Advertisement

Also . . .

Share via

* Bell Canada International Inc. and U.S. insurer American International Group Inc. teamed up to buy 39.4% of South Korea’s Hansol PCS Co., one of the Asian nation’s five cellular phone companies, for $265 million. Montreal-based Bell Canada would pay $159 million for a 23.6% stake, and AIG would acquire 15.8% for $106 million through investment funds.

*

* U.S. staffing and consulting company StaffMark Inc. agreed to buy British finance and technology recruiter Robert Walters, which has operations in 10 countries, for stock valued at $179 million.

*

* Kimberly-Clark de Mexico, the country’s largest listed consumer products company, said it’s raising prices on some products up to the “mid-teens in percentage terms.” The company, which is 46%-owned by Kimberly-Clark Corp., had flat operating income in the second quarter on a 3.5% drop in sales, analysts said.

Advertisement
Advertisement