ZURICH - A majority of Swiss voters are against the purchase of 22 Gripen fighter jets from Swedish defense firm Saab , a poll showed on Sunday, raising the possibility that a popular vote due in May could scupper the $3.4 billion deal.
LONDON - The private equity owner of new British bank Aldermore has hired Credit Suisse and Deutsche Bank to prepare it for a listing that could value it at 800-900 million pounds ($1.33-1.5 billion), Britain's Sunday Times newspaper reported.
HONG KONG - Chinese e-commerce giant Alibaba Group Holding Ltd has decided to hold its long-awaited IPO in the United States and is in discussions with six banks to underwrite the deal, in what is set to the most high-profile public offering since Facebook Inc's listing nearly two years ago.
HONG KONG - Alibaba Group Holding Ltd is working with six banks to lead its planned U.S. initial public offering, sources said on Sunday, in a huge coup that should yield millions of dollars in fees and catapult them in league table rankings.
Sat, Mar 15 2014
MILAN - Italian insurer Unipol agreed on Saturday to sell assets with premiums worth about 1.1 billion euros ($1.53 billion) to Germany's Allianz , a move it said would allow it to comply with Italian regulators.
STOCKHOLM - Swedish medical technology firm Getinge will steer clear of acquisitions in the near term as it fixes problems at its manufacturing sites, its chief executive said.
Fri, Mar 14 2014
- India's billionaire Ruia family stuck to the 70 pence per share it indicated earlier for buying out the minorities in its London-listed Essar Energy Plc , an offer slammed again by the company's independent committee.
PARIS - Vivendi will enter three weeks of exclusive talks with cable group Numericable in an effort to finalize 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. | Video
MADRID - A consortium led by Spain's Sacyr has signed a deal to complete work on widening the 100-year-old Panama Canal, it said on Friday, settling a long-running dispute over cost overruns that had put the multi-billion-dollar project in jeopardy.
PARIS - Nissan and Daimler have agreed on plans for a 50-50 Mexican joint venture designed to produce future vehicle models for their Infiniti and Mercedes-Benz brands, a person with knowledge of the matter said on Friday.
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.