KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.
The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London
British drugs giant AstraZeneca rejected on Monday a final takeover bid from US rival Pfizer worth $117 billion, saying it undervalued the firm and created uncertainty and risk for shareholders.
Sotheby's agreed Monday to appoint hedge fund activist Dan Loeb and two allies to its board, averting a shareholder vote over the direction of the prestigious fine art auctioneer.
The founder of Russia's top social network VKontakte, Pavel Durov, on Wednesday said he has resigned as chief executive in a bitter conflict with a major shareholder, a dramatic announcement some initially saw as an April Fool's joke.
Facebook chief Mark Zuckerberg will sell a chunk of his stake in the company, cashing in some $2.3 billion, as part of a new share offering by the huge social network.
Facebook shareholders on Tuesday grilled leaders of the social network regarding how they planned to revive the company's stock and protect user privacy from snoops including US spy agencies.
Arsenal have had no contact over a potential takeover, sources told the Press Association on Sunday, amid reports of a looming record bid by a Gulf consortium.
A US federal judge blocked Friday an Apple shareholder vote in response to a hedge fund lawsuit that claimed the tech giant was improperly bundling questions on a ballot.
Apple said Thursday it is weighing ways to give shareholders more of its huge cash stockpile, after hedge fund Greenlight Capital filed suit in an effort to press it in that direction.