Verizon: It is buying AOL for $4.4bn
AOL
New York - Arab Today
Verizon said Tuesday it is buying AOL for about $4.4 billion in a deal that will give the US telecoms giant increased digital content and advertising platform space.
"Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. today announced the signing of an agreement to purchase AOL Inc. for $50 per share -- an estimated total value of approximately $4.4 billion," Verizon said in a statement.
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Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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