Tag Archives: acquisition
And it’s not the first time Lenovo has hinted of a takeover
Takeover speculation sent shares in handset maker BlackBerry 14 per cent higher on Nasdaq last night [11th March 2013], despite analysts pouring cold water on the rumours. The surge in BlackBerry’s stock price came after Yang Yuanqing, CEO of giant Chinese PC maker Lenovo, told a newspaper that his company could be interested in buying the troubled Canadian manufacturer at some point in the future. Continue reading
Vodafone is the latest telco to enter the frenzy of deal making, with rumours the operator might be mounting a bid for Germany’s biggest cable operator Kabel Deutschland.
Vodafone is thought to be in talks with the firm whose market cap soared to €8.9 billion yesterday [13th February 2013] after word that it might be bought sent its shares up almost nine per cent. Continue reading