- Johnson & Johnson plans to seek a buyer for its medical device maker business, Cordis Corp, The Wall Street Journal reported citing people familiar with the matter.
BRUSSELS - U.S. cable TV provider Liberty Global will gain EU antitrust approval to acquire Ziggo on condition it sells a pay TV channel and doesn't block rivals from its internet network, two people familiar with the matter said on Thursday.
MOSCOW - Russia's Economy Minister said on Tuesday that preparations to sell a part of the state's stake in Rosneft, the world's top oil producer by output, are under way and it could be sold in two tranches, RIA Novosti news agency reported.
Wed, Aug 27 2014
RIO DE JANEIRO/PARIS - Brazil’s Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country’s second-biggest wireless carrier and upstaging merger bids by foreign rivals.
- Oak Hill Capital Partners LP, the private equity owner of restaurant and arcade chain Dave & Buster's Inc, is considering raising a smaller fund than its previous $3.8 billion flagship buyout fund, according to people familiar with the matter.
- Roche Holding AG's planned $8 billion purchase of InterMune Inc is centered around hopes for blockbuster sales of its lung drug, but the smaller company's development pipeline may end up giving the Swiss drugmaker a far bigger bang for its buck.
MILAN - Telecom Italia, Italy's biggest phone group, said in a statement on Wednesday it had not been contacted by Brazil's Grupo Oi over its plans to take over Telecom Italia's local unit TIM Participacoes.
LONDON - Shares in British online fashion retailer ASOS , which have fallen sharply in recent months after profit warnings and a warehouse fire, jumped on Wednesday on an unconfirmed report of a U.S. bid for a stake in the business.
FRANKFURT - Helaba [HLHTG.UL], the German landesbank, has unveiled a joint venture with U.S. banking group BNY Mellon and the country's 25 largest savings banks to help corporate customers to expand foreign trade with Asia.
Tue, Aug 26 2014
- DBRS Ltd, the privately held credit rating agency that competes with Standard & Poor's Financial Services LLC, Moody's Corp and Fitch Ratings Inc, is exploring a sale, according to people familiar with the matter.
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.