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Exclusive: CBS, Viacom controlling shareholder to call on companies to merge - sources


National Amusements Inc (NAI), the controlling shareholder of CBS Corp and Viacom Inc , is preparing to call on the two media companies to explore a merger, two people familiar with the matter said on Wednesday.

EU warns Deutsche Boerse, LSE deal could harm competition 10:52am EDT

BRUSSELS/FRANKFURT EU antitrust regulators warned on Wednesday that Deutsche Boerse's proposed $28 billion merger with the London Stock Exchange could hinder competition in key financial market activities.

SABMiller investors cheer $100 billion-plus AB InBev takeover 9:21am EDT

LONDON/BRUSSELS SABMiller shareholders overwhelmingly backed the brewer's $100 billion-plus takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history.

China's COSCO Shipping may consider buying Hanjin Shipping's port assets: Caixin 8:00am EDT

BEIJING China's COSCO Shipping Co Ltd may consider buying the port assets of troubled South Korean firm Hanjin Shipping Co Ltd, Chinese online finance magazine Caixin reported on Wednesday.

Monsanto ally Novozymes sees opportunity, risk in Bayer merger 8:13am EDT

LONDON Novozymes , already grappling with the consequences of low oil and crop prices, is watching anxiously to see what Bayer's purchase of Monsanto will mean for the Danish group's ties with its key agricultural partner.

Wal-Mart in talks to buy stake in India's Flipkart: sources 8:31am EDT

HONG KONG/MUMBAI Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market.

SolarCity names Radford Small CFO 9:50am EDT

Solar panel installer SolarCity Corp , which is in the process of being bought by Tesla Motors Inc , named Radford Small chief financial officer, replacing Tanguy Serra.

Northland Power could be taken private in strategic review: CFO 11:13am EDT

HAMBURG, Germany Canadian power group Northland Power could be taken private, sold to a strategic investor or remain a stock-market listed entity, its chief financial officer said, as the group is in the middle of a major business review.

Detroit auto supplier buys Takata automotive interiors unit 9:19am EDT

DETROIT Detroit automotive supplier Piston Group said on Wednesday it has finalized the purchase of Takata Corp's vehicle interiors subsidiary, Irvin Automotive, which will raise Piston's annual revenue to $1.8 billion from $1.3 billion.

Some municipal shareholders in Germany's RWE won't take part in Innogy listing 11:01am EDT

DUESSELDORF, Germany Some of RWE's cash-strapped municipal shareholders will not take part in the initial public offering of Innogy, the German utility's healthy assets that will be listed next week.