NEWS
June 2013
19 Jun 2013
Wall Street's Financial Industry Regulatory Authority is looking at how brokerage firms supervise their use of communication outlets such as Facebook...
19 Jun 2013
A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to acquire control of Canada's Wind Mobile, a surprise move that creates...
19 Jun 2013
The chief executive of German real estate company GSW Immobilien vowed to stay in the job he has held only for a matter of weeks, despite a vote of no confidence by shareholders...
19 Jun 2013
Riverstone Holdings LLC has secured $7.7 billion from investors for its latest fund, the first the energy-focused private equity firm has raised since ending...
19 Jun 2013
The top U.S. derivatives regulator fined ABN AMRO Clearing Chicago LLC $1 million for a raft of breaches in the handling of customer accounts over a period of three years...
19 Jun 2013
A British watchdog has banned accountants from asking customers' internal auditors directly for help in checking the books in a bid to bolster their independence...
19 Jun 2013
Apparel retailer Men's Wearhouse ousted Executive Chairman George Zimmer, who founded the company 40 years ago, sending its shares down as much as 6 percent...
19 Jun 2013
The two heads of the main Swiss business lobby Economiesuisse announced on Wednesday they were both stepping down after the organisation came...
19 Jun 2013
Sony Corp's top investor Daniel Loeb will miss its shareholder meeting on Thursday and those attending will not be considering his proposal to partially...
19 Jun 2013
European antitrust regulators fined nine drugmakers, including Denmark's Lundbeck, a total of 146 million euros ($195 million) for blocking the supply of...
19 Jun 2013
EQT has had to compromise to sell Springer Science+Business Media. The Swedish buyout firm is offloading the world's second-largest academic publisher to rival...
19 Jun 2013
Buyout firm BC Partners has agreed to take over German publisher Springer Science+Business Media for about 3.3 billion euros ($4.4 billion) in the largest private-equity acquisition in Germany in seven years...
19 Jun 2013
Australia's Nathan Tinkler has handed his stake in Whitehaven Coal Ltd to lenders to pay off most of a $634 million debt, in a deal that may eventually...
19 Jun 2013
Sweden has sold nearly half its remaining stake in Nordea, the region's biggest bank, raising $3.0 billion which will be used to pay down debt as the centre-right government heads into an election next year...
19 Jun 2013
Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined...
19 Jun 2013
Belgium's financial regulator has ruled that former Dutch-Belgian financial services group Fortis failed to inform markets properly in the run-up to its 2008 break-up and fined a former director and executive and its successor company...
19 Jun 2013
Smithfield Foods Inc Chief Executive Larry Pope could receive nearly $46.6 million in merger-related payments as part of a planned takeover by China's Shuanghui International...
19 Jun 2013
Robinsons Retail Group, which operates supermarkets, hardware and department stores in the Philippines, plans to raise up to $924 million in an initial public offering in Manila, IFR reported on Wednesday, citing a filing for the deal...
19 Jun 2013
CITIC Securities' $1.25 billion agreement to buy brokerage CLSA from Credit Agricole has hit a snag in Taiwan, according to people familiar with the matter, as regulators resist the plan for a Chinese company to own an entity on Taiwanese turf...
18 Jun 2013
U.S. securities regulators will try to extract admissions of wrongdoing from defendants in some settlements, potentially resulting in more cases going to trial...
18 Jun 2013
Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and would instead...
18 Jun 2013
The Silicon Valley IPO has lost its cachet, and big investors need to pay attention. That's the view of two prominent startup chief executives awash in offers...
18 Jun 2013
Votorantim Cimentos SA, Brazil's largest cement producer, and shareholders canceled a $4.8 billion initial public offering, a source with direct knowledge...
18 Jun 2013
Switzerland's Gunvor has signed a deal with Gabon to create a joint trading company to sell oil products along the western coast of Africa in a sign the race is heating up...
18 Jun 2013
Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers...
18 Jun 2013
Google shareholders are getting some modest future-proofing. A novel deal protects owners of the company's non-voting stock against a discount...
18 Jun 2013
Billionaire investor Carl Icahn on Tuesday laid out a new proposal for Dell Inc, calling on the No. 3 PC maker to buy back 1.1 billion shares and...
18 Jun 2013
RHJ International, the Brussels-based owner of London brokerage Kleinwort Benson, remained on course to buy German bank BHF-Bank on Tuesday after shareholders...
18 Jun 2013
Valeant Pharmaceuticals has set a bank meeting for Wednesday to launch a $9.3 billion financing package backing the company's $8.7 billion acquisition...
18 Jun 2013
U.S.-based Royalty Pharma has dropped a hostile bid worth up to $8 billion for Elan, leaving the Irish drug maker free to seek other suitors having put itself up for sale...
