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Ball Corp wins final EU clearance for Rexam buy
2016-06-21 13:05:48| Daily beverage news and comment - from just-drinks.com
Ball Corp's acquisition of drinks packaging rival Rexam has cleared another hurdle after the EU approved its sale of several metal beverage can assets.
Help to Buy Isa scheme 'helps lucky few'
2016-06-20 08:16:15| BBC News | Business | UK Edition
Would-be-homeowners in large parts of England are being priced out of a government scheme to help first-time buyers, a BBC investigation finds.
Revlon to buy Elizabeth Arden for $870m
2016-06-17 10:41:10| BBC News | Business | UK Edition
Cosmetics firm Revlon agrees to buy Elizabeth Arden, in a deal that will create a company with sales of about $3bn.
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arden
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Samsung agrees to buy US cloud provider Joyent
2016-06-16 08:39:00| Telecompaper Headlines
(Telecompaper) Samsung has announced an agreement to acquire Joyent, a US-based public and private cloud provider founded in 2004, for an undisclosed amount. In a statement, Samsung said the deal will give it access to its own cloud platform capable of supporting its range of mobile, Internet of Things and cloud-based software and services. Joyent will join Samsung's mobile communications business while continuing to operate as a standalone company and continuing to provide cloud infrastructure and software services to its customers. Leading Joyent executives including CEO Scott Hammond, CTO Bryan Cantrill and VP of Product Bill Fine will work on Samsung's company-wide cloud initiatives.
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Cavium to buy QLogic for USD 1 billion
2016-06-16 08:32:00| Telecompaper Headlines
(Telecompaper) Cavium has agreed to acquire QLogic for USD 1.36 billion. The agreed bid is worth USD 15.50 per share, comprised of USD 11.00 in cash and 0.098 of a share of Cavium stock for each share of QLogic. The gives QLogic an equity value of USD 1.36 billion, including the USD 355 million in cash it holds, and has been unanimously approved by the boards of directors of both companies. Cavium said the merger will create a "diversified pure-play infrastructure semiconductor leader", with QLogic bringing a leading portfolio of advanced connectivity and storage solutions alongside Cavium's range of networking, compute and security products. The companies will target the enterprise, cloud, data centre, storage, telco and networking markets and generate annual revenue of nearly USD 1 billion.
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