Deals
Cap Gemini to buy U.S.-based IGATE for $4 billion, raises 2015 outlook
Cap Gemini plans to buy United States-based IGATE Corp for $4 billion cash to make North America its biggest market and is raising its sales outlook for 2015 after a solid first-quarter, the French IT services company said on Monday.
Pop Milano sits pretty as Italy cooperative banks brace for M&A
At least five investment banks are vying to win a mandate from Banca Popolare di Milano (BPM) (PMII.MI) and find it a partner as Italian cooperative lenders gear up for a wave of mergers following a landmark reform of the sector.
India's Ratan Tata buys stake in Chinese phone maker Xiaomi
Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.
No decision yet on Mistral, France's Hollande says
No decision has yet been taken on the future of France's suspended contract to deliver Mistral helicopter carriers to Russia, French President Francois Hollande said on Friday after meeting Russian President Vladimir Putin.