Warren Buffett takes 3 percent stake in Germany's Lanxess
FRANKFURT Lanxess disclosed on Monday that Berkshire Hathaway , the conglomerate run by billionaire Warren Buffett, had acquired a 3 percent stake in the German chemicals maker.
LONDON Vodafone (VOD.L) said it will look at listing its Indian unit once it resolves a more than $2 billion tax dispute with the country's government.
Vittorio Colao, chief executive of the British mobile operator, said on Tuesday that he would definitely consider an IPO of the business in India once the tax case was settled.
Vodafone, the biggest corporate investor in India, has been fighting a tax demand from Indian authorities over its 2007 acquisition of mobile assets in the country.
(Reporting by Kate Holton, Writing by Paul Sandle, Editing by Sarah Young)
BRUSSELS EU antitrust regulators approved on Monday French utility EDF's planned takeover of the nuclear reactors business of Areva , confirming a Reuters report earlier this month.
AMSTERDAM A Dutch court on Monday rejected a request by Akzo Nobel investors for it to take immediate action against the company over its rejection of a takeover bid by U.S. rival PPG Industries , handing the Dutch company a victory in its efforts to repel the U.S. firm's 25 billion euro ($28 billion) proposed offer.