Shareholders back Samsung's key $8 billion merger plan in close vote

Last Updated: Friday, July 17, 2015, 10:25

Samsung C&T Corp shareholders on Friday approved an $8 billion takeover offer from sister firm Cheil Industries Inc.

South Korea court ruling keeps $8 bn Samsung merger bid on track

Last Updated: Wednesday, July 1, 2015, 12:50

A court on Wednesday rejected a U.S. hedge fund`s bid to block a shareholder vote on the planned $8 billion merger of two Samsung Group companies seen as a key step in the leadership succession at South Korea`s biggest family-run conglomerate.

Samsung's Cheil, pitching $8 bn merger, pledges higher returns

Last Updated: Tuesday, June 30, 2015, 13:04

Locked in a battle with an activist US hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.

GMR to buy additional 10 pc stake in Delhi airport for $79 mln

Last Updated: Wednesday, March 25, 2015, 17:38

Hiking its stake in Delhi International Airport to 64 percent, GMR Infrastructure will acquire an additional 10 percent equity for USD 79 million from Malaysia Airports Holdings Berhad (MAHB), which is exiting the venture.

Sotheby`s taps Madison Square Garden head as new CEO

Last Updated: Monday, March 16, 2015, 20:15

Sotheby`s Monday tapped the head of the Madison Square Garden Company as chief executive as it split up its chairman and CEO posts following shareholder criticism.

US judge approves HP shareholder deal over Autonomy acquisition

Last Updated: Saturday, March 14, 2015, 09:42

A US judge on Friday granted preliminary approval to Hewlett-Packard Co`s settlement of shareholder litigation involving the information technology company`s botched acquisition of Autonomy Plc.

Warhol sells 3.63% stake in ING Vysya Bank

Last Updated: Tuesday, January 13, 2015, 21:28

ING Vysya Bank shareholder Warhol Ltd on Tuesday sold its 3.63 percent stake in the private sector lender for an estimated Rs 674 crore.

Microsoft ex-CEO Ballmer, activist Jesse Jackson pep up annual meet

Last Updated: Thursday, December 4, 2014, 09:56

Former Microsoft Corp Chief Executive Steve Ballmer and civil rights activist Jesse Jackson livened up the technology company`s annual shareholder meeting on Wednesday, grabbing the spotlight from the current leaders on stage.

Samsung Elec CFO says cash reserve not excessive

Last Updated: Wednesday, November 6, 2013, 09:48

Samsung Electronics Co Ltd sought to reassure investors on Wednesday by promising to review its shareholder return policy every three years and continue heavy investment, as its share price sags despite record earnings.

BlackBerry hit with securities shareholder class action

Last Updated: Saturday, October 5, 2013, 09:33

A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by painting a misleadingly rosy picture of the business prospects of its BlackBerry 10 smartphone line.

BlackBerry loses $965 mn in 2nd quarter

Last Updated: Friday, September 27, 2013, 18:41

Canadian tech pioneer BlackBerry, which earlier this week agreed to a USD 4.7 billion buyout, said Friday that it lost USD 965 million in the second quarter.

Fairfax's Watsa confident BlackBerry bid will succeed

Last Updated: Thursday, September 26, 2013, 09:00

Fairfax Financial Holdings Ltd Chief Executive Prem Watsa said on Wednesday he is confident the consortium he leads can find the money to fund its USD 4.7 billion bid for smartphone maker BlackBerry Ltd.