CORPORATE DEALS | CORPORATE INSOLVENCY

I'm Kubi Michael Udofia, a PhD-er and an incorrigible Corporate Deal Junkie! This is my "Diary" of Corporate Deals and Bankruptcy/Insolvency Law :)

Vodafone to buy 140 Phones 4u stores | Guardian

Vodafone has agreed to buy 140 Phones 4u stores, saving almost 900 jobs at the stricken retailer. The mobile phone operator said it had no plans to cut staff in the stores and that all 887 employees at the outlets would be kept on.

The deal will increase the number of Vodafone stores in the UK to about 520, accelerating its plan to sell more contracts and handsets through its own branches. However, the transaction was announced alongside confirmation of 628 redundancies at Phones 4u’s headquarters.

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How Alibaba Works: Explained With 280 Pairs of Pants - Bloomberg TV

(Source: jumbiz)

Building a Watch Portfolio: The Four Brands to Invest In - Bloomberg TV

(Source: jumbiz)

China’s WeChat Goes Beyond Social Networking - WallStreetJournal

(Source: jumbiz)

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Venture capitalist Peter Thiel had a lot to say on Squawk Box this morning.

"Twitter is hard to evaluate," said Thiel. "They have a lot of potential. It’s a horribly mismanaged company — probably a lot of pot-smoking going on there. But it’s such a solid franchise, it may even work with all that."

He also shared his thoughts on Google, Uber and gay CEO’s.

See it here: http://cnb.cx/1s6zKVC

(Source: cnbc)

jumbiz:

Alibaba IPO: Are the Risks Too Big to Ignore? - Bloomberg TV

Meet the New Most Powerful Woman in Tech - Bloomberg TV

(Source: jumbiz)

Alibaba IPO History: Opens Trading 36% Higher at $92.70 - Bloomberg TV

(Source: jumbiz)

It’s official: Alibaba opens for trade in the biggest IPO of all-time.

It’s Alibaba IPO day, and the crowds are already gathering outside the New York Stock Exchange for what will be the largest IPO ever in the U.S. 

Founder Jack Ma made an appearance with Alibaba executives before heading inside for the big day.

All day, follow our Alibaba LIVE BLOG for all the latest news from the NYSE. 

(Source: cnbc)

Alibaba IPO a Bet on Future Global Internet: Kirkpatrick - Bloomberg TV

(Source: jumbiz)

Alibaba IPO: The Reasons for Investor Skepticism - Bloomberg TV

(Source: jumbiz)

Alibaba prices IPO at $68 a share ahead of New York stock flotation | Guardian

Early investors in Chinese online giant Alibaba are set to sell $8bn worth of shares Friday morning, escaping the “lockup” that usually requires them to hold their shares for several months.

The disclosure, first reported by the Wall Street Journal, is just one more complication ahead of what looks set to be the biggest stock market floatation of all time on Friday.

Alibaba set the price of its shares on Thursday at $68, the top end of its planned range, and is expected to raise up to $22bn (£13.5bn). At $68 a share, the company is valued at $167.6bn – bigger than Amazon and more than double the value of eBay […]

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