FRANKFURT - Commerzbank of Germany has agreed to sell its British subsidiary Kleinwort Benson to investment group RHJ International for 225 million pounds , RHJ said in a statement. RHJ said it would pay cash for Kleinwort Benson in a deal that sho
Cisco Systems agreed on Tuesday to buy Starent Networks for $35 a share in cash, or about $2.9bn in cash, in the US network group’s second big move in as many weeks following its $3bn cash offer for Norway’s Tandberg. Both deals reaffirm Cisco’s wil
Ireland has cleared it, now the pressure is on the Czech Republic to finish ratification of the Lisbon Treaty. Czech Prime Minister Jan Fischer will be in Brussels this Wednesday for talks with senior EU officials. The Czech government is willing,
Emerson, the US engineering company, said on Tuesday it had agreed to acquire Avocent, which makes network equipment and software, in a $1.2bn deal intended to widen its services offerings.The all-cash deal is expected to close next January and at $
Xerox said on Monday that it would acquire Affiliated Computer Services, in a cash-and-share deal valued at $6.4bn that will allow the copier company to expand into the document services sector.The offer by Connecticut based-Xerox, which has been lo
Dell, the world’s second biggest PC maker, said on Monday that it would acquire Perot Systems, which provides computer services, in a $3.9bn cash deal.The acquisition values Perot Systems at $30 a share, a premium of nearly 68 per cent above its clo
The San Jose Earthquakes acquired defender Bobby Burling from Chivas USA on Friday in exchange for a third-round draft pick in the 2010 MLS SuperDraft.Burling is a three year pro who has started 23 matches for Chivas USA, but has yet to make his mar
F.C. Dallas is back in the signing mode. Earlier this week the Hoopsinked former Revolution defender/midfielder Daniel Hernandez and todaythe team announced the signing of U.S. international Heath Pearce viaallocation.The left back has had his strug
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