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Capgemini Agrees to Pay $4 Billion for Apax-Backed Igate in IT Services Deal
2015-04-28 03:50:16| IT Services - Topix.net
The deal values Igate at an enterprise value of about $4.53 billion, including debt of $686 million and cash on hand of $192 million at the end of 2014. Based on that enterprise value, Capgemini is paying about 15.5 times Igate's earnings of $292 million for 2014 and just under 3.6 times its sales of $1.27 billion.
Trina Solar signs deal to build solar project in Hefei Xinzhan General Pilot Zone of China
2015-04-28 01:00:00| Power Technology
Solar PV manufacturer Trina Solar has signed a strategic cooperation framework agreement with the Administrative Committee of the Hefei Xinzhan General Pilot Zone to set up distributed generation (DG) solar power and related projects of up to 300MW
Tags: general
china
project
build
Comcast-Time Warner: Deal or No Deal?
2015-04-28 00:14:52| Telecom - Topix.net
No deal. Comcast will not merge with Time Warner Cable. It seems that all the work toward a $45 million merger is down the drain.
Tags: deal
warner
warner deal
deal warner
Oklahoma City-based LSB reaches deal to end shareholder fight
2015-04-27 19:00:13| Chemicals - Topix.net
Oklahoma City-based LSB Industries Inc. has staved off a proxy fight with activist investor Starboard Value L.P. by agreeing to split its climate control and chemical businesses and expand its board of directors, among other concessions.
A year later, Microsoft's Nokia deal isn't a clear winner
2015-04-27 13:40:36| Wireless - Topix.net
Nokia interim CEO Risto Siilasmaa and Microsoft CEO Steve Ballmer announce Microsoft's plan to acquire Nokia's mobile devices business at a news conference in Espoo, Finland It was a marriage of convenience for two industry giants whose past successes weren't helping them win in the red-hot smartphone market. One year later, it's hard to say that Microsoft's acquisition of Nokia's device business has produced the results its backers envisioned.
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