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Cypress and Spansion Complete $5 Billion All-Stock Merger
2015-03-18 11:31:10| Industrial Newsroom - All News for Today
Creates $2 Billion Global Leader in MCUs and Specialized Memories for Embedded Systems No. 1 in SRAMs, No. 1 in NOR flash and No. 3 in MCUs and Memories for the Automotive Market SAN JOSE, Calif. Cypress Semiconductor Corp. (NASDAQ: CY) and Spansion, Inc. (NYSE: CODE) today announced that they have closed the...
Tags: complete
billion
merger
cypress
Deals of the Day: Macerich Rejects Simon's Bid, Pinterest Valued at $11 Billion
2015-03-17 18:34:08| Electronics - Topix.net
Deals of the Day is your one-stop-shop for the morning's biggest news from the finance beat, including M&A, IPOs, banks, hedge funds and private equity. Here's what's happening today: Macerich rejects Simon Property's bid.
Jewelers in India Jump Online for $22 Billion E-Commerce Pie
2015-03-17 13:40:52| Automakers - Topix.net
Gitanjali Gems Ltd., India's biggest diamond and gold jewelry retailer, expects online sales to account for much as 20 percent of its sales in two to three years from about 1 percent now. The growth potential convinced Ratan Tata, former chairman of the Tata Group, to invest in Bangalore-based online jewelry store BlueStone last year.
Tags: online
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india
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Russia's Alfa Telecom bids $2.8 billion to double stake in Turkcell
2015-03-17 11:19:57| Telecom - Topix.net
Russia's Alfa Telecom offered $2.8 billion on Tuesday to buy back a 13.76 percent stake of Turkcell , a deal that would double its holding in Turkey's top mobile operator after a seven-year battle for control of the company. Alfa Telecom said in a statement it had offered $54.9 million per share for 51 of Turkcell's class-B shares, which are being held with Turkey's state-run Ziraat Bank [TCZIR.UL] as collateral for a loan.
Tags: double
billion
telecom
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Bendix Hits Billion Dollar Sales Mark
2015-03-17 07:06:10| Trucking - Topix.net
Bendix Commercial Vehicle Systems surpassed $1 billion in sales during 2014, marking a first for the company that supplies componetry and other products to the trucking industry. Since becoming part of Germany-based Knorr-Bremse Group in 2002, the supplier has grown sales by 151% and increased employment by 52%.
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