Julius Baer (BAER.VX) has not held talks with larger rival Credit Suisse (CSGN.VX) about merging, the Swiss private bank's chief executive said in comments made in the weekly Schweiz am Sonntag.
Deals
Henkel, Revlon, Coty prepare bids for P&G beauty brands -sources
Personal care and cosmetics companies Henkel & Co KGaA AG, Revlon Inc and Coty Inc are preparing bids for parts of Procter & Gamble Co's beauty business, according to sources.
Major Holcim investor says leaning toward backing Lafarge deal
The third-largest shareholder in Holcim (HOLN.VX) said it was leaning toward supporting the Swiss cement maker's merger with French rival Lafarge (LAFP.PA), according to an interview with Swiss newspaper Finanz und Wirtschaft.
Nestle in exclusive talks to sell frozen food unit to Brakes Group
Nestle (NESN.VX) is in exclusive talks to sell its frozen food unit Davigel to food service operator Brakes Group as part of a drive to trim its sprawling portfolio.
Xiaomi-backed Chinese firm acquires iconic scooter maker Segway
Chinese transportation robotics firm Ninebot said on Wednesday it has acquired U.S. rival Segway Inc, the company behind the self-balancing scooter that became a technological marvel when it was launched in the early 2000s but whose hype then faded.
Latest News
German industrial robot maker Kuka is open to further purchases after acquiring Swiss logistics group Swisslog last year, Welt am Sonntag reported, citing chief executive Till Reuter.
Bombardier Inc is exploring a possible sale of all or part of its railway business, which bankers value at up to $5 billion, among options to pay for huge cost overruns in its aircraft business, sources familiar with the matter said.
French media group Vivendi (VIV.PA), with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere (LAGA.PA).
Spotify AB is nearing a deal to raise $400 million, valuing the music streaming service provider at $8.4 billion, the Wall Street Journal reported, citing people familiar with the matter.
Discussions on a takeover by Intel Corp of smaller chip maker Altera Corp have ended as the companies were unable to agree on price, a person familiar with the matter said, but Altera shares rose, suggesting it is still a potential target.
Cirque du Soleil is in advanced talks with two private equity consortia about selling a majority stake in what is the largest theatrical production company in the world, according to people familiar with the matter.
Professional social network operator LinkedIn Corp (LNKD.N) said it would buy privately held online education company lynda.com in a cash-and-stock deal valued at about $1.5 billion.
Nippon Life Insurance Co [NPNLI.UL] is looking for acquisition targets both in developed and emerging markets, including asset managers in the United States, as the domestic-focused insurer seeks to diversify sources of income.
General Electric Co is nearing a deal to sell practically all of its $30 billion real estate assets to a consortium led by Blackstone Group and Wells Fargo & Co, according to a person familiar with the matter.
