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NBC Universal agreed to buy Sparrowhawk Media, which owns the channels, from the private equity firms 3i and Providence Equity Partners. With the acquisition NBC Universal will double the size of its cable operations outside the United States....

The battle for the Wall Street Journal isn't seems to end up early as the scenes in the drama are changing quite frequently. It was expecting that Murdoch would clinch the deal, but Bancroft family is doing everything possible to stop News Corp's.

General Electric discloses its plan to sell its plastics unit to Saudi petrochemicals manufacturer Saudi Basic Industries Corporation (Sabic) for $11.6 billion. The deal for the G.E. division, which employees 11,000 in 20 countries, is one of the.

General Electric Co. would buy two of Abbott Laboratories Inc.'s diagnostics business units (Abbott's primary in-vitro diagnostics and Point-of-Care diagnostics) for $8.13 billion in cash. Acquisition broadens GE's reach into health care business and..

Eyeing fast growth sectors to offset slow growth in traditional ones, General Electric (GE) has struck a deal to buy out the aerospace business of Britans Smith Group for a whopping $ 4.8 billion. The London Stock Exchange welcomed the acquisition...

The ever speeding dynamism of global economy is touching a new high each day. It is almost impossible to run new age businesses with the old and traditional business patterns and ideas. Jack Welch has not lost focus even after retiring from General...