(Reuters) -PayPal Inc is not pursuing an acquisition of Pinterest Inc at this time, the payments company said on Sunday, responding to media reports that it was in talks to buy the digital pinboard site for as much as $45 billion.
Italy's government and UniCredit have called off negotiations over the sale of ailing Banca Monte dei Paschi(MPS), the Italian lender and Italy's Ministry of Economy and Finance said in a joint statement on Sunday.
Telstra Corp Ltd said on Monday it agreed to buy the Pacific operations of telecom firm Digicel Group in a $1.6 billion deal largely funded by the Australian government and seen as a way to block China's rising influence in the region.
MELBOURNE (Reuters) -Origin Energy Ltd agreed to sell a stake of 10% in the Australia Pacific LNG project for A$2.12 billion ($1.58 billion) to investor EIG Partners, in the world's first deal involving private equity in an operating integrated LNG project.
(Reuters) -An investor group led by Canadian real estate company Canderel has agreed to take Cominar REIT private in a C$2.14 billion ($1.73 billion) deal, as it looks to expand its presence in Montreal, Quebec City and Ottawa.
Geely-owned Volvo Cars set a fixed price of 53 crowns ($6.2) per share for its planned listing on Monday - the low end of its previously announced range - and said it would scale back the size of the initial public offering (IPO).
SINGAPORE/LONDON (Reuters) -HSBC Holdings reported a surprise 74% rise in third quarter profit as it shrugged off concerns about pandemic-related bad loans and property problems in its key market of China, allowing it to announce a share buyback of $2 billion.
U.S. private equity firm Advent International and Singapore's sovereign wealth fund are extending their $8 billion bid for Swedish drugmaker Orphan Biovitrum (SOBI).
BERLIN (Reuters) -German online pet shop chain Zooplus said on Monday U.S. private equity company Hellman & Friedman has partnered with EQT Private Equity to sweeten its final voluntary tender offer for Zooplus to 480 euros ($558.62) per share.
QatarEnergy has signed a deal for a 40% stake in one of ExxonMobil’s major offshore explorations in Canada, the Qatar state-owned oil and gas firm said on Sunday.
U.S. Democrats are expected to unveil a tax plan on Monday that would seek to raise hundreds of billions of dollars from the country's roughly 700 billionaires to help pay for expanding the social safety net and tackling climate change.