VSNL acquires Tyco for $130 million
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Videsh Sanchar Nigam (VSNL), a Tata group company, today announced the acquisition of Tyco Global Network for $130 million, or Rs 585 crore, in a cash deal.
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Tyco International Ltd., the world&#39;s biggest maker of security systems, reported a fourth-quarter profit of $454 million as electronics and health-care sales rose and Chief Executive Officer Edward Breen cut costs.
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Petco Animal Supplies Inc.  on  Friday said it agreed to be acquired by two private equity  groups for about &#36;1.68 billion in cash, the latest in a string  of retailers agreeing to go private.
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MetLife Inc. on Monday agreed to  acquire Travelers Life & Annuity from Citigroup Inc. for $11.5  billion, bolstering its product reach while sounding  Citigroup's retreat from the one-stop financial supermarket  concept.
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Trans World Entertainment Corporation (Nasdaq:TWMC) one of the largest  and most experienced specialty music, video and video game retailers in  the United States, announces that it has selected and implemented  Vcommerce Enterprise&#8482;, for its end-to-end  online retail business.
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com. The sale of US-built telecom infrastructure to foreign firms at fire-sale prices continues. Tyco International says it is selling its Tyco Global Network to India&#39;s Tata Group.
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New York, August 27: International Business Machines Corp. on Thursday said it will acquire Venetica, whose software allows users to view and process files in a variety of software formats.
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IBM to acquire NovusCG, a storage technology provider.
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The Coca-Cola Co.  said on  Tuesday it acquired a controlling stake in Kerry Beverages  Limited (KBL), its bottling joint venture with the Kerry Group,  a conglomerate based in Hong Kong.
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The manufacturing conglomerate Tyco International, which is preparing to split into three separate companies, said yesterday its profit climbed 43 percent in its most recent quarter.
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The Blackstone Group  said on Tuesday it would buy Hilton Hotels Corp.  for about $26 billion in cash.
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Capital One Financial Corp.   said on Friday it completed its $13.2 billion purchase of North  Fork Bancorp Inc., becoming the 11th-largest U.S. banking  company and third-largest retail bank by deposits in the New  York metropolitan area.
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Texas power company TXU Corp.   said on Monday it agreed to be acquired by a group led  by private equity firms Kohlberg Kravis Roberts & Co.   and Texas Pacific Group  for $31.8 billion in the  largest leveraged buyout in history.
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Public Service Enterprise Group, owner of the state&#39;s biggest gas and electric utility, yesterday agreed to be acquired by Exelon in a $12.2 billion deal that would create the nation&#39;s biggest
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Tyco International Ltd. on Thursday said its board approved an eightfold increase to its quarterly dividend and backed its first-quarter and full-year earnings estimates.
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Further strengthening India&#39;s position in the global communications arena, Videsh Sanchar Nigam Limited (Quote, Chart) will pay $130 million for Tyco&#39;s (Quote, Chart) undersea fiber-optic network, the companies announced today.
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Videsh Sanchar Nigam Limited, India&#39;s leading provider of international telecommunications and Internet services, on Monday announced that the company has agreed to acquire Tyco Global Network, one of the world&#39;s most advanced and extensive submarine