Archive for 'Corporations'

Italian authorities will help Alitalia

6 September 2008

Authorities of Italy hope for successful re-structuring of airline-bankrupt Alitalia up to the end of November 2008. Thus within September it is planned to find the foreign partner, which will agree to take part in re-structuring. Alitalia Extraordinary Administrator Augusto Fantozzi, appointed to this post after the announcement of a financial inconsistency of an air […]

Net profit of Nestle has grown up to € 3,2 billion

14 August 2008

Net profit of the food stuffs Swiss manufacturer Nestle S.A. has grown on 6,1 % - up to 5,21 billion Swiss francs (3,2 billion euro) in comparison with 4,92 billion Swiss francs (3,02 billion euro), received for the similar period year earlier. Such information has been given in the report of the company, published on […]

Nokia has finished purchase of Navteq for 8,1 billion dollars

26 July 2008

The Finnish cellular telephones Nokia manufacturer has finished the transaction on purchase of American cartographical company Navteq. As it is informed in the press release of the American company, cost of the transaction has made 8,1 billion dollars
The transaction between Nokia and Navteq has been declared on October, 1st, 2007. Nokia has paid 78 dollars […]

Bank Societe Generale is fined

12 July 2008

The bank commission of France (the central bank regulator of the country) has fined bank Societe Generale on 4 million euro for infringements which have led to swindle of the former trader Jérôme Kerviel.
The regulator specifies, that in internal monitoring systems behind transactions Societe Generale “rough lacks”, which as a result cost have been revealed […]

Chrysler closes a factory on minivans production

2 July 2008

American auto concern Chrysler LLC for uncertain term closes a minivans factory in Saint Louis, located in state of Missouri. One more factory in Saint Louis, on which Chrysler makes pickups, reduces the manufacture due to transition with two-shift to the one-replaceable schedule.
Changes will come into force in the autumn of this year and will […]

InBev will buy Anheuser Busch for 46 billion dollars

12 June 2008

Brewing company Anheuser Busch has received the offer on purchase of Belgian brewing company InBev. The Total sum of the transaction is estimated in 46 billion dollars
As it is informed in press release of Anheuser Busch, InBev has offered 65 dollars for each Anheuser Busch’s share. It is informed, that the transaction will be carried […]

United Airlines and US Airways have postponed merge

31 May 2008

The chapters of United Airlines and US Airways Glenn Tilton and Douglas Parker have officially postponed plans on creation of the incorporated world’s largest airline, having declared, that merge will not occur “this time”.
The application has been made after a meeting of heads of both companies.
Earlier Chicago United Airlines and US Airways considered an opportunity […]

Eurocommission has startted investigation against Gaz de France

22 May 2008

European Commission has begun detailed check of activity of French state power company Gaz de France for conformity to the antimonopoly law. It is spoken in widespread today, on May, 22nd, message of Eurocommission.
According to the Commission’s application, the degree of domination Gaz de France in the power market of France causes serious concern. Check […]

Microsoft can start hostile merge with Yahoo already today

3 May 2008

World software manufacturer Microsoft Corp. can already today make the direct offer on merge to shareholders Yahoo Inc.
According to the sources close to the software giant, Microsoft can start hostile absorption and it is going to appeal directly to Yahoo shareholders with the offer on merge. It can already occur today though the source has […]

Mars is going to buy Wrigley for more than for $22 billion

28 April 2008

On informal data, American corporation Mars Inc. together with investment company Berkshire Hathaway Inc. is measured to get the world leader in the field of manufacture of chewing elastic band Wm. Wrigley Jr. Co.
The sum of the transaction, which can be declared already today, on April, 28th, will make more than 22 billion dollars, that […]

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