NEW YORK Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant.
SAO PAULO Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands-based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization.
Florida-based EverBank Financial Corp is exploring a sale after receiving interest from a potential buyer, Bloomberg reported on Monday, citing people familiar with the matter.
Outerwall Inc , the owner of Redbox video rental kiosks, said it had agreed to be taken private by affiliates of private equity firm Apollo Global Management LLC in a deal valued at about $1.6 billion.
FRANKFURT Chemicals groups Umicore and Sinochem are among the groups interested in German surface finishing and metal plating company Atotech, put on the block by France's oil giant Total , people close to the matter said.
E*Trade Financial Corp said it would buy the parent of online brokerage OptionsHouse for $725 million in cash, as the company looks to better compete in derivatives trading.
LONDON/PRAGUE U.S. and European buyout funds are gearing up for SABMiller's sale of its central and eastern European beer brands, with some seeking to join forces to snap up assets worth up to 7 billion euros ($7.7 billion), sources familiar with the matter said.
SunEdison Inc's unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company.
PARIS French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million.
LONDON Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady flow of deals since Britain voted to leave the European Union and defying expectations of an M&A drought.
Mega-donors gave millions to back the White House candidates of their choice. It didn't go quite as planned.