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UPDATE 1-Blackstone, GIC nearing Kronos minority stake deal - sources

2014-02-20 07:35:01| Chemicals - Topix.net

Private equity firm Blackstone Group LP and Singapore sovereign wealth fund GIC are in advanced talks to buy minority stakes in Kronos Inc that could value the human resources software company at around $4.5 billion, including debt, three people familiar with the matter said.

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Air France-KLM gains Brazil foothold with $100 million Gol deal

2014-02-20 05:07:45| Airlines - Topix.net

Under terms of the transaction, Air France-KLM will buy $52 million of Gol preferred shares at $12.23 each, Gol said in a securities filing on Wednesday.

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Facebook Buys WhatsApp in $16B Deal

2014-02-20 02:34:41| PC Magazine Software Product Guide

Facebook today confirmed that it will shell out $16 billion for messaging app WhatsApp.

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US: Beam Inc shareholders to vote on Suntory deal next month

2014-02-20 01:54:00| Daily beverage news and comment - from just-drinks.com

Beam Inc will hold a "special" meeting of its shareholders next month for a vote on Suntory's planned takeover of the US-based sprits group, but the US$16bn deal is expected to be finalised by April.

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VIDEO: Peugeot signs Dongfeng rescue deal

2014-02-20 01:36:53| BBC News | Business | UK Edition

French carmaker PSA Peugeot Citroen seals a long-awaited rescue deal that will see its founding family cede control of the company.

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