Luxembourg's Millicom broke off talks to be acquired by China Mobile after the two couldn''t agree on a price
Media Release
Jul. 4, 2006

Luxembourg's Millicom broke off talks to be acquired by China Mobile after the two couldn''t agree on a price. The deal, expected to be valued at more than $5 billion, would have been the biggest foreign acquisition by a Chinese company.

Luxembourg's Millicom broke off talks to be acquired by China Mobile after the two couldn't agree on a price
Media Release
Luxembourg's Millicom broke off talks to be acquired by China Mobile after the two couldn't agree on a price. The deal, expected to be valued at more than $5 billion, would have been the biggest foreign acquisition by a Chinese company.
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GM's June sales fell 26% from year-earlier levels
Media Release
GM's June sales fell 26% from year-earlier levels pumped up by heavy discounting. Ford and Chrysler also posted declines amid continued pressure from high gasoline prices and foreign rivals. Toyota's vehicle sales jumped 14%.
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Shares in Japan Airlines fell as much as 7 per cent
Media Release
Shares in Japan Airlines fell as much as 7 per cent on Monday as investors sold the stock on concerns their holdings would be heavily diluted after the carrier announced a share issue equal to nearly 40 per cent of outstanding stock.
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The European Union’s $325bn hedge fund industry should be free to offer its services across different member states : EU
Media Release
The European Union’s $325bn hedge fund industry should be free to offer its services across different member states and face fewer obstacles when marketing its products to investors, according to a report released by the European Commission on Tuesday.
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The new Franco-German executive team at EADS on Monday pledged to overcome the national differences
Media Release
The new Franco-German executive team at EADS on Monday pledged to overcome the national differences that have divided the aerospace group as fears mounted of another profit warning due to problems on the A380 superjumbo project.
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BAE Systems suffered a blow to US expansion plans
Media Release
BAE Systems suffered a blow to US expansion plans on Sunday night when an independent assessor determined that its 20 per cent stake in Airbus was worth less than expected.
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Both Nissan Motor and Renault ready for GM
Media Release
Both Nissan Motor and Renault on Monday said they were prepared to discuss with General Motors an industry-transforming deal to bring the US carmaker into their alliance.
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The end of the Bank of Japan’s six-year, zero-interest-rate policy appears imminent
Media Release
The end of the Bank of Japan’s six-year, zero-interest-rate policy appears imminent after its Tankan survey ...
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European leaders provide trade liberalisation deal to Putin to free up Russian energy market
Media Release
European leaders on Monday dangled a wide-ranging trade liberalisation deal before Vladimir Putin in a fresh attempt to persuade the Russian president to free up his country’s energy market.
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