United Arab Emirates-based airline Etihad and Italy-based Alitalia have confirmed a deal that sees Etihad acquiring a 49 percent stake in the Italian firm, a move intended to aid the struggling European airline.
According to reports, the companies announced intentions to finalize the deal in the coming days, though they will …read more
The European Commission announced Wednesday it plans to examine Apple’s $3 billion acquisition of Beats Music to review potential competition concerns, reports say.
The authority set a deadline of July 30 to rule on the transaction. According to reports, regulators are concerned over the market strength of both Apple and Beats, …read more
The Competition Commission of India has reportedly dismissed a complaint against medical equipment maker Wipro GE, filed by a medical practitioner accusing the company of abusing its market dominance.
According to reports, the practitioner claimed Wipro sold substandard CT Scan equipment and that Wipro charged unfair costs for repairs and spare …read more
Vodafone is set to win unconditional approval by the European Commission for its $9.79 billion acquisition of Spain’s largest cable operator Ono, reports say.
Three unnamed sources said Wednesday that UK-based Vodafone will not likely be forced to divest assets as part of the agreement. The move is part of Vodafone’s …read more