FRANKFURT - Volkswagen AG announced Wednesday it would buy a 19.9 percent stake in Japan's Suzuki Motor Corp. by January 2010, with Suzuki also acquiring a stake in the German auto giant. No financial details were released but a statement said that
Volkswagen is in talks to buy a stake in Japan’s Suzuki Motor in a deal that would create the world’s largest carmaking alliance.Osamu Suzuki, Suzuki’s chief executive, on Wednesday confirmed long-circulating rumours that that the groups were negoti
PARIS - French lottery group La Française des jeux is looking into buying Camelot which runs the country's National Lottery, it has been reported. Economic dailies Le Figaro Economique and Les Echos said FdJ had until early 2010 to make a bid, but
SecureWorks has acquired DNS Limited, a U.K.-based provider of security services. The acquisition, announced Tuesday, gives the Atlanta-based SecureWorks a foothold in Europe. DNS runs an operations center in Edinburgh and has offices in London. Sec
WINNIPEG, Manitoba - China's state-owned Sinograin will increase Canadian canola oil imports next year, the Canadian government said on Saturday after failing to secure broader access to the market for Canada's exports of the oilseed. Sinograin, wh
Former Real Madrid coach Bernd Schuster could be set to become the new owner of Xerez, according to a report in AS.Schuster had a successful two year spell in charge of the Andalusian outfit which ended in 2003 when he left before taking control of
SAN FRANCISCO - Pacific Gas and Electric Co. has signed a contract to buy and operate a wind-energy project that will produce enough electricity for about 100,000 California homes. The San Francisco-based utility said Thursday it signed the deal wit
Spyker, the Netherlands-based maker of supercars, confirmed it was in talks with General Motors about buying its Saab brand. This came as Merbanco, a Wyoming-based merchant bank leading a group of US investors bidding for Saab, said they had dropped
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