Posts Tagged ‘Acquisition’

Sony Ericcson, US based and third largest handset manufacturer, is holding talks with Spice mobiles, India based Mobile manufacturer and service provider, for an acquisition. According to ET, Spice mobiles is demanding Rs. 80 - 100 per share, which adds the value of Spice mobile around Rs. 7 million. However Spice mobiles shares are closed at around Rs. 22 in the Bombay Stock exchange which ... Full story

India's largest consumer electronics and appliances manufacturer, Videocon has surprised the business world by expressing its willingness to acquire the handset business of US based Motorola. Videocon Industries chairman Venugopal Dhoot confirmed that his company had already submitted an expression of Interest to manfacturing giant. However details about the bidding value is not publicly available. Motorola, the third largest mobile manufacturer next ... Full story