Deals
Activist investors seek overhaul of property portfolio of British grocery chain Wm Morrison- report
Activist investors like Elliott Associates are seeking for an overhaul of the property portfolio of Wm Morrison, the fourth largest supermarket chain in Britain, the Financial Times reported.
Report says Australia's Telstra Corp in talks to divest Sensis in $2.7B deal
A report from the Australian Financial Review said Telstra Corp, the largest phone company in Australia, is already in the advanced stages of talks with a private equity firm to sell Sensis in a deal worth $2.7 billion, Reuters reported.
Lawmaker looks to stop bond sales for California's high-speed rail system
Assemblyman Jeff Gorell has proposed to put a measure before California's voters to halt bond sales to finance the state's high-speed rail system, Reuters reported.
Pimco Total Return increases US government holdings amid loss- report
Pimco Total Return Fund, the biggest bond fund in the world, increased its US government-related holdings in December to 45% from 37% in November, Reuters reported.