Energy Transfer Equity LP confirmed it had made a $48 billion unsolicited bid for natural gas pipeline company Williams Companies Inc, hours after Williams rejected the offer as significantly too low.
Deals
FedEx says has requested EU approval for $4.9 billion TNT bid
FedEx (FDX.N) has asked the European Union's competition regulator to approve its 4.4-billion-euro ($4.9 billion) bid for Dutch rival TNT Express (TNTE.AS), the U.S. package delivery service company.
Fiat Chrysler CEO says long way from lobbying GM investors
Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) is a long way from making any offer to the shareholders of U.S. rival General Motors (GM.N) over a possible tie-up, FCA Chief Executive Sergio Marchionne said on Wednesday.
Ethanol unit sale by Brazil's Petrobras hits snag: sources
Plans by Brazil's Petrobras to sell its stake in ethanol and sugar producer Guarani SA have hit a snag as the state-run oil company has not been offered enough money for the asset, two sources with direct knowledge of the matter said.
Fortum says talks with Russian firms over Fennovoima stall
Finnish utility Fortum (FUM1V.HE) said on Wednesday it has failed so far to reach a deal with Russia's Gazprom (GAZP.MM) and Rosatom on assets swap in Russia to allow it to take stakes in Fennovoima nuclear power plant project.
Latest News
European private equity fund CVC and Singaporean sovereign wealth fund Temasek [TEM.UL] are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said.
U.S. health insurer Anthem Inc (ANTM.N) said on Saturday it had offered $47 billion in cash and stock for smaller rival Cigna Corp (CI.N), signaling a pick-up in the industry's long-awaited consolidation.
Airbus (AIR.PA) won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.
Drugstore operator CVS Health Corp (CVS.N) will buy Target Corp's (TGT.N) pharmacies and clinics in a $1.9 billion deal that should help it bargain with drug makers for lower prices, while freeing Target from a costly business where it struggled to make a profit.
German retailer Metro AG (MEOG.DE) will not compromise on price for a sale of its department store chain Kaufhof and other factors such as solid financing will also be important in the decision, Finance Chief Mark Frese was quoted as saying.
The chief executive of Henkel & Co KGaA AG (HNKG_p.DE) poured cold water on speculation the consumer goods maker was preparing to buy hair care firm Wella from Procter & Gamble Co (PG.N), saying his company didn't need big acquisitions to grow.
BlackRock Inc (BLK.N), the world's largest asset manager, has agreed to buy a Mexican infrastructure investment fund that financed projects for a contractor at the center of a scandal which embroiled President Enrique Pena Nieto.
The boards of oil company Cairn India and its parent Vedanta Ltd will meet on Sunday, Cairn said, to discuss what could be a potential merger of the company with its parent, the operating unit of London-listed mining and energy group Vedanta Resources Plc.
Shares of Wingstop Inc (WING.O), a Dallas-based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million.
