XAware lands $7.4 million investment round
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XAware lands a $7.4 million third round of venture funding, which the open source data integration software maker plans to use to expand its business model.
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Canada-based Brookfield Asset Management  Inc. (BAMa.TO) has made a takeover approach for Australia's A$4  billion ($3.1 billion) Multiplex Group Ltd. , the  construction and property group said, sending its shares up 7.5  percent.
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Stockland, Australia&#39;s fourth-biggest property trust, offered to buy General Property Trust for A$7.5 billion ($5.7 billion) in stock in an attempt to foil a rival bid by Lend Lease Corp.
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Swiss mining group Xstrata PLC Monday launched a hostile 7.4 billion Australian dollar (US$5.8 billion; euro4.4 billion) bid for uranium and copper miner WMC Resources LTD, increasing pressure on the independent Australian miner.
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The smoothie giant serves up better-than-expected profits.
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Xstrata Plc, the world&#39;s biggest exporter of coal for power plants, will make a hostile A$7.4 billion ($5.8 billion) cash offer for WMC Resources Ltd.
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Seven Asian telecommunications firms are coming together to invest between $30m and $40m (Â£16.3m and Â£22m) in new mobile phone services and technology.
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Swiss-based Xstrata  on Friday raised its cash offer for Australian coal miner Resource Pacific Ltd  by 12 percent to A$1.08 billion ($964 million) and declared it final.
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On Thursday, the company announced it will invest $12 million over the next five years in a new research and development center in Tokyo.
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The company earned $1.07 billion in the fourth quarter, helped by steady but moderate growth in its core operations.
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An acquisition focuses on a market with strong growth potential.
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Jamaica last year attracted its highest level of Foreign Direct Investment (FDI) flows yet, US$720.4 million, outperforming traditional powerhouse investment hosts such as Costa Rica, Trinidad and Tobago and even Argentina.
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WMC currently is fending off a AU$7.4 billion takeover bid by Switzerland-based Xstrata PLC. The mining company upgraded its earnings forecast to around $1.3 billion for the calendar year, above analysts&#39; expectations.
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The company is in a phase of explosive growth, and that costs money.
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PERTH (Dow Jones)--Trying to derail Xstrata Plc.&#39;s (XTA.LN) hostile takeover bid, WMC Resources Ltd. (WMR.AU) Thursday said it will return up to A$1 billion to shareholders
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IF Xstrata&#39;s Scotch CEO Mick Davis thought he could get WMC Resources on the cheap he now knows otherwise. The Swiss miner is offering $7.4 billion, or $6.35 a share, for Australia&#39;s third biggest resources company.
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The software company's investments are showing some promise.