SoftBank considers stake in Legendary Pictures: report


TOKYO - Japan's SoftBank Corp has been in talks to take a minority stake in privately held movie studio Legendary Pictures, entertainment trade publication The Hollywood Reporter reported on Tuesday.


EBay to spin off PayPal in 2015 12:43pm BST

- EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company.


News Corp to buy real estate website operator Move for $950 mln 12:25pm BST

- Rupert Murdoch's News Corp said it would buy Move Inc , the owner of property websites such as, for about $950 million to expand its digital marketing business.


SoftBank, DreamWorks Animation talks have cooled: sources 9:56am BST

- SoftBank Corp's talks to acquire Hollywood studio DreamWorks Animation SKG Inc have cooled, a SoftBank source and banking sources in Japan said.


Don Quijote to open Japanese take-out food chain in U.S. next year 7:21am BST

TOKYO - Japanese discount store operator Don Quijote Holdings will open a new chain in the United States early next year selling take-out Japanese food such as deep-fried oysters and noodles to tap growing demand for Japanese cuisine, the company's chief executive said on Tuesday.


Holcim and Lafarge step up plans to divest assets 10:32am BST

ZURICH - Cement makers Holcim and Lafarge are stepping up plans to shed assets in order to win clearance from competition regulators for their planned mega-merger, including possibly spinning them off into a new company.


DreamWorks-SoftBank talks may augur Hollywood dealmaking wave 5:25am BST

LOS ANGELES - DreamWorks Animation SKG Inc's talks about taking on a Japanese owner highlight the challenges facing Hollywood's smaller studios in remaining independent and could prompt a string of other deals. | Video


Lawson to buy supermarket chain Seijo Ishii for $500 million 4:05am BST

TOKYO - Japanese convenience store operator Lawson Inc said on Tuesday that it would buy upscale supermarket chain Seijo Ishii Co for about 55 billion yen ($503 million), including debt, from investment fund Marunouchi Capital.

Samsung Electro-Mechanic set to raise up to $1.1 billion from affiliate SDS sale 8:16am BST

SEOUL - Samsung Electro-Mechanics Co Ltd is set to raise up to 1.16 trillion won ($1.1 billion) by selling via the stock exchange in November its entire stake in affiliate Samsung SDS, the IT services unit of Samsung Group.


Encana to buy Athlon for $5.93 billion in push for oil 29 Sep 2014

CALGARY/TORONTO - Canada's Encana Corp said on Monday it will buy Athlon Energy Inc for $5.93 billion in cash, taking aim at Athlon's oil-rich lands in Texas's Permian Basin and at jump-starting its plan to boost output of lucrative oil and natural-gas liquids.

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