Tencent is China’s second-biggest internet company, recently stripped of its number one spot by Alibaba. It’s also one of the country’s most active venture capitalists. While Alibaba made headlines with massive investments into big established companies, Tencent got down and dirty with early stage investments into nascent startups.
Tags » Acquisition
Telstra has confirmed it is in talks to buy the company that owns the world’s largest private submarine cable network, Pacnet. If successful, Telstra would take control of some 46,000 kms of undersea cable stretching between Asia and the United States. 35 more words
TORONTO, Dec. 18, 2014 (Canada NewsWire via COMTEX) Acquisition will be made by Grupo Bimbo s subsidiary Canada Bread Grupo Bimbo S.A.B. de C.V. ( Grupo Bimbo or the Company ) (BMV: BIMBO) today announced that its subsidiary Canada Bread Company, Limited ( Canada Bread ) has reached an agreement to acquire the total shares outstanding of Saputo Bakery Inc., a subsidiary of Saputo Inc., for an aggregate cash price of CAD$120 million. 87 more words
Grupo Bimbo S.A.B. de C.V. (BMV: BIMBO) today announced that its subsidiary Canada Bread Company, Limited has reached an agreement to acquire the total shares outstanding of Saputo Bakery Inc., a subsidiary of Saputo Inc., for an aggregate cash price of CAD$120 million.
French telecom tycoon Xavier Niel may have seen his offers for T-Mobile US rebuffed, but it looks like he’s going to get his hands on a mobile carrier after all. 234 more words
My strategy professor from business school once said that if you left your company’s strategic plan on the bus and a competitor discovered it…and you were then screwed, it was a bad strategic plan. 293 more words