eBay ups Korean stake
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In brief Mopping up the minorities
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A rally in semiconductor-related  stocks, including Advantest Corp., propelled Asian shares  higher on Monday as investors added to a U.S. buying spree and  turned optimistic on earnings prospects.
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Asian stocks rose on Monday, gaining 1 percent as Microsoft Corp's audaciousbid for Yahoo Inc and China's purchase of a largestake in takeover target Rio Tinto boosted optimism over share valuations.
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EBay looks set to complete the purchase of an online auction business in South Korea. On Thursday it filed a tender offer to acquire the remaining shares of Internet Auction (IAC) that it does not already own, in a deal valued at about $4m (Â£2.
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eBay (Quote, Chart) has acquired a popular online classifieds Web site in the Netherlands, the company said Wednesday. The San Jose, Calif.
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EBay Inc.  on Thursday said it will soon launch a tender offer to buy the remaining outstanding shares of South Korea's Internet Auction Co. Ltd. for about &#36;41.1 million in cash.
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DaimlerChrysler AG said Monday it has sold its 10.5 percent stake in South Korea's Hyundai Motor Co., a move it expects will raise more than &#36;900 million.
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HSBC Holdings PLC is in seeking to gain controlling interest in Korea First Bank, according to a published report. Free! Sign up here to receive our Midday Market Report e-Newsletter!
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EBay Inc. offered about &#36;530 million to buy the remainder of South Korean affiliate Internet Auction Co. Ltd. as it pushes deeper into Asia, saying key shareholders had accepted a 79 percent increase to an earlier offer.
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The internet auction house ups its stake in South Korea's Internet Auction, expanding into a country with the world's highest broadband penetration rate.
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Most Asian markets advanced Monday as Japanese stocks were lifted by gains in metal and machinery shares and Chinese and South Korean markets rose to new records.
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Global banking giant HSBC said Monday it had agreed to buy a majority stake in South Korea&#39;s Korea Exchange Bank from US private equity fund Lone Star for about 6.3 billion dollars (4.6 billion euros) in cash.
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The Tokyo Stock Exchange announced Friday that it had acquired a stake of almost five percent in the Singapore stock exchange operator as part of its efforts to forge links with overseas bourses.
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Online marketplace eBay moved forward on its acquisition of Korean rival Internet Auction Co. (IAC) after nearly doubling its original offer.
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Asian shares jumped to multi-month  highs on Monday on a rally in semiconductor-related issues,  including Japan's Advantest Corp., and European stocks were set  to rise after a rally in U.S. markets.
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EBay Inc. (EBAY.O: Quote, Profile, Research) on Thursday said it will soon launch a tender offer to buy the remaining outstanding shares of South Korea&#39;s Internet Auction Co.
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EBay Inc., which has been aggressively expanding in Asia, plans to increase its stake in South Korea's largest online auction company.    The Internet auction giant said Tuesday night that it would purchase nearly 3 million publicly held shares of Internet Auction Co...