AMD Sells 8.1 Percent Stake to Mideast Firm

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The Abu Dhabi government's investment arm paid $622 million for an 8.1% stake in Advanced Micro Devices Incorporated. A unit of Mubadala Development Company received 49 million newly-issued AMD shares at a closing price of...

EA takes stake in China games firm

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Electronic Arts has confirmed that it will pay about $170m for a 15% stake in Chinese online games operator The9, the sole operator in China of what is believed to be the world's most profitable...

Microsoft to sell stake in Corel

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Microsoft is preparing to sell its stake in struggling Canadian software maker Corel at a loss of more than $100 million. Vector Capital, a San Francisco-based venture capital firm, announced this week...

Vodafone says no plan to sell Verizon stake

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Vodafone Group Plc has denied reports that it intends to sell its 45% stake in Verizon Wireless, its US joint venture with Verizon Communications, after speculation it was looking to offload its stake in order...

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