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China e-commerce firm Alibaba in privatization bid

(AP) -- Alibaba.com's parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo ...

Zynga holders plan to sell up to $400M in stock

Zynga shareholders may sell up to $400 million of stock through a public offering, three months after the online game maker went public, to try to avoid a drop in its stock price.

HSBC to pay $1.9B to settle money-laundering case

(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe.

Permira buys Ancestry.com for $1.6 bn

European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.

Morgan Stanley fined $5 mn over Facebook IPO

Morgan Stanley agreed Monday to pay a $5 million fine to settle charges that it improperly handled crucial information on Facebook's earnings ahead of the company's disastrous IPO.

Renault targeted in new 'dieselgate' scandal

A year and a half after Volkswagen's "dieselgate" erupted, Paris prosecutors are probing Renault over possible "cheating" in diesel emissions, sending the carmaker's shares sliding on the stock exchange.

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