18 Jun 2013
Volkswagen's second-largest stakeholder wants Europe's top automaker to do more to tap growing southeast Asian markets but sees no need yet for more acquisitions...
18 Jun 2013
HSBC Holdings has been appointed to manage a public share offer of a joint venture firm that owns and operates a $1 billion water and power project in Oman...
18 Jun 2013
Since Starboard Value LP was spun off as a separate hedge fund just over two years ago it has been fast gaining a reputation for aggressive shareholder activism...
18 Jun 2013
Danske Bank, Denmark's biggest financial institution, said on Tuesday it may not be able to pay its 2013 dividend in full after the country's regulator said it must set aside more cash to cover risk...
18 Jun 2013
China Mengniu Dairy Co Ltd signed a second takeover deal in a month on Tuesday, offering to buy Carlyle-backed Yashili International Holdings Ltd in a deal worth...
18 Jun 2013
Deutsche Boerse Chief Executive Reto Francioni signalled on Tuesday that the exchange operator was still on the lookout for merger and acquisition deals...
18 Jun 2013
Russian credit card supplier Tinkoff Credit Systems (TCS) has selected banks to organise a stock market listing, a source close to the placement said on Tuesday...
18 Jun 2013
A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC Capital, a court filing showed...
17 Jun 2013
Restaurant chain Tim Hortons Inc, which recently outlined plans to address the concerns of activist investor Highfields Capital, now faces pressure from another such investor...
17 Jun 2013
Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp...
17 Jun 2013
Oil refiner Tesoro Corp won approval from U.S. antitrust regulators to buy Northwest Products Pipeline system and related assets from Chevron Corp, on the condition...
17 Jun 2013
AT&T is all dressed up with nowhere to go. The telecom company had a $93 billion bid for Telefonica blocked by Madrid, according to a Spanish newspaper...
17 Jun 2013
Starboard Value LP, a large shareholder in Smithfield Foods Inc, urged the world's largest pork producer to explore a breakup rather than go ahead with...
17 Jun 2013
Johnson & Johnson said it would pay up to $1 billion for Aragon Pharmaceuticals and its experimental drugs for prostate cancer, bolstering J&J's role in the field after it acquired...
17 Jun 2013
Spain's La Seda de Barcelona, LSB, which makes plastic bottles in Europe, Turkey and North Africa, said on Monday it would begin insolvency proceedings after...
17 Jun 2013
IntercontinentalExchange is set to win unconditional EU approval for its $8.2 billion bid for NYSE Euronext after antitrust regulators found no competition concerns...
17 Jun 2013
Private equity firm Bain joined the fight for Norway's Cermaq on Monday, aiming to cherry pick the fish farmer's prize asset for $1.1 billion and putting pressure on...
17 Jun 2013
Johnson & Johnson said on Monday that it would buy Aragon Pharmaceuticals, a private company that is running a mid-stage clinical trial for a prostate cancer drug...
17 Jun 2013
Ceramics has made Cinven go weak at the knees. The buyout firm will pay Rockwood Holdings, a U.S. chemicals group, $2 billion for its CeramTec business...
17 Jun 2013
Elan shareholders approved a share buyback on Monday, meaning U.S.-based Royalty Pharma's hostile bid for the Irish drug firm will lapse unless it succeeds in a legal challenge...
17 Jun 2013
Private equity firm Cinven has sealed around 1 billion euros in financing from Deutsche Bank, RBC and UBS for its 1.5 billion euro ($1.99 bln) buyout of industrial ceramics firm...
17 Jun 2013
Regulators decide this week how banks should set a limit to the risk they take onto their balance sheets, with investors likely to pressure lenders...
17 Jun 2013
Finnish construction group YIT's shareholders approved a plan to split the company into two by spinning off its building maintenance services unit...
17 Jun 2013
Orchard Supply Hardware Stores Corp has filed for Chapter 11 bankruptcy protection, court documents showed on Monday, with rival retailer Lowe's Companies...
16 Jun 2013
Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state...
16 Jun 2013
Cheung Kong (Holdings) Ltd, controlled by Asia's richest man Li Ka-shing, said it will buy Dutch waste processing firm RAV Water Treatment I B.V. for 943.68 million euros ($1.26 billion)...
16 Jun 2013
Brookfield Asset Management Inc said it will sell its Longview Timber holdings in the U.S. Pacific Northwest to Weyerhaeuser Co for $2.65 billion, including assumption of debt...
16 Jun 2013
Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state...
16 Jun 2013
Cinven Ltd has agreed to buy CeramTec for 1.49 billion euros ($1.99 billion), beating rival private equity firm BC Partners Ltd in bidding for the Germany-based industrial ceramics unit...
