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Diligent buys BoardLink from Thomson Reuters for US$10M
2015-10-20 00:14:42| IT Services - Topix.net
Diligent Corp, the governance app developer, has acquired BoardLink from financial services firm Thomson Reuters for US$10 million in cash to widen its portfolio of products aimed at company directors. Similar to Diligent's BoardBooks product, BoardLink is a software-as-a-service board management application which operates on an annual subscription model, the New York-based, NZX-listed company said in a statement.
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Brookshire's exploring a sale, Reuters says
2015-10-15 03:25:09| Grocery - Topix.net
Brookshire Grocery Company is exploring a sale that could value the family-owned operator of supermarket stores in Texas, Louisiana and Arkansas at as much as $1 billion, including debt, according to people familiar with the matter. The move underscores a trend toward consolidation in the fragmented U.S. supermarket sector, as companies respond to low profit margins by seeking economies of scale through acquisitions.
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Supermarket chain Albertsons hopes to raise $1.7 billion in IPO: Reuters
2015-10-05 17:55:58| Grocery - Topix.net
Albertsons Cos Inc [ABS.N], the No.2 U.S. grocery chain, said it hoped its initial public offering would raise $1.7 billion, an ambitious target at a time of intensifying industry competition and uncertainty in global capital markets. The determination of Albertsons' majority owner, private equity firm Cerberus Capital Management LP , to carry out the IPO despite market volatility underscores confidence that it can fetch a high valuation.
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China Mobile is expanding its 4G and broadband networks across mainland China. Photo: Reuters
2015-08-24 09:18:40| Telecom - Topix.net
China Mobile, the world's largest wireless network operator by subscribers, has named a new chairman amid the company's efforts to further expand its 4G network and bolster its fixed-line broadband operations. Shang Bing, a vice-minister at regulator the Ministry of Industry and Information Technology , has replaced Xi Guohua as head of China Mobile, the company said in a statement.
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China Mobile is expanding its 4G and broadband networks across mainland China. Photo: Reuters
2015-08-24 08:43:08| Wireless - Topix.net
China Mobile, the world's largest wireless network operator by subscribers, has named a new chairman amid the company's efforts to further expand its 4G network and bolster its fixed-line broadband operations. Shang Bing, a vice-minister at regulator the Ministry of Industry and Information Technology , has replaced Xi Guohua as head of China Mobile, the company said in a statement.
Tags: photo
china
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