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China Unlikely to OK MG Rover Rescue

China's biggest carmaker said it was unlikely to agree to a rescue deal for MG Rover, as administrators battled on Monday to find a buyer for the UK firm.

Goldman May Bid for AB Ports

A consortium including Goldman Sachs is considering bidding for Associated British Ports Plc, joining other offshore predators buying UK port operators.

EU OKs Universal, BMG Merger

Universal Music Group said it has received conditional approval from the European Commission to buy BMG Music Publishing for $2.2 billion.

U.S. Approves California Bullet Train Construction

The Obama administration on Wednesday gave the first formal regulatory approval to the California High-Speed Rail Authority's plan to construct a bullet train between Los Angeles and San Francisco, clearing a major legal hurdle to starting the project in the Central Valley, Reuters and the Huffington Post report.

Hilton in Talks to Buy UK Hilton's Hotels

Hilton Hotels Corp. on Friday said it is in discussions to acquire the hotel division of UK-based Hilton Group Plc, in an all-cash deal reported to be worth about $6.3 billion.

Silicon Beach Report Jan. 4: Jimmy Iovine to Leave Apple Music in August

Jimmy Iovine to leave Apple Music in August; Chrome River raises $35 million more and eHarmony's “scientific” match ad banned in UK.

Hilton Buys UK Hilton's Hotels

Hilton Hotels Corp. said on Thursday that it agreed to buy the hotel division of UK-based Hilton Group Plc for $5.7 billion in cash, creating the largest lodging company in the world.

Pelican Products to Host UK Entrepreneur Program in Torrance

Pelican Products, makers of protective cases for a range of products, is sponsoring a pilot program that will bring six UK-based entrepreneurs to the company’s headquarters in Torrance for training this fall.

Business Briefs: Tarrant Apparel, Gores Group, DirecTV, Homestore

Tarrant Apparel Group cuts its fiscal 2005 outlook, The Gores Group acquires Scotland-based Brand-Rex Ltd. from Honeywell International Inc., and other briefs about L.A. companies.

Natrol Expands in U.K.

Nutritional supplement maker Natrol Inc. announced the establishment of a United Kingdom subsidiary, Natrol UK Ltd.

TT Games Opens UK Studio for Lego Mobile Video Games

TT Games, makers of the Lego video game franchise published by Warner Brothers Interactive Entertainment in Burbank, has announced the opening of TT Games Brighton, a new UK-based development studio focused on creating new Lego games designed for mobile platforms.

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Japan

Britain easily retained its lead as America's favorite European location for corporate investment during the 1997/98 year. A rise of more than 34% in US company projects has been announced by the UK Government's Invest in Britain Bureau (IBB), bringing th

Northridge Equipment Bought by Ashtead

Northridge Equipment Services Inc. has been acquired for $69.6 million by the U.S. subsidiary of UK-based equipment rental group Ashtead Group PLC, which is seeking to boost its U.S. presence.

Live Nation Gets Part of UK Company

Live Nation Inc. said it has partnered with Gaiety Investments to acquire a 56 percent stake in Academy Music Holdings Ltd.

Silicon Beach Report April 5: SpaceX Gains Substantial Cost Savings from Reused Falcon 9

SpaceX gains substantial cost savings from reused Falcon 9, TaskUs moves headquarters to Santa Monica Airport, and Enthusiast Network launches Motor Trend streaming video in UK and Europe.

CB Richard Ellis Arranges Major UK Property Transaction

CB Richard Ellis Group, Inc. today announced that it arranged what it is calling the largest commercial property transaction in United Kingdom history.

Business Briefs: Inamed, Diodes, ViewSonic, National Technical Systems

Inamed Corp. says its planned acquisition by Medicis Pharmaceutical Corp. is canceled, Diodes Inc. raises fourth-quarter outlook due to better-than-expected sales, and other briefs about L.A. companies.

CallFire Acquires FireText

CallFire, Inc., a cloud phone and text services provider, has acquired UK text message marketing firm FireText to expand its European presence.

Shareholder to Vote Against Buyout

Keystone Automotive Industries Inc. said Monday in a regulatory filling that Rockhampton Management UK LLP will vote against the proposed takeover of the company by Chicago-based LKQ Corp. because it undervalues the company.

Vice Media Acquires Controlling Stake in Pulse Films

Venice-based Vice Media has acquired a controlling stake in UK-based production company Pulse Films, according to Variety. The deal is designed to reportedly boost Vice’s digital, mobile and linear capabilities. Vice and Pulse first partnered in 2012 for the film “Shut Up and Play the Hits,” which premiered at the Sundance Film Festival.