Fri, Mar 14 2014
March 14 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
NEW YORK, March 14 (IFR) - Merger and acquisition activity is finally heating up in the US, with a flurry of leveraged deals announced or rumoured in the past fortnight, but so far it is loans, not bonds, that are the biggest beneficiaries.
* Drilling segment valued at around 4.5 bln euros -analyst
NEW DELHI, March 14 - India's Supreme Court on Friday ordered Nokia to give a 35 billion rupee ($572.5 million) guarantee before it transfers one of its biggest handset plants to Microsoft Corp.
PARIS, March 14 - Vivendi will enter three weeks of exclusive talks with cable group Numericable in an effort to finalise a deal to sell its telecom unit SFR for 11.75 billion euros ($16.4 billion) in cash, plus a stake in the resulting business.
BRUSSELS, March 14 - EU regulators have approved U.S. food packager Crown Holdings' purchase of Spanish food can maker Mivisa Envases, the European Commission said on Friday.
NEW YORK, March 14 - Berkshire Hathaway chairman and chief executive Warren Buffett said on Friday that his firm had eliminated most of its catastrophe insurance business in the United States.
LONDON, March 14 (IFR) - Bank of America Merrill Lynch has hired Laurent Guyot as a managing director of financial institutions group debt capital markets from UBS as it seeks to fill a void that has developed from a number of key departures in recent weeks.
MOSCOW, March 14 - Crimea may sell Ukrainian energy firm Chornomornaftohaz to a Russian company "like Gazprom" once the regional authorities take control of it, Interfax news agency quoted a Crimean official as saying on Friday.
PARIS, March 14 - France's industry minister Arnaud Montebourg said on Friday he believed media group Vivendi preferred the offer made by cable group Numericable for its SFR telecoms business over that proposed by conglomerate Bouygues.
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.