DealZone

Deals wrap: Rare air brings deal

February 17, 2011

The city of Davos is seen at sunset January 25, 2011.   REUTERS/Vincent Kessler  It took the rarefied air of the Swiss Alps to bring together the chief executives of Sanofi-Aventis and Genzyme  and pave the way for a $20.1 billion deal.

As the cream of the telecoms industry debates how best to make money from mobile data,Vimpelcom’s Alexander Izosimov¬† is alone in betting his balance sheet on it in unfashionable western Europe.

Chinese oil majors are set to accelerate their overseas buying spree in unconventional oil and gas assets, with an eye on technology key to help shift China’s reliance on coal to lower-carbon fuel over the next decade.

The bond of friendship doesn’t mean much when the government comes knocking on your door, the Wall Street Journal reports.

Warren Buffett will make his first trip to India next month and it could be a precursor to some deals, reports the Economic Times.

Mark Cuban says today’s market is not a bubble, it’s a pyramid scheme, reports peHUB.

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