Bloomberg Ericsson has agreed to buy Vonage Holdings Corp in its biggest-ever deal, a takeover that also concludes a brief but successful activism campaign by Jana Partners. Ericsson’s $6.2 billion all-cash offer for Vonage dwarfs its 1.2 billion pound ($1.6 billion) acquisition for Telent Ltd telecom equipment assets in 2005, according to data compiled by Bloomberg. Jana Partners, which owns ...

Bloomberg BlackRock Inc is trimming its investments in Indian equities and becoming more optimistic on China on attractive valuations amid expectations that policy hurdles will ease next year. “Valuations are the key right now,” Belinda Boa, head of active investments for Asia Pacific at the world’s biggest asset manager, said at a briefing. “Because of the outperformance we’ve seen in ...

Bloomberg US index futures and European stocks fall as investors weighed the prospects of a quicker withdrawal of monetary stimulus and the economic impact of renewed lockdowns. December contracts on the S&P 500 Index falls 0.4% after the underlying gauge posted a last-hour decline. A rout in technology shares that spurred those losses echoed in a 0.6% drop in Nasdaq ...