14 Jun 2013
The Mexican unit of Spanish bank Santander <SAN.MC> said on Friday it will buy Dutch bank ING's mortgage business in Mexico to become the country's second-biggest provider of home loans.
14 Jun 2013
Kion Group, the world's second-biggest forklift truck maker, unveiled a price range of 24 euros to 30 euros per share for its June 28 stock market debut, seeking to take advantage of buoyant market conditions.
14 Jun 2013
JPMorgan Chase & Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled.
14 Jun 2013
National security concerns have delayed the Canadian government's approval of two deals that would solidify Vimpelcom Ltd's ownership of...
14 Jun 2013
Chesapeake Energy Corp shareholders on Friday rejected a proposal that would have made it easier to replace the entire board of directors of the natural gas driller in one step.
14 Jun 2013
JPMorgan Chase & Co said on Friday its private equity unit will become independent, the latest move by a financial institution to shed risky businesses amid financial reform...
14 Jun 2013
The Canadian government has delayed the approval of two deals that would solidify Vimpelcom Ltd's control of wireless carrier Wind Mobile over national security...
14 Jun 2013
Irish drug company Elan put itself up for sale on Friday, seeking to fend off a hostile bid by Royalty Pharma that shareholders will consider next week...
14 Jun 2013
Poland's second-biggest mobile phone operator, Polkomtel, has refinanced 7.95 billion zlotys ($2.5 billion) worth of loans, helping it cut borrowing costs by over 100 million...
14 Jun 2013
Technology products retailer CDW Corp, which was taken private by Madison Dearborn Partners LLC and Providence Equity Partners for $7.3 billion in 2007...
14 Jun 2013
Technology products retailer CDW Corp, which was taken private by Madison Dearborn Partners LLC and Providence Equity Partners for $7.3 billion in 2007, expects to raise up to $738 million in its initial public offering, according to a regulatory filing.
14 Jun 2013
They are hardly the most glamorous vehicles, but forklift trucks are pivotal to contemporary economic life. Global trade, featuring fragmented supply chains...
14 Jun 2013
U.S. investment firm Royalty Pharma said on Friday it expects the majority of takeover target Elan's shareholders will reject the Irish firm's own proposed acquisition...
13 Jun 2013
Malaysian energy and water company Ranhill Energy and Resources Bhd is expected to launch its initial public offering (IPO) on June 28 that will target raising 1.0 billion ringgit...
13 Jun 2013
The U.S. Securities and Exchange Commission has settled civil charges accusing eight former directors of Morgan Keegan bond mutual funds of failing to police the portfolio managers they oversaw, allowing toxic mortgage assets to be overvalued prior to the financial crisis.
13 Jun 2013
Antero Resources Corp, an oil and natural gas company controlled by Warburg Pincus LLC, filed with U.S. regulators on Thursday to raise up to $1 billion in an initial public offering...
13 Jun 2013
John Hogan, who was named chief risk officer at JPMorgan Chase & Co last year just as its London Whale trades began racking up billions of dollars of losses, may leave the company...
13 Jun 2013
The U.S. Securities and Exchange Commission charged Revlon Inc with misleading shareholders about a transaction with its controlling shareholder...
13 Jun 2013
Gannett's latest deal is an advertisement for sensible M&A. The U.S. newspaper chain's shares surged on the back of its plan to buy broadcaster Belo...
13 Jun 2013
Private equity firms are sitting on $116 billion of assets trapped in so-called zombie funds that lie dormant but still rake in fees from investors, research showed on Thursday...
13 Jun 2013
A Rhoen-Klinikum investor who opposed a takeover of the German hospitals chain will contest a shareholder vote to remove a barrier to any future deals, Rhoen said...
13 Jun 2013
Media company Gannett Co Inc said on Thursday that it agreed to pay $1.5 billion in cash to buy Belo Corp and assume $715 million in debt...
13 Jun 2013
Poland's biggest bank PKO BP is not looking for more domestic deals after its $887 million purchase of the local arm of Sweden's Nordea, it said on Thursday...
13 Jun 2013
Signs of vigour in Hong Kong's IPO market appear to have been short-lived after Hopewell Hong Kong Properties Ltd became the second firm...
13 Jun 2013
China's stock market regulator has chosen the lesser of two evils to unblock the pipeline for initial public offerings. Proposed new rules may encourage companies to price...
12 Jun 2013
U.S. regulators have opened a probe into whether a Lockheed-Boeing joint venture that launches U.S. government satellites into space has violated antitrust...
12 Jun 2013
Empire Co Ltd, the operator of Canadian grocery chain Sobeys, said it is acquiring Safeway Inc's assets in Canada for $5.7 billion, in a move that...
12 Jun 2013
Coty priced its initial public offering at $17.50 a share on Wednesday in the middle of the expected range, a source briefed on the matter said, as the maker of...
