Gulf Times - Acquisition
With eye on China, Germany shields strategic firms against takeovers

With eye on China, Germany shields strategic firms against takeovers

Germany toughened rules Wednesday for non-EU share purchases or acquisitions of companies that are part of its critical infrastructure, amid growing disquiet about takeovers by Chinese firms.

Ethiopian Airlines in talks for stake in Eritrean Airlines

Ethiopian Airlines in talks for stake in Eritrean Airlines

The Ethiopian carrier's chief executive travelled to Asmara on Wednesday on the first commercial flight from Ethiopia to Eritrea in 20 years.

Trump blocks Broadcom's bid to buy Qualcomm

Trump blocks Broadcom's bid to buy Qualcomm

Donald Trump issued an order barring the proposed mega-acquisition, saying there is credible evidence such a deal "threatens to impair the national security of the United States," according to a White House statement.

Qatar Airways acquires 9.61% stake in Cathay Pacific

Qatar Airways acquires 9.61% stake in Cathay Pacific

Hong Kong's Kingboard Chemical Holdings said it had sold the stake to Qatar Airways for HK$5.16bn ($661mn), making the Middle Eastern carrier the third-largest shareholder in Cathay.

LinkedIn membership reaches half a billion

LinkedIn membership reaches half a billion

The professional social network LinkedIn said on Monday its membership had swelled to 500mn, as its user base showed steady growth following its acquisition last year by Microsoft.

Acquisition spree to continue, says Sunac

Acquisition spree to continue, says Sunac

Sunac China Holdings, which ranks among China’s most active real estate buyers this year, is in talks to acquire more ...