Goldman, Temasek Said to Invest in Shanda’s Cloudary

Goldman, Temasek Said to Invest in Shanda’s Cloudary

Jul 8, 2013 | News

Bloomberg 8 July 2013 Goldman Sachs Group Inc. (GS) and Temasek Holdings Pte agreed to buy a minority stake in China’s Cloudary Corp. at a 25 percent lower valuation than in a previous funding round, said two people with knowledge of the matter. The private placement...
Samsung buys Apple TV competitor Boxee for $30 million

Samsung buys Apple TV competitor Boxee for $30 million

Jul 7, 2013 | News

Apple Insider Samsung may be looking to take its rivalry with Apple to another level, as a new report has the South Korean tech giant buying streaming media startup Boxee in a move that will bring it into even more direct competition with the Apple TV. Boxee produces...
Diageo Takes Control of United Spirits to Tap Indian Market

Diageo Takes Control of United Spirits to Tap Indian Market

Jul 7, 2013 | News

Bloomberg 05 July 2013 Diageo Plc, the world’s biggest distiller, gained control of United Spirits Ltd. after completing the final stage of a transaction to acquire a stake in the Indian maker of Bagpiper whiskey. The London-based company bought a 14.98 percent stake...