12 Jun 2013
Lundin Mining Corp said on Wednesday it had reached a deal to buy a nickel-copper project under construction in Michigan from Rio Tinto for $325 million...
12 Jun 2013
The Dole Food buyout is harvesting some fresh Delaware fruit. The offer by 90-year-old Chief Executive David Murdock to take the produce purveyor private requires...
12 Jun 2013
Royal Bank of Scotland Group Plc boss Stephen Hester will step down later this year, after the bank's board decided it wanted new leadership to oversee the sale of Britain's...
12 Jun 2013
Rhoen-Klinikum's owners unexpectedly voted to scrap a requirement for shareholders holding 90 percent of its capital to approve major strategic decisions...
12 Jun 2013
The top U.S. derivatives regulatory agency is facing a leadership shake-up just as it deals with some of the thorniest issues in its overhaul of rules for Wall Street...
12 Jun 2013
The majority of investors in the world's biggest advertising agency, WPP, on Wednesday backed a 17.6 million pound ($27.6 million) pay package for Chief Executive Martin Sorrell...
12 Jun 2013
U.S.-based Royalty Pharma sought to have an appeal heard next week over conditions attached to its hostile bid for Irish drug firm Elan that threaten to scupper the $8 billion deal...
12 Jun 2013
India's Apollo Tyres Ltd agreed to buy U.S.-based Cooper Tire & Rubber Co for about $2.5 billion in a deal that would make it the world's seventh-largest tire maker...
12 Jun 2013
After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to global banks which scaled back their...
12 Jun 2013
Glencore Xstrata has found two formidable independent directors in John Mack and Peter Grauer. The former chairman of Morgan Stanley and...
12 Jun 2013
Japan's Orix Corp said on Wednesday it has agreed to buy a 25.7 percent stake in Bahrain-based insurer Mediterranean and Gulf Insurance and Reinsurance Company B.S.C...
12 Jun 2013
A drip-drip technique sank the 5.3 billion pound ($8.3 billion) takeover of Severn Trent. The bidding consortium, LongRiver, says the target was too cold about a deal...
12 Jun 2013
Glencore Xstrata has appointed former Morgan Stanley boss John Mack as an independent director, bringing in a Wall Street heavyweight as it rebuilds the board of the recently merged company...
11 Jun 2013
Royalty Pharma, pursuing a hostile $8 billion takeover of Irish drugmaker Elan Corp Plc, moved on Tuesday to make sure it is not blocked by a potential $200 million...
11 Jun 2013
Franklin Equity Group, the biggest shareholder in RHJ International, said on Tuesday it will not support a proposal to break up the owner of private bank...
11 Jun 2013
The Chicago Board Options Exchange will pay a $6 million penalty and take "major remedial measures" to settle civil charges that it failed to properly enforce...
11 Jun 2013
Google Inc bought Israeli mapping startup Waze on Tuesday for an undisclosed sum, acquiring an online real-time mapping service to safeguard its own...
11 Jun 2013
Dole Food Co Inc, one of the world's largest producers and marketers of fruit and fresh vegetables, received an unsolicited buyout offer from Chief Executive David Murdock...
11 Jun 2013
Generali SpA Chief Executive Officer Mario Greco took another step towards meeting a 4 billion euro ($5.3 billion) disposal target, agreeing to sell out of two Mexican companies for $858 million...
11 Jun 2013
June 11 (Reuters) - Attorneys in big bankruptcy cases will soon have to make an array of disclosures on how they bill clients under new fee guidelines finalized by the U.S. Department of Justice on Tuesday.
11 Jun 2013
An overwhelming majority of shareholders in oil and gas explorer Afren voted down pay packages for its executives on Tuesday, making it the first UK-listed firm to have...
11 Jun 2013
Forest Laboratories Inc said on Tuesday it will add a representative of Carl Icahn as an independent member to its board, averting a new proxy battle with the billionaire investor...
11 Jun 2013
Apollo may be about to quadruple its money on an oil start-up. The buyout firm is taking Athlon Energy public just three years after drilling $400 million into it...
11 Jun 2013
Dubai World, the state-linked group whose $25 billion of debt brought the emirate to the brink of financial collapse in 2009, has sold one of its UK assets as part of its efforts to repay creditors...
11 Jun 2013
U.S. electric car manufacturer Miles Electric Vehicles filed for chapter 11 bankruptcy protection early on Tuesday, court documents showed, highlighting the...
11 Jun 2013
SoftBank's raised bid for Sprint Nextel is no knock-out blow. The Japanese group has tweaked its offer for a controlling stake in the U.S. telco to give...
11 Jun 2013
Australia's Virtus Health Ltd became the first in-vitro fertilisation company in the world to list, hitting the boards at a 7 percent premium to its offer price...
