Russian telecoms group Vimpelcom (VIP.O) is in talks with Asia's Hutchison Whampoa (0013.HK) about merging their mobile phone businesses in Italy as a joint venture, Vimpelcom Chief Executive Jean-Yves Charlier said on Wednesday.
Deals
SMBC, DBJ to take combined 33.4 percent stake in Skymark: sources
Sumitomo Mitsui Banking Corp and the Development Bank of Japan are set to take a combined 33.4 percent stake in bankrupt budget carrier Skymark Airlines Inc (SKALF.PK), giving them veto power over major decisions, sources familiar with the plan said.
Chinese car hire app Yidao Yongche hints at Uber tie-up
Chinese private car hire app Yidao Yongche has hinted at a tie-up with Uber Technologies Inc, the controversial $40 billion U.S. taxi-hailing firm which has repeatedly hit regulatory roadblocks in China, the world's largest smartphone market.
Netflix in talks with Jack Ma-backed Wasu to enter China: Bloomberg
Video streaming company Netflix Inc (NFLX.O) is in talks with Jack Ma-backed Wasu Media Holding Co 000156.SZ and other potential partners to enter China's booming online video market, Bloomberg reported, citing people familiar with the matter.
Russia wants 1.163 billion euros from France for ending Mistral deal: source
Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for cancelling a contract to deliver two Mistral helicopter carriers, a Russian source close to the negotiations said on Friday.
Latest News
Toyota Motor Corp (7203.T) and Mazda Motor Corp (7261.T) announced plans for a long-term partnership that would go deeper than existing project-based ties as the industry faces escalating costs and technical challenges including environmental and safety requirements.
Brazilian telecom group Oi SA (OIBR3.SA) is reconsidering the sale of its African assets as relations improve with an estranged partner, Chief Executive Bayard Gontijo said on Monday.
Malaysian gaming firm Genting Malaysia Bhd's (GENM.KL) indirect unit Resorts World Ltd has offered to sell its 17.81 percent equity stake in Genting Hong Kong Ltd (0678.HK) for at least 1.7 billion ringgit ($469.74 million) in cash.
Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content.
General Electric Co (GE.N) said on Monday for the first time it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of France's Alstom (ALSO.PA).
Oil and natural gas producer Noble Energy Inc (NBL.N) said it would acquire Rosetta Resources Inc (ROSE.O) for about $2 billion in stock, highlighting a consolidation being driven by a steep fall in global oil prices.
Dutch grocer Ahold (AHLN.AS) and Belgian rival Delhaize (DELB.BR) are exploring a potential tie-up, a source familiar with the matter said, sending their shares soaring, though analysts were split over the merits of any deal.
An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could face a major courtroom test as soon as Monday, when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker.
Finnish home and garden products company Fiskars (FIS1V.HE) said it was buying china and glass maker WWRD for $437 million to put more focus on luxury brands and boost growth in the United States.
