Carl Icahn ends takeover battle for PC maker Dell (Update)

Billionaire investor Carl Icahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker's founder Michael Dell.

Vodafone in talks to sell Verizon Wireless stake (Update 2)

Britain's Vodafone PLC, one of the world's largest cellphone companies, said Thursday that it was talking to Verizon Communications about selling its stake in Verizon Wireless, the No. 1 mobile carrier in the U.S.

Carlos Slim in $9.6BN bid for Dutch telecom KPN

America Movil SAB, owned by Mexican billionaire Carlos Slim, will launch a 7.2 billion euro ($9.6 billion) bid for the part of Dutch telecom company Royal KPN NV it doesn't already own, in a challenge to a rival offer for ...

Vodafone launches bid for Kabel Deutschland

Britain's Vodafone PLC has launched a takeover bid for Germany's biggest cable operator, Kabel Deutschland, as part of its push to dominate media services in its biggest market.

S. Korea's Hynix bids for Japan's Elpida

SK Hynix, the world's second largest microchip maker, said Friday it has submitted a preliminary bid for its struggling Japanese rival Elpida Memory.

China's Alibaba raising $3bn for Yahoo! stake: report

Chinese online commerce giant Alibaba plans to borrow $3 billion to buy back the stake Yahoo! owns in the company, a report said Thursday, as the struggling US Internet firm overhauls its Asia holdings.

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