11 Jun 2013
British construction company Keller Group Plc said it would buy North American Energy Partners Inc's piling business for up to C$320 million ($314.1 million), as it seeks to...
11 Jun 2013
Japanese mobile operator SoftBank Corp said it agreed with Sprint Nextel Corp to raise its offer for the U.S. wireless carrier to $21.6 billion from...
10 Jun 2013
After 109 years of selling beauty products, Coty Inc is ready for its close-up, blemishes and all...
10 Jun 2013
A former Bristol-Myers Squibb Co finance executive on Monday pleaded guilty to an insider trading charge, admitting to buying stock options in a...
10 Jun 2013
Ireland's Elan has attracted the interest of a number of mid-sized drug companies and a cash offer of $15.50 per share could be enough to secure its support for a bid...
10 Jun 2013
Irish pharmaceutical companies are becoming increasingly popular takeover targets as buyers compete for benefits seen in the country's lower tax rates...
10 Jun 2013
After 109 years of selling beauty products, Coty Inc is ready for its close-up, blemishes and all...
10 Jun 2013
Japanese trading house Marubeni Corp said it will cut Gavilon's energy business out of its planned takeover of the U.S. commodity merchant, reducing the size...
10 Jun 2013
U.S. insurer Travelers Co Inc said it would buy Dominion of Canada General Insurance Co from E-L Financial Co Ltd for about $1.1 billion to boost its presence in Canada...
10 Jun 2013
Brazil's JBS SA, the world's largest meatpacker, will acquire the Seara Brasil unit of Marfrig Alimentos SA by assuming $2.75 billion of the rival's debt, the companies said on Monday...
10 Jun 2013
A former internal investigator at the U.S. Securities and Exchange Commission who claimed he was fired for trying to blow the whistle on possible misconduct...
10 Jun 2013
Delta Air Lines is expected to secure unconditional European regulatory approval to buy a 49 percent stake in Virgin Atlantic, allowing it to compete better with...
10 Jun 2013
Indian state companies ONGC Videsh Ltd and Oil India Ltd have agreed to buy a 10 percent stake in a Mozambique gas field from India's Videocon Group...
10 Jun 2013
Wal-Mart Stores Inc shareholders approved the election of all 14 director nominees at the company's annual meeting last week, but many again voted against...
10 Jun 2013
American Airlines parent AMR Corp and US Airways Group Inc, which are merging to create the world's largest carrier, said on Monday that Scott Kirby...
10 Jun 2013
EU officials are pressing Britain, Germany and France to agree a compromise over trading rules intended to plug gaps exposed by the credit crunch...
10 Jun 2013
Private equity group Doughty Hanson has sold cinema operator Vue Entertainment to two Canadian investors for 935 million pounds ($1.5 billion), cashing in on an industry...
10 Jun 2013
AstraZeneca is to buy U.S. respiratory drug specialist Pearl Therapeutics for up to $1.15 billion as Britain's second biggest drugmaker steps up a drive to rebuild its product pipeline via deal-making...
10 Jun 2013
An activist investor who has been campaigning for change at Alere Inc sent the company a letter on Monday calling for the health diagnostics and services company to...
10 Jun 2013
U.S. lender Citigroup will leave the interbank interest rate setting panel in the United Arab Emirates on June 25, reducing the size of the panel to 11 banks from 12...
10 Jun 2013
Malaysian long-haul budget carrier AirAsia X launched an up to $370 million initial public offering on Monday, seeking funds for its fleet expansion as it targets...
10 Jun 2013
British pub company Punch Taverns has proposed a new restructuring plan to reduce its debt and said trading picked-up in its third quarter...
10 Jun 2013
The executive behind Manman, one of the biggest software products of the 1970s and 1980s, has raised another $33 million for her newest company, Kenandy...
10 Jun 2013
U.S. battery maker Exide Technologies filed for Chapter 11 bankruptcy protection early on Monday, court documents showed, with the aim of...
9 Jun 2013
Brazil's JBS SA, the world's largest meatpacker, will pay as much as $3 billion in cash and assumed debt for the Seara Brasil poultry unit of rival Marfrig Alimentos SA...
9 Jun 2013
Two Thai business tycoons, one a politically connected Chinese speaker, the other the son of a street vendor, have spent $27 billion on acquisitions in...
9 Jun 2013
Decades-old laws barring foreign ownership of farmland in Iowa, Missouri and at least three other Midwest states may complicate Shuanghui International's $4.7 billion...
9 Jun 2013
The biggest-ever Chinese acquisition of a U.S. company faces hurdles in Washington from lawmakers and regulators, but in much of America, Chinese investment is quietly booming...
7 Jun 2013
The U.S. Department of Justice on Friday gave the Federal Communications Commission the green light to make its ruling on SoftBank Corp's plan to...
