FRANKFURT/LONDON – German engineering group Siemens is in advanced talks to sell its hearing-aids business for more than 2 billion euros ($2.5 billion), with private equity firm EQT the frontrunner, two people familiar with the matter said
SHANGHAI – State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signaling China’s growing export ambitions for such technology after building the world’s longest network in just seven years.
LONDON – British insurer Standard Life and Industrial and Commercial Bank of China (ICBC) said on Wednesday they had agreed to look at developing savings and investment services together.
TOKYO – SoftBank Corp announced Wednesday it will lead a $100 million investment round in Indonesian ecommerce giant PT Tokopedia, the Japanese mobile carrier’s third investment overseas under Vice Chairman Nikesh Arora.
JERUSALEM – Sony Pictures Television agreed to buy 50 percent stakes in two Israeli telenovela cable TV channels from Dori Media Group, the companies said on Tuesday.