ACCC approves $2 billion Foxtel takeover of Austar

The Australian Competition and Consumer Commission have approved the takeover of Austar by Foxtel.

Read more: http://www.news.com.au/business/accc-approves-2-billion-foxtel-takeover-of-austar/story-e6frfm1i-1226322636687#ixzz1raw71xH6

Facebook buying photo-share app Instagram for $1B

Facebook have purchased the company making the app Instagram for $1Billion.  They plan on continuing to run the company as a separate entity to Facebook and not close the app.

http://www.news.com.au/business/facebook-buying-photo-share-app-instagram-for-1b/story-e6frfm1i-1226322429959

Billabong may take crisis step

Billabong looking at take over bids amid falling profits over the past year.

http://www.theage.com.au/business/billabong-may-take-crisis-step-20120216-1tbsf.html

Pacific Brands first-half losses deepen

Pacific Brands are looking at take over offers after posting a first half loss of $353.865 million to December 2011, after losses of $206.1 million in the corresponding period in 2010.

http://www.heraldsun.com.au/news/breaking-news/pacific-brands-first-half-losses-deepen/story-e6frf7ko-1226273499328

European Union approves Google takeover of Motorola

EU approves take over of Motorola by Google

http://www.news.com.au/business/markets/eu-approves-google-takeover-of-motorola/story-e6frfm30-1226270368553

Pacific Brands in talks about takeover plan American investment group KKR

Pacific Brands looking at accepting a take over bid from American company

http://www.news.com.au/business/pacific-brands-in-talks-about-takeover-plan/story-e6frfm1i-1226240648343