7 Jun 2013
Whittier Trust Co, a southern California asset management firm, and its former fund manager Victor Dosti have agreed to pay $1.68 million to settle civil regulatory charges...
7 Jun 2013
Wal-Mart Stores Inc's board approved a $15 billion stock repurchase plan, its first in two years, the world's largest retailer announced at its annual meeting on Friday...
7 Jun 2013
Shares of Textura Corp, a maker of software for the construction industry, rose as much as 68 percent in their market debut, highlighting investors' love affair with enterprise software makers...
7 Jun 2013
Video recorder pioneer TiVo Inc said it would get $490 million as settlement for a patent lawsuit against Google Inc's Motorola Mobility and others...
7 Jun 2013
Dagong has been given the green light to operate in the European Union, the Chinese rating agency's first international push to wrest market share from the "Big Three" that dominate globally...
7 Jun 2013
Business services company Equiniti will end up paying around GBP7.75m in extra interest costs over the life of a bond it was forced to relaunch this week after...
7 Jun 2013
China published draft rules on Friday to improve the transparency and pricing of initial public offerings on domestic stock markets, a move that could signal...
7 Jun 2013
Carmaker Fiat SpA does not need to take on any new debt to buy out the rest of Chrysler, Chief Executive Sergio Marchionne said on Friday, rebuffing concerns...
7 Jun 2013
Private equity-backed life insurer Partnership Assurance Group was valued at over 1.8 billion pounds ($2.8 billion)in its London market debut on Friday, after the shares opened trading at a 17 percent premium to the listing price...
7 Jun 2013
NRG Yield, a unit of power generator NRG Energy Inc, filed with U.S. regulators to raise up to $400 million in an initial public offering of class A shares...
7 Jun 2013
Forest Laboratories Inc is trying to avert yet another bitter proxy battle with billionaire investor Carl Icahn ahead of its annual investor meeting this summer...
7 Jun 2013
Spain's CaixaBank has sold a 3.7 percent stake in Carlos Slim's Grupo Financiero Inbursa for 387 million euros ($511 million) to the Mexican billionaire's family, part of a move to shed assets and shore up capital...
7 Jun 2013
Alpine, the Austrian unit of Spanish construction group FCC, needs more bridge financing from creditors and has drawn up a new business plan given delays in planned asset sales, it said...
7 Jun 2013
Royalty Pharma's $6.4 billion bid for Irish drug firm Elan had been accepted by just 7.5 percent of the target company's shareholders before the U.S. investment firm extended the closing date by just over two weeks on Thursday...
7 Jun 2013
China's Huawei Technologies Co Ltd should not have been allowed to become embedded in Britain's critical communications network infrastructure without the knowledge and scrutiny of ministers, lawmakers said on Thursday...
6 Jun 2013
Royalty Pharma received a blow in its battle to take over Irish drug firm Elan on Thursday after a ruling on conditions attached to the U.S. company's hostile bid...
6 Jun 2013
TD Ameritrade Holding sees little opportunity to buy other companies with its ample cash but will likely return some of it to shareholders in the form...
6 Jun 2013
NEW YORK, June 6 (Reuters) - Wall Street's industry-funded regulator, which usually looks over the shoulders of brokers, is about to examine its own work more carefully as it prepares a review of whether its rules make sense for all firms.
6 Jun 2013
Qatar stepped in with $7.1 billion of financial support for its ailing property firm Barwa Real Estate on Thursday, buying some key assets to help the company reduce its debt pile...
6 Jun 2013
U.S. regulators have obtained a court order freezing the assets of a Thailand-based trader, saying he reaped $3.2 million in illegal profits after getting a tip...
6 Jun 2013
Media General Inc and privately held New Young Broadcasting Holding Co Inc said they will combine in an all-stock deal to form a new TV broadcasting company...
6 Jun 2013
Devon Energy Corp on Thursday said it plans to form a publicly-traded master limited partnership (MLP) for its U.S. natural gas gathering and processing assets...
6 Jun 2013
Shares of LightIn The Box Holdings Co Ltd rose as much as 32 percent in their debut, valuing the company at about $600 million, as investors show renewed interest in Chinese stocks...
6 Jun 2013
Canadian telecommunications startup Public Mobile said on Thursday that it was acquired by venture capital firm Thomvest Seed Capital and private equity firm...
6 Jun 2013
The chief executive of Britain's largest clothing retailer Marks & Spencer saw his overall remuneration package fall by a third in 2012-13, a year when...
6 Jun 2013
Volaris Aviation Holding Co, operator of low-cost Mexican airline Volaris, filed with U.S. regulators to raise up to $100 million in an initial public offering of American Depository Shares...
6 Jun 2013
Britain's accounting watchdog has backed down from requiring auditors to make long-term predictions about whether companies will stay in business...
