Shares of BP (BP) jumped to the highest level in six months on media reports that Royal Dutch Shell (RDS.A) considered bidding for the British company during the Gulf Oil disaster.
BP shares climbed 5% to 488.85 pence at 10:00 GMT, Reuters reported. …
Nokia Siemens’s planned acquisition of the bulk of Motorola’s wireless-network business likely won’t happen this year. Chinese regulators are still reviewing the deal, and Nokia Siemens now expects approval — and the completio…
Already the global group-buying leader and growing much faster than its competitors, Groupon is getting a lot more funding. For what? For world domination, of course. . .and here’s how Groupon is likely to put that new-found ca…
With interest rates so low and corporations sitting on $2 trillion in cash, a slew of mergers and takeovers across a number of industries appears likely in 2011. But picking individual companies is awfully tough. Here’s a bette…
Two recent acquisitions by Canadian banks likely foretell that M&A activity among U.S. banks will only accelerate next year. Smaller banks that survived the financial crisis, but have few growth opportunities, are now attractiv…