Deals - Europe Headlines

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.

3:54pm EST

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 1:15pm EST

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.

11:54am EST

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 11:47am EST

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.

11:47am EST

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.

11:47am EST

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.

7:06am EST

BlackBerry closes acquisition of Germany's Secusmart

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TORONTO - BlackBerry Ltd said Friday it has completed its acquisition of Secusmart, a privately held firm that specializes in voice and data encryption.

Deals, Tech 7:03am EST

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

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

5:42am EST

German insurer Talanx buys Chilean rival to counter slow Europe

FRANKFURT - Germany's third-largest insurer Talanx has agreed to buy a majority stake in Chilean rival Inversiones Magallanes, a $220 million deal that pushes the group further into growing markets to offset a stagnant European economy.

Deals, Germany 5:00am EST
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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.