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Companies: Page 1845

ABB to buy solar company Power-One for $1 billion
ABB Power-OneMonday April 22, 2013 7:40AM ET
Power and automation technology group ABB will acquire a renewable energy company Power-One for $6.35 per share in cash or approximately $1 billion equity value.
FAA approves Boeing 787 battery design changes
BoeingMonday April 22, 2013 5:40AM ET
The Federal Aviation Administration (FAA) approved Boeing's design for modifications to the 787 battery system. This week the FAA will issue the directive that will allow the 787 to return to service.
Carlyle Group invests $460 million in Addison Lee
Addison LeeMonday April 22, 2013 5:05AM ET
Alternative asset manager The Carlyle Group has made a significant investment in Addison Lee, a provider of the transportation and private hire services in London and the South East of England.
Coca-Cola to made bottles from sugarcane
Coca-Cola ChinaMonday April 22, 2013 4:30AM ET
Coca-Cola has revealed plans to sell its drinks in "green" plastic bottles in China. The bottles are to be partially made from sugarcane waste.
Viacom lost $1 billion copyright lawsuit against YouTube
ViacomFriday April 19, 2013 8:57AM ET
Viacom lost the second lawsuit against YouTube in three years. Federal judge has dismissed $1 billion copyright lawsuit saying the online video site does not have to police itself.
GlaxoSmithKline accused over delay of generic versions of its drug
GlaxoSmithKlineFriday April 19, 2013 7:30AM ET
GlaxoSmithKline was accused by the UK competition watchdog of paying to companies to delay the launch of cheaper versions of its anti-depressant treatment.
Wilmar spreads to Africa via Cosumar
CosumarFriday April 19, 2013 6:55AM ET
Wilmar, Australia's largest cane milling company, has acquired from Societe Nationale d'Investissement (SNI) a 27.5% equity stake in Cosumar for $263 million (MAD2.3 billion) in cash.
Diageo, bottom up!
DiageoFriday April 19, 2013 5:34AM ET
Diageo, the world's biggest distiller, reported 5% organic and 6% net sales growth for the nine months ended 31 March 2013.
Aspen buys infant nutritional business from Nestle for $215 million
Aspen Group NestleFriday April 19, 2013 4:26AM ET
Aspen Group has signed the deal with Nestle S.A. under which Aspen will buy Nestle South Africa's infant nutritional business for $215 million.
Telstra wins $1.1 billion defense contract
TelstraFriday April 19, 2013 3:55AM ET
Telecommunications company Telstra and Australia's Defense Department signed a $1.1 billion contract for the provision of telecommunications services.
Twitter starts its music service
Twitter musicThursday April 18, 2013 9:03AM ET
Twitter will today start Twitter #music, a new service to detect and surface the most popular tracks and emerging artists.
Standard Chartered to buy Absa Bank's custody business in South African
Standard CharteredThursday April 18, 2013 8:31AM ET
Standard Chartered is expanding its presence in the South Africa: it will buy custody and trustee business of Absa Bank.

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