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Exclusive: EU set to clear unconditionally Marriott, Starwood deal – source

June 14, 2016 by · Leave a Comment 

U.S. hotel chain Marriott International is on track to win unconditional EU antitrust approval for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc , a person familiar with the matter said on Tuesday. The deal, currently worth $12.5 billion, will put Marriott's brands including the Ritz-Carlton and Starwood's Sheraton and Westin…

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Exclusive: EU set to clear unconditionally Marriott, Starwood deal – source

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AB InBev seeks to sell SABMiller’s Grolsch, Peroni brands

December 3, 2015 by · Leave a Comment 

By Philip Blenkinsop BRUSSELS (Reuters) – Anheuser-Busch InBev is looking to sell SABMiller's Grolsch and Peroni brands to address potential concerns among European competition regulators over its planned acquisition of the world's second largest brewer. The sale of the brands and their related businesses in Italy, the Netherlands and Britain would be conditional on AB InBev acquiring SABMiller in a cash and share offer currently worth some 72 billion pounds ($108 billion). AB InBev said on Thursday…

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AB InBev seeks to sell SABMiller’s Grolsch, Peroni brands

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Cyber Monday sales top $3 billion as discounts spur buyers

December 2, 2015 by · Leave a Comment 

Shopping through mobile devices soared on Cyber Monday, accounting for more than a quarter of the $3 billion in sales, but many online retailers struggled to get visitors using smartphones and tablets to shop as much as those using desktops. Bigger-than-expected discounts …

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Cyber Monday sales top $3 billion as discounts spur buyers

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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

December 2, 2015 by · Leave a Comment 

Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. The three private equity firms are vying for Dell's Quest Software, which helps with information technology management, as well as SonicWall, an…

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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

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Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation

December 2, 2015 by · Leave a Comment 

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Mark Zuckerberg will put 99 percent of his Facebook Inc shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the…

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Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation