3.2 billion euros of Egypt-French arms deal financed by loan from Paris: Sisi

The French government loaned Egypt 3.2 billion euros to finance the recent multibillion-euro purchase of French military equipment, Egypt's president Abdel Fattah al-Sisi said in an interview on al-Arabiya TV on Saturday.


Japan's NTT Comm in talks to buy German e-shelter: source

NTT Communications Corp is in talks to acquire German data center provider e-shelter for about 100 billