U.S. utility owner Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery Co. for $9.45 billion, topping a bid by Warren Buffett's Berkshire Hathaway Inc. just last month.
BEIJING/SHANGHAI (Reuters) - China's Great Wall Motor Co Ltd (601633.SS) is interested in bidding for Fiat Chrysler Automobiles (FCA) (FCHA.
The similarities are hard to miss. Last October, the 79-year-old Ratan Tata staged a coup to oust his successor Cyrus Mistry, 49, as chairman of the $100 billion conglomerate that bears his family's name.
Generally speaking, investors want a precise assessment of what the companies they invest in are worth. Valuation is both art and science, of course, as there's never a guarantee that a company will perform better in the future than it has in the past.
Volkswagen AG (NASDAQOTH: VLKAY) executives confirmed this weekend that the company will put a version of the "I.D. Buzz" show car -- a futuristic all-electric take on VW's iconic Microbus -- into full mass production.