Deals - Europe Headlines

AstraZeneca CEO says new Pfizer bid unlikely: Swedish daily DI

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STOCKHOLM - U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca, the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.

8:10am EST

Spain's Ferrovial to raise offer for Australia's Transfield: report

MADRID - Spanish infrastructure group Ferrovial plans to raise its full takeover offer for Australia's Transfield Services Ltd, daily financial newspaper Expansion reported on Saturday, citing unnamed sources.

6:14am EST

Fri, Dec 19 2014

U.S. judge rejects HP settlement in Autonomy shareholder case

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SAN FRANCISCO - A federal judge on Friday rejected Hewlett-Packard Co's proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.

Cirque du Soleil hires Goldman Sachs to look for partner

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- Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday.

19 Dec 2014

China's Fosun raises offer for Club Med

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PARIS - Chinese billionaire Guo Guangchang sweetened his bid for struggling Club Mediterranee at the last minute on Friday, trumping a 24 euro-a-share offer from Italian tycoon Andrea Bonomi in France's longest-running takeover battle.

Deals, Italy 19 Dec 2014

Roche says agrees to buy Bina Technologies for undisclosed price

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ZURICH - Swiss drugmaker Roche said on Friday it had agreed to buy privately-held Bina Technologies for an undisclosed price, the company's second acquisition in two days.

19 Dec 2014

Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 billion

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BANGKOK - Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. competitor Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.

Deals, Thailand 19 Dec 2014

Bangkok Bank, SCB to offer $1.5 billion loan for Thai Union's Bumble Bee buy

BANGKOK - Bangkok Bank PCL and Siam Commercial Bank (SCB) will offer a $1.51 billion bridge loan to Thai Union Frozen Products to finance the purchase of U.S. tuna firm Bumble Bee Seafoods, executives from the two banks said.

19 Dec 2014

Thai TUF may need to raise equity after debt-fueled Bumble Bee buy-CEO

BANGKOK - Thai Union Frozen Products PCL (TUF) may need to raise equity capital to lower its debt-to-equity ratio after a $1.5 billion acquisition of U.S. tuna producer Bumble Bee Seafoods, the company's chief executive said on Friday.

19 Dec 2014

Alstom shareholders back 12.35 billion euro sale of power arm to GE

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PARIS - Alstom shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric and refocus on its smaller rail arm.

19 Dec 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.