financial times: Global business: Apple accused of avoiding billions in taxes, Qataris...

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Global Business
Tuesday May 21 2013

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Companies news and analysis - FT.com

Apple accused of avoiding billions in taxes

The Senate report said Apple's use of loopholes for international profits allowed it to save tax on $44bn in 'otherwise taxable offshore income'
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/XBY9OJ/36/h?a1=2013&a2=5&a3=21

Qataris bank on gaining key stronghold

Sending their very best executives abroad to learn their trade has helped the nation tap into a rich flow of acquisitions as well as deals
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/EKBOQU/36/h?a1=2013&a2=5&a3=21

Mayer out to rewrite Yahoo's history

Yahoo compared its Tumblr purchase to Facebook takeover of Instagram last year and Google's YouTube deal in 2005
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/CWT8YT/36/h?a1=2013&a2=5&a3=21

Actavis to buy Warner Chilcott for $5bn

All-stock deal could bring an end to recent merger talks around Actavis and will create a speciality pharma group with an annual $11bn in sales
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/GY8C9R/36/h?a1=2013&a2=5&a3=21

SoftBank grants Sprint disclosure waiver

Japanese group agrees to waiver allowing mobile phone carrier to disclose non-public information to rival bidder Dish
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/7Z3L4O/36/h?a1=2013&a2=5&a3=21

Armani operating profit up 20% to €339m

Giorgio Armani says the Italian fashion retailer plans to continue its growth focus on China where sales jumped 39 per cent and emerging markets
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/RP5KL5/36/h?a1=2013&a2=5&a3=21

ENRC lowball bid looks good, analysts say

Proposed offer from ENRC's founding shareholders and Kazakhstan has been rejected as 'materially undervaluing' the London-listed miner
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/9MUHK5/36/h?a1=2013&a2=5&a3=21

Graceland put on the market

Core Media Group has begun approaching potential bidders from Asia, Europe and the US for Elvis Presley Enterprises and Muhammad Ali Enterprises
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/7Z3L4M/36/h?a1=2013&a2=5&a3=21

Dell seeks clarity on Icahn takeover bid

The rival offer contained no details of how a deal would be financed, and has been with scepticism by many people close to the deal
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/IEO2RR/36/h?a1=2013&a2=5&a3=21

Investors vote in Dimon 'referendum'

Investors demanding more board oversight vowed to press on even after talking down the prospects of winning a vote to install an independent chairman
http://link.ft.com/r/73UJGG/A5RSGI/EWTCE3/KQDQPU/ULXIGA/36/h?a1=2013&a2=5&a3=21

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