion pound ($3.1 billion) takeover of insurer Friends Provident .
The total value of distressed-debt deals, where creditors use their debt positions to take ownership of troubled companies, has touched $84.4 billion this year, the Wall Street Journal said, at a pace close to double that of 2008.
An attorney for the executors of Michael Jackson's estate said Monday that deals worked out in partnership with the King of Pop's concert promoter could provide millions of dollars to his estate.
Working together to Support Increasingly Interconnected IT Infrastructures, the top networking technology Companies entered into an agreement deals. IBM announced the agreement of reseller and original equipment manufacturing (OEM) of switches and routers which will benefit all the Companies creating good relationship among them.
Verizon Wireless is dialing back on its exclusivity agreements with handset makers after pressure from U.S. lawmakers and smaller carriers.
Struggling No. 1 U.S. trucking company YRC Worldwide Inc has asked investment bank Rothschild to evaluate potential bond exchanges as part of its restructuring plans, according to a source familiar with the matter.
Saudi Aramco and France's Total signed on Tuesday 13 agreements with contractors to build a $9.6 billion joint-venture refinery in the kingdom, state news agency SPA reported.
Telefonica's O2 and Movistar have won exclusive deals to sell Palm's new Pre smartphone -- regarded as the closest rival to Apple's iPhone -- in Britain, Ireland, Germany and Spain.
Telefonica's O2 and Movistar have won exclusive deals to sell Palm's new Pre smartphone -- regarded as the closest rival to Apple's iPhone -- in Britain, Ireland, Germany and Spain.
Chinese President Hu Jintao's visit to Italy generated over $2 billion worth of deals between the two countries on Monday, including a Fiat SpA (FIA.MI) joint venture to produce cars and engines in China.
U.S. President Barack Obama's visit to Russia has generated over $1.5 billion worth of deals, but a longer term step-change in business between the nations will depend on Moscow boosting the rule of law.
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Chinese steel mills offered their first meaningful compromise on iron ore prices on Wednesday, scrambling to salvage annual supply deals with global miners who kept silent one day after a deadline to agree terms.
Consumers, insurance companies and the federal government spend an extra $3.5 billion for prescription drugs every year because brand-name companies pay generic producers to stay out of the market, the head of the U.S. Federal Trade Commission said on Tuesday.
AT&T Inc said it extended a network equipment supply agreement with Alcatel-Lucent and would soon start selling a cellphone from Motorola Inc .
AT&T Inc said it extended a network equipment supply agreement with Alcatel-Lucent and would soon start selling a cellphone from Motorola Inc .
LaSalle Investment Management has about $1.5 billion to $2 billion ready to use to buy U.S. commercial property for its investors but does not expect to pull the trigger for a few quarters.
Swedish telecom equipment maker Ericsson has signed its first license agreements for LTE technology patents, allowing other companies to use the technology, an Ericsson official said on Monday.
President Barack Obama's choice to head the Federal Communications Commission plans to review the exclusive arrangements between wireless carriers and cell phone makers.
A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.
Several U.S. senators urged regulators on Monday to review exclusive arrangements regarding mobile handset technology between wireless carriers and cell phone makers and how they affect competition and choice in the marketplace.