Daily Management Review
Business & Finance

CPU Doesn’t Match De La Rue’s Agenda

De La Rue sells its CPU after facing a loss in trading. The “Cash Processing Solutions” division of De La Rue has been sold to Privet Capital. The said transaction was completed with an amount of “£3.6m”, while there are scopes that if the division performs well, then the amount could jump up to...

Tata Steel UK On Its Assets Bid

The two key bidders of Tata Steel UK takeover deal are open to work in collaboration. On Tuesday, the 24th May 2016, the companies who had taken interest in purchasing the assets of Tata UK Steel had not submitted their bids to the “Indian conglomerate”.   According to the media reports, it...

Chinese investor wants to buy developer of Clash of Clans

The success of Finnish Supercell, responsible for development of such well-known mobile games as Clash of Clans and Clash Royale, is haunted by investors worldwide. Now, Chinese Tencent wants to buy a controlling stake in Supercell out from the current owner - Japanese SoftBank. An anonymous source...

ECB Rules Show Bayer can get Financing from the Central Bank for Monsanto Bid

Based on the terms of the ECB's bond-buying program, Bayer could have a second chance and could receive financing from the European Central Bank that would help to fund a takeover of Monsanto.   While saying that it was open to negotiations, Bayer's $62 billion bid for acquisition of the...

Investment in tech innovation and a personal apologise: Volkswagen attemps to wash 'Dieselgate' away

Volkswagen has more than doubled funding Gett, investing $ 300 million in the company. According to Business Insider, VW intends thereby to go beyond the "Dieselgate" and to focus on new technologies. German automotive concern Volkswagen has invested $ 300 million in online taxi service Gett,...

IT Services Unit of HP to Merge with Computer Sciences

With the aim of allowing the company to focus on its cloud services business and other fast-growing units, the struggling IT services business of Hewlett Packard Enterprise Co would be spinned off and would be merged with Computer Sciences Corp, HP said in a recent announcement.   Following...

Swift developed a plan to combat cybercrime

SWIFT interbank payments system is planning to launch a new safety program after a series of thefts in the system. The new plan to combat cyber threats was presented by SWIFT’s Head Gottfried Leibbrandt on financial services conference in Brussels, reports Financial Times. SWIFT wants banks to...

Bombardier: business jet market will rise by 2025

Today, one of the leaders of the world business aviation market, Canadian Bombardier, has released a ten-year forecast. The document says that up to 2025, the market will require more than 8 thousand new business jets worth a total of $ 250 billion. The largest market will be North America,...

Merger of Health Insurers Anthem, Cigna raises Doubts as it is Reviewed by Regulators

As news of management squabbles added to concerns over the proposed merger being review by antitrust regulators, growing doubts were expressed by Wall Street analysts about the pending $54 billion merger of U.S. health insurers Anthem Inc and Cigna Corp on Monday.   The shares of both the...

French insurer Axa publicly refused its tobacco assets

One of the world's largest insurance companies - French Axa - announced its intention to sell all of its shares and bonds of tobacco companies totaling € 1.7 billion, thus fully stop investing in the tobacco industry. This should please the fighters with tobacco companies. Just now, the tobacco...
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