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BHP sued by Potash Corp

BHP Billiton was sued on Wednesday by Potash Corp, which wants to block BHP’s hostile bid amounting $39bn to take over the fertilizer company from Canada. The basis of the…

IBM to Buy Netezza for $1.7 bn

International Business Machines Corp (IMB) has made an offer amounting $1.7 billion to purchase Netezza Corporation, a data analytics company. IMB’s intention is to enlarge its technology services business and…

UK BAE Systems Could Takeover L-1 Identity Solutions through a $300m Transaction

Transaction rumors have it that BAE Systems intends to purchase L-1 Identity Solutions for $300 million. If this transaction will take place, then it would make SAFRAN, the French state-controlled…