Market Chatter-Corporate finance press digest

Thu Jan 3, 2013 9:41am IST

Related Topics

Stocks

   

Jan 3 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Microsoft Corp bought start-up id8 Group R2 Studios Inc as it looks to expand further in technology focused on the home and entertainment, a person familiar with the situation said on Wednesday.

* Private-equity firm Rizvi Traverse Management LLC has closed a deal to buy a majority stake in music performance-rights company SESAC Inc for about $600 million, the Wall Street Journal reported, citing people familiar with the deal.

* Irish building material maker CRH Plc and Swiss cement and aggregates giant Holcim are in independent talks with the Shriram Group to purchase a controlling stake in Sree Jayajothi Cements, which owns a 3.2-million-tonne cement plant in Andhra Pradesh, signalling interest by overseas companies in the Indian cement market, the Economic Times reported citing a person with knowledge of the development. ()

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Retaining talent, reviving company

REUTERS SHOWCASE

Mars Mission

Mars Mission

India triumphs in maiden Mars mission  Full Article 

Asian Markets

Asian Markets

Asia stocks hit by Syria air strikes  Full Article 

Pharma Sector

Pharma Sector

India withdraws regulator's power to cap non-essential drug prices  Full Article 

New Plants

New Plants

Canadian auto parts maker Magna to open two new plants in Gujarat.  Full Article 

Reduced Package

Reduced Package

Oracle's Ellison got $67.3 million as CEO in 2014  Full Article 

Breaking Up

Breaking Up

Philips to split off lighting business, form separate company.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage