Gulf Times - merger
Qatargas-RasGas merger creates state-owned global gas giant

Qatargas-RasGas merger creates state-owned global gas giant

The merger of Qatargas and RasGas will save the country QR2bn in operating costs annually, Qatar Petroleum president and CEO, Saad Sherida al-Kaabi said. The new entity, which is called Qatargas, started operations on January 1.

Disney to buy 21st Century Fox assets for $52.4 bn

Disney to buy 21st Century Fox assets for $52.4 bn

By purchasing Rupert Murdoch's 21st Century Fox empire, Disney will become the single largest shareholder in Sky -- the pan-European satellite television broadcaster of live English Premier League football.

Apple to buy song recognition app Shazam

Apple to buy song recognition app Shazam

Apple said Monday that it would buy leading song recognition app Shazam in a fresh bid to secure an edge in the intensifying battle of streaming services.

Lutfhansa plans 1-bn-euro spending spree on planes

Lutfhansa plans 1-bn-euro spending spree on planes

Germany's largest airline Lufthansa said Tuesday it would push ‘rapid growth’ at low-cost subsidiary Eurowings by spending 1.0 billion euros ($1.2 billion) on acquiring more planes ...

France's Total to buy Maersk Oil for $7.45 billion

France's Total to buy Maersk Oil for $7.45 billion

French oil giant Total said Monday that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros).

EU fines Facebook 110 mn euros over 'misleading' info in WhatsApp takeover

EU fines Facebook 110 mn euros over 'misleading' info in WhatsApp takeover

The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.

Vodafone India and Idea Cellular announce merger

Vodafone India and Idea Cellular announce merger

British mobile phone giant Vodafone's Indian unit will merge with Idea Cellular to create India's largest telecoms operator, the firms said on Monday, as they combine to fight the rise of Reliance Jio.

Merkel 'positive' about Peugeot's Opel takeover

Merkel 'positive' about Peugeot's Opel takeover

Chancellor Angela Merkel backs carmaker PSA's planned acquisition of General Motors subsidiary Opel, her spokesman said Wednesday, after talks between the German leader and the French group's boss.

Qatar to merge LNG producers Qatargas, RasGas

Qatar to merge LNG producers Qatargas, RasGas

Qatar will merge state-owned liquefied natural gas producers Qatargas and RasGas Co Ltd, the chief executive of Qatar Petroleum (QP) said on Sunday.

Four lawsuits challenge Tesla-Solar City merger

Four lawsuits challenge Tesla-Solar City merger

Luxury electric car maker Tesla reported Monday that four lawsuits have been lodged seeking to block its merger with troubled solar panel installer Solar City.

Gas group Linde confirms 'preliminary' merger talks with Praxair

Gas group Linde confirms 'preliminary' merger talks with Praxair

German industrial gas supplier Linde confirmed Tuesday reports that it was "in preliminary discussions about a possible merger" with its US competitor Praxair.

Comcast in talks to acquire Dreamworks for $3 bn

Comcast in talks to acquire Dreamworks for $3 bn

US cable operator Comcast is in talks to acquire ‘Shrek’ and ‘Kung Fu Panda’ studio DreamWorks Animation for more than $3 billion, The Wall Street Journal reported ...