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Deals Headlines

Linde-Praxair merger hits antitrust hurdle; talks continue

Linde warned that divestments needed to secure approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the deal, but added it was in constructive talks to salvage the $83 billion merger.

Deal-hungry investment bankers walk Tesla tightrope

Tesla Inc Chief Executive Elon Musk's contemplated $72 billion take-private deal is presenting investments bankers with a dilemma: heed concerns about how feasible it is or risk missing out on what could be this year's biggest and most high-profile acquisition.

Australia's TPG Telecom eyes Vodafone deal, shares soar

Australia's TPG Telecom Ltd said on Wednesday it was looking into a merger deal with rival Vodafone, a move that could provide a faster and cheaper entry into the mobile network market while tempering competition in the cut-throat industry.

United Airlines sees deal soon on Latin American joint ventures

United Continental Holdings Inc is eying joint ventures with three Latin American carriers in the near future, but a deal would not immunize the U.S. airline from the "ups and downs" of the region's volatile market, President Scott Kirby said on Tuesday.

Serta Simmons to merge with Tuft & Needle

Mattress maker Serta Simmons Bedding LLC will merge with Tuft & Needle as the two companies look to take on stiff competition from cheaper Chinese products in the U.S. market.


Cohen testifies Trump told him to commit crime by paying off women

NEW YORK U.S. President Donald Trump's former personal lawyer Michael Cohen testified on Tuesday that Trump had directed him to commit a crime by arranging payments ahead of the 2016 presidential election to silence two women who said they had affairs with Trump. | Video