CHICAGO Peabody Energy Corp's plan to emerge from Chapter 11 bankruptcy faces a "material risk" that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world's largest coal mine, according to an objection filed to its reorganization plan.
A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.
MEXICO CITY Jose Cuervo, the world's biggest tequila producer, is planning a Feb. 8 pricing for its delayed initial public offering (IPO) in a bid to raise up to $1 billion, two sources familiar with the matter said on Monday.
SAO PAULO Former shareholders of Brazil's CPFL Energia SA have handed over ownership of their stakes to State Grid Corp of China on Monday, which will automatically trigger a buyout of minority stakeholders, a person familiar with the matter said.
CHICAGO U.S. oilfield services company Forbes Energy Services Ltd said it expected to "promptly" emerge from bankruptcy after filing a Chapter 11 plan on Monday with a prepackaged deal to exchange $280 million of debt for equity.
WILMINGTON, Del. A Delaware court revived an investor lawsuit against Energy Transfer Partners over its $11 billion acquisition of Regency Energy Partners in a case focused on protections for investors in master limited partnerships.
U.S. wireless carrier Sprint Corp said on Monday it would buy 33 percent of Tidal, a music streaming service owned by rapper Jay Z, marking a move to more content driven services in a highly competitive wireless market.
FRANKFURT Acquisitive Chinese conglomerate HNA is in final talks over the purchase of Hahn airport in western Germany, the airport's state owners said on Monday.
Consumer goods packaging company Silgan Holdings Inc said it would buy WestRock Co's business that makes soap dispensers and perfume sprayers for about $1 billion.
AMC Entertainment Holdings Inc , the No. 1 U.S. theater operator, said it would buy Nordic Cinema Group, the largest cinema chain in the Nordic and Baltic countries, for the equivalent of $929 million in cash.
Minnesota Governor Mark Dayton collapsed on Monday while delivering his state-of-the-state address to legislators in St. Paul, but aides said afterward that Dayton quickly recovered from what they described as a fainting spell and returned home.