Fosun International Ltd (0656.HK), an investment company controlled by Chinese billionaire Guo Guangchang, said it had offered to buy the 80 percent it does not already own in U.S. insurer Ironshore Inc (IRSH.N) for $1.8 billion.
Deals
Microsoft has no plans to pursue Salesforce - sources
Microsoft Corp (MSFT.O) currently is not weighing an offer for Salesforce.com Inc (CRM.N), two people familiar with the matter said on Thursday, dampening speculation that Microsoft could be drawn into bidding for the cloud software company.
Syngenta rejects $45 billion Monsanto takeover offer
Agrochemicals firm Syngenta on Friday rejected a $45 billion takeover offer from Monsanto, saying the offer undervalued the Swiss firm and did not fully take into account regulatory risks.
Bright House Networks plans to drop merger with Charter - sources
Bright House Networks, the sixth largest U.S. cable operator, is preparing to abandon a $10.4 billion deal to be acquired by larger peer Charter Communications Inc (CHTR.O), according to people familiar with the matter.
Bombardier preparing to list minority stake in rail unit B
Bombardier Inc outlined plans to list a minority stake in its rail unit on Thursday, as it reported a quarterly profit that topped market expectations. The initial public offering is expected to take place in the fourth quarter and the main listing is likely to be in Germany, where its rail business is headquartered.
Latest News
BHP Billiton's shareholders are expected to approve the biggest ever spin-off in the mining industry on Wednesday, seeking to wring more value out of a string of long-neglected aluminum, manganese, silver and nickel assets.
Top executives close to Charter Communications Inc (CHTR.O) have reached out to management at Time Warner Cable Inc (TWC.N) to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday.
Silvio Berlusconi will keep control of his AC Milan soccer club but could sell a minority stake, his holding company said on Saturday, following talks between the former Italian prime minister and Thai businessman Bee Taechaubol.
Billionaire investor Daniel Loeb said on Friday his hedge fund has taken a new position in Yum! Brands (YUM.N), sending the fast-food restaurant company's stock up nearly 7 percent.
Rocket Internet, a tech investor focused on emerging market ventures, has reduced its stakes in two of its Europe-focused financial services start-ups after facing setbacks there, Germany's Spiegel magazine said.
Monsanto (MON.N), the world's largest seed company has again approached Switzerland's Syngenta (SYNN.VX) in recent weeks with an offer to buy the company, Bloomberg reported citing people familiar with the matter.
Time Warner Cable Inc (TWC.N) and Charter Communications Inc (CHTR.O) separately held acquisition talks with Bright House Networks, the Wall Street Journal reported, citing sources.
Pfizer Inc (PFE.N) is the mystery bidder for Swedish Orphan Biovitrum AB (SOBIV.ST), the rare disease specialist which disclosed this week that a potential buyer had made a preliminary offer, people with knowledge of the situation said.
Italian refiner Saras (SRS.MI) and Russian energy giant Rosneft (ROSN.MM) have called off plans to set up a trading joint venture, Saras Managing Director Dario Scaffardi said on Tuesday.
