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TOKYO, June 18- New York- based hedge fund company Third Point said it had raised its stake in Japan's Sony Corp and asked for an opportunity to present its proposal to Sony's board for a partial spin-off of the company's entertainment unit.
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NEW YORK, April 12- When big dollars are at stake in a divorce settlement- a situation faced by billionaire oilman Harold Hamm after his headline-grabbing breakup- the litigation tends to drag on for months, if not years.
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*JAB aims to close gap on coffee leaders Nestle, Mondelez. AMSTERDAM, April 12- German investor Joh A Benckiser is to buy the owner of Douwe Egberts coffee in a 7.5- billion-euro deal to create a global hot drinks empire aimed at taking on market leaders Nestle and Mondelez.
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AMSTERDAM, April 12- German investor Joh A Benckiser is to buy the owner of Douwe Egberts coffee in 7.5- billion-euro deal to bolster its position in a hot drinks industry driven by innovation and emerging market growth.
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*Deutsche Tel sweetens T-Mobile USA deal for MetroPCS. The German group's T-Mobile USA unit lacks the critical mass to take on bigger U.S. rivals Verizon, AT&T and Sprint and has been losing market share.
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AMSTERDAM, April 11- German investor Joh A Benckiser is close to making a formal bid for D.E Master Blenders 1753, owner of Douwe Egberts coffee, a source close to the situation said on Thursday, in a deal valuing the Dutch firm at about 7.6 billion euros. It could make its offer of around 12.75 euros per share before the weekend, the source said.
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AMSTERDAM, April 11- German investor Joh A Benckiser is close to making a formal bid for D.E Master Blenders 1753, owner of Douwe Egberts coffee and Pickwick tea, a source close to the situation said on Thursday, and the offer would value the Dutch firm at about 7.6 billion euros.
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*Deutsche Tel sweetens T-Mobile USA deal for MetroPCS. FRANKFURT/ NEW YORK, April 11- Sweetening the terms of a U.S. merger not only improves Deutsche Telekom's chances of getting a deal done, but may also pave the way for what some investors and bankers think it really wants- to reduce its exposure to a highly-competitive market.
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*Africa has glut of humanities, social science graduates. DAKAR, April 11- Abdoul Aziz Tamba is in his final year of an English course at Senegal's Cheikh Anta Diop University, but he has little hope of finding employment after three years of study.
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The gusher of cash from the Fed explains why prices for everything from 1950s Ferraris to Brazilian farmland to old U.S. stamps are surging.
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LONDON, April 11- Israeli billionaire Beny Steinmetz is suing his former London- based business advisers and a British ex-minister in a battle over Guinea's mineral wealth. Steinmetz and BSGR accuse their own former communications and business advisory firm, FTI Consulting, of breaching its contract with BSGR by colluding with Soros in the alleged campaign.
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The companies include India's Bharti Airtel Ltd, China Mobile, Japan's KDDI Corp, Africa's MTN, Singapore Telecommunications Ltd, Norway's Telenor SA and Digicel, a group backed by billionaire George Soros. China Mobile has teamed up with Vodafone, while France Telecom-Orange is working with Marubeni, and Africa's MTN with M1 Telecom and Amara Communications.
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LONDON, April 11- Israeli billionaire Beny Steinmetz is suing his former London- based business advisers and a British ex-minister in a battle over Guinea's mineral wealth. Steinmetz and BSGR accuse their own former communications and business advisory firm, FTI Consulting, of breaching its contract with BSGR by colluding with Soros in the alleged campaign.
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Raul Moreno, IBillionaire co-founder, explains how his app can help people invest like Warren Buffett or Carl Icahn.
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April 10- Ora.TV, the fledgling online digital TV network backed by Mexican billionaire Carlos Slim, has acquired television production company Stick Figure Productions in order to expand its content. The show can been viewed through Ora.TV or on Hulu, the online video streaming service controlled by News Corp and Walt Disney.
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MUMBAI, April 10- Often described in media reports as a billionaire, the boss of India's unlisted Sahara conglomerate said on Wednesday he had assets totalling roughly 50 million rupees.
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Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.
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HONG KONG, April 10- Cash-strapped Chinese solar panel maker Suntech Power Holdings Co Ltd is seeking to sell some assets and bring in a strategic investor to repay debt and revitalise the company, a person with direct knowledge of the matter told Reuters on Wednesday.
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TOKYO, April 10- Japanese billionaire Kazuo Okada and his companies are being investigated in the United States for potential violations of anti-bribery laws in relation to a $2 billion casino project in the Philippines, according to a court filing.
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RIO DE JANEIRO, April 9- Petrobras, Brazil's state-controlled oil company, is considering partnerships with billionaire Eike Batista's EBX Group in ports and other services, Petrobras CEO Maria das Graças Foster said on Tuesday.
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