Airtel to sell 2 African operations to Orange

Business Standard | 22/01/2016

Business Standard French telecom major Orange has signed a deal with Bharti Airtel International (Netherlands) BV for acquiring its operations in two African countries, Burkina Faso and Sierra Leone. Orange will acquire all the two companies’ share capital. The consolidated yearly revenue of the two is about 275 million, according to a statement from Bharti […]

Aeroports de Paris leads bids for 20% stake in Vietnam airports firm

Reuters | 22/01/2016

Reuters France’s Aeroports de Paris SA has emerged as the front-runner to buy a 20 percent stake in Airports Corp of Vietnam (ACV), after an official confirmed Changi Airport International had failed at the application stage. ACV, valued at $1.2 billion, is one of Vietnam’s largest state-owned enterprises (SOEs) and operates most of the country’s […]

Unilever Returns To Cuba

Forbes | 22/01/2016

Forbes Unilever NV just announced that it today obtained approval from the Cuban government for the creation of a joint venture, Unilever-Suchel S.A., in the Mariel Special Development Zone (Cuba). Unilever will invest $35 million in the venture. Dutch Minister for Foreign Trade and Development Cooperation Lilianne Ploumen had announced last week that she hoped […]

AOL Teams Up to Fight Facebook’s ‘Walled Garden’

Fortune | 22/01/2016

Fortune Many publishers have reluctantly accepted the fact that social media is the new distribution channel for content. Others, like BuzzFeed, have fully embraced it by launching entire publications that exist solely on Facebook. But others are wary to give up control over the distribution of their content. In their parlance, they want to “own […]

G.E. to Sell Appliance Division to Haier for $5.4 Billion

New York Times | 22/01/2016

New York Times General Electric said on Friday that it had agreed to sell its appliances business to Qingdao Haier of China for $5.4 billion in cash. The deal includes the stake of 48.4 percent that G.E. Appliances owns in Mabe, a Mexican appliances company. The Chinese appliances company, which had revenue of about $32.6 […]

Uber to partner with Airbus for on-demand copter rides

CNBC | 22/01/2016

CNBC Uber has found an unlikely partner for its on-demand services in Airbus, the company announced on Sunday, with the aerospace giant providing helicopters for a pilot project. As part of a new Silicon Valley-based initiative, Airbus has established a partnership with Uber was part of an experiment that would allow Uber users to hail […]

BNPP IP and Orion Partners enter into strategic partnership

Asia Asset | 14/01/2016

Asia Asset BNP Paribas’s asset management arm BNP Paribas Investment Partners (BNPP IP) has announced a strategic partnership with independent alternative investment firm Orion Partners LP (Orion Partners). Click here to read full article. About Wiserlinks.

Sanofi seals double oncology research deals

Pharmafile | 14/01/2016

Pharmafile Sanofi has signed two separate research agreements for €1.2 billion, which will give the French firm licensing rights to potential new oncology therapies, antibodies and other drugs. Click here to read full article. About Wiserlinks.

Premier Oil to buy E.ON’s UK North Sea assets for $120 million

Reuters | 14/01/2016

Reuters London-listed exploration and production firm Premier Oil (PMO.L) has agreed to buy German utility E.ON’s (EONGn.DE) UK North Sea oil and gas assets for $120 million (83.09 million pound), the companies said on Wednesday. Click here to read full article. About Wiserlinks.

Nestle signs $120 million deal with Seres for ‘healthy gut’ drugs