6 Jun 2013
People who want to keep up with "Siberian Advances in Mathematics" and the "American Journal of Potato Research" must pay up for the privilege. Costly journal subscriptions...
6 Jun 2013
Shareholders should vote for change at Kleinwort Benson owner RHJ International. A group of hedge funds have launched a credible attack on the company. RHJ hasn't delivered...
6 Jun 2013
European Union regulators published guidelines on Thursday to stop banks rigging Libor and other market benchmarks in an interim measure before a more far-reaching EU law comes in...
6 Jun 2013
Private equity group CVC Capital Partners will sell at least 23.5 percent of its stake in Belgian postal operator bpost at between 12.5 and 15 euros per share, it said in a newspaper advertisement published on Thursday...
5 Jun 2013
China's financial centre Shanghai expects to gain approval soon to open a free trade zone that will test yuan convertibility and cross-border capital flows, the official Shanghai Securities News reported on Thursday....
5 Jun 2013
European business software maker SAP AG has bought Swiss software developer hybris to expand its customer management platform, taking on Salesforce.com and...
5 Jun 2013
AT&T Inc has sold 7 percent of its holding in Latin American telecommunications company America Movil or 540 million shares, according to a filing with U.S. regulators on Wednesday...
5 Jun 2013
Shareholders in French directories company Pages Jaunes on Wednesday resoundingly rejected activist investor Guy Wyser-Pratte's attempt...
5 Jun 2013
The U.S. Treasury Department on Wednesday announced plans to sell 30 million shares of General Motors Co common stock as part of its ongoing effort...
5 Jun 2013
Dell's board special committee has neatly painted investors into a corner. In a new presentation, the group evaluating offers for the company has shown...
5 Jun 2013
ProShares has filed with the U.S. Securities and Exchange Commission to launch a number of exchange-traded funds backed by credit default swaps...
5 Jun 2013
A Dell Inc special committee challenged Carl Icahn on Wednesday, saying the activist investor is almost $4 billion short of the cash needed to fund his...
5 Jun 2013
Shareholders of JKX Oil and Gas re-elected Chief Executive Paul Davies as a director, giving the company a victory over its two largest investors...
5 Jun 2013
A slice of the $2.6 trillion money market fund industry would be required to fundamentally change how they price their shares in an effort to reduce the risk of abrupt...
5 Jun 2013
Shareholders in Kazakh miner ENRC staged a muted rebellion on Wednesday, as they sought to rein in the board's powers to sell and buy stock even...
5 Jun 2013
Canada's Penn West Petroleum Ltd named a former Marathon Oil Corp executive as CEO and said it would slash its dividend, cut 10 percent of...
5 Jun 2013
Athlon Energy Inc, backed by Apollo Global Management LLC, filed with U.S. regulators to raise up to $345 million in an initial public offering of its common stock...
5 Jun 2013
A firm owned by Ukraine's richest businessman Rinat Akhmetov said on Wednesday it was buying the former Soviet republic's main fixed-line operator Ukrtelecom from...
5 Jun 2013
Construction and fertiliser group OCI N.V. plans to sell a minority stake in a methanol and ammonia plant in the United States in an initial public offering (IPO) in the second half of 2013, it said on Wednesday...
5 Jun 2013
Fish farmer Marine Harvest has eased the conditions of its hostile $1.7 billion bid for rival Cermaq, signalling it would take a minority stake if it is unable to win over a majority of shareholders...
5 Jun 2013
Simon Nixon, the founder of price comparison site Moneysupermarket.Com, is selling a near 15 percent stake in the group, after moving to a non-executive role in April...
5 Jun 2013
German academic publisher Springer Science+Business Media [SPSBM.UL] aims to raise about 760 million euros ($993 million) in a share offering, the second German company this week to announce flotation plans...
5 Jun 2013
Indonesian billionaire Chairul Tanjung has agreed to buy an 80 percent stake in the country's second-biggest pay-TV operator, Telkomvision, heating up competition in the emerging pay television market currently controlled by another tycoon, Harry Tanoesoedibjo...
4 Jun 2013
Asia's tycoons are taking a page from the leveraged buyout manual. Shuanghui's$4.7 billion takeover of U.S. pork producer Smithfield, like recent deals in...
4 Jun 2013
Sprint Nextel Corp shareholders should not vote on SoftBank Corp's takeover bid on June 12 as Dish Network's rival $25.5 billion offer was still being reviewed...
4 Jun 2013
International Business Machines Corp said on Tuesday that it would acquire database Web hosting company SoftLayer Technologies and create a new division for clients interested in cloud services...
4 Jun 2013
Fiat has launched the first part of a three-stage multi-billion euro financing package, seeking to refinance loans taken out by Fiat and Chrysler...
