Company News

BSkyB’s takeover plan for Sky Deutschland understates the firm: Crispin Odey

Hedge fund manager Crispin Odey has argued that British pay-TV firm British Sky Broadcasting's (BSkyB's) plan to takeover Sky Deutschland significantly "understates" the value of the German company.

Egos partly responsible for collapse of Omnicom-Publicis merger deal

Advertising firms Omnicom Group Inc and Publicis Groupe SA recently called off their planned merger, prompting many market watchers to say that it was a merger egos and not a merger of equals, as the two firms had claimed at time of announcement of the deal in July last year.

Alibaba founders to enjoy greater control after planned IPO

E-commerce firm Alibaba's planned initial public offering (IPO) will limit Japan-based Softbank's voting rights, while the firm's founders will enjoy a greater control.

Dixons and Carphone Warehouse poised to announce merger: report

Dixons Retail and Carphone Warehouse are reportedly all set to sign a merger agreement that would create one of UK's biggest high street groups.

Citing anonymous sources, Sky News has reported that Dixons and Carphone would likely make a statement outlining concrete details of their merger before a Takeover Panel cut-off date of May 19.

Direct Line reports smaller-than-expected claims bill

British home insurer Direct Line Group reported a smaller-than-expected bill for the country's severe winter severe weather, with claims remaining well below analysts' average projection.

Angela Ahrendts becomes first person to head Apple’s Retail & Online Stores

Former fashion house Burberry chief Angela Ahrendts has finally started working at Cupertino, Calif.-based tech giant Apple Inc as the head of Retail as well as Online Stores businesses.