4 Jun 2013
American Airlines' bankrupt parent received court permission on Tuesday to send its restructuring plan to creditors for a vote, bringing its planned $11 billion merger with...
4 Jun 2013
Canada rejected the transfer of Mobilicity's wireless spectrum licenses to Telus Corp on Tuesday, effectively blocking its acquisition of the struggling startup...
4 Jun 2013
Mexican retailer Grupo Gigante on Tuesday said it purchased the 50 percent stake of the Mexican unit of U.S. office-supply store chain Office Depot Inc it...
4 Jun 2013
Salesforce.com Inc, the biggest maker of online sales management tools, said it would pay $2.5 billion for marketing software maker ExactTarget...
4 Jun 2013
International Business Machines Corp said on Tuesday that it would acquire database Web hosting company SoftLayer Technologies and create a new division for clients interested in cloud services...
4 Jun 2013
Italy's biggest insurer Generali said on Tuesday that it had agreed to sell its U.S. life reinsurance business to France's Scor for total proceeds of $920 million as part of its strategy to shed non-core assets...
4 Jun 2013
Two companies linked to Chinese state-backed groups are weighing rival bids for Glencore Xstrata PLC's roughly $5 billion worth of copper mines in Peru, people familiar with the matter told Reuters...
4 Jun 2013
A UBS AG hedge fund agreed to pay a fine of $5.3 million to settle a charge that one of its units bought stocks in public offerings that an...
4 Jun 2013
Dutch grocer Ahold quadrupled the size of its planned share buyback to 2 billion euros ($2.61 billion) on Tuesday as it rewarded shareholders with most of the gains from the sale of a stake in Nordic group ICA...
3 Jun 2013
Continental Grain Co, the largest shareholder in Smithfield Foods Inc, said on Monday it would sell its entire stake in the world's biggest pork producer, preventing...
3 Jun 2013
U.S. regulators on Monday proposed designating American International Group Inc, Prudential Financial Inc and GE Capital for heightened regulatory oversight...
3 Jun 2013
U.S.-based investment firm Royalty Pharma is unable to go ahead with its hostile $6.4 billion bid for Irish drug firm Elan for now, following a New York court ruling...
3 Jun 2013
The catch-and-release technique could get Pfizer off the hook. The U.S. pharmaceuticals giant bought Esperion Therapeutics almost a decade ago for $1.3 billion, but then...
3 Jun 2013
Sprint Nextel Corp on Monday attacked Dish Network Corp's competing bid for Clearwire Corp, saying it violates previous agreements and contains some illegal provisions...
3 Jun 2013
U.S. real estate investment trust Mid America Apartment Communities Inc said it would buy rival Colonial Properties Trust for about $2.17 billion to expand in...
3 Jun 2013
NEW YORK, June 3 (Reuters) - Ketchup maker Heinz Co <HNZ.N> said on Monday it has received all regulatory approvals needed to sell itself to Warren Buffett's Berkshire Hathaway Inc <BRKa.N> and Brazilian financier Jorge Paulo Lemann's private equity firm 3G Capital.
3 Jun 2013
TORONTO, June 3 (Reuters) - Fairfax Financial Holdings Ltd <FFH.TO> said on Monday it has agreed to acquire American Safety Insurance Holdings Ltd <ASI.N> for roughly $306 million, in a move aimed at expanding its insurance operations in certain specialty lines.
3 Jun 2013
American Realty Capital Trust IV (ARCT) said it would buy a portfolio of retail properties from General Electric Co's financial arm for $1.45 billion as it looks to cut its dependence on its top 10 tenants...
3 Jun 2013
Industrial groups go through a time of strength, a time of privilege and a time of vanity, the late Italian entrepreneur and Fiat Chairman Giovanni Agnelli once...
3 Jun 2013
European regulators will clamp down on "pay-for-delay" deals in the pharmaceutical sector this month, fining Denmark's Lundbeck and eight other...
3 Jun 2013
The United Arab Emirates is merging its two flagship state aluminium firms to create the world's fifth largest aluminium company with an enterprise value of $15 billion...
2 Jun 2013
China National Building Material Co Ltd and Bank of Dalian have ditched their plans to list shares domestically, highlighting the impact of Beijing's suspension of initial public offerings...
2 Jun 2013
Western Potash Corp said on Sunday that joint-venture company CBC Holding Corp has agreed to make a strategic investment in the Canadian junior miner...
1 Jun 2013
Proxy advisory firm Institutional Shareholder Services said that Sprint Nextel shareholders should vote for SoftBank Corp's proposed $20.1 billion purchase of...
1 Jun 2013
Japanese trading house Mitsubishi Corp plans to acquire a majority stake in Brazilian grain company Los Grobo Ceagro do Brasil in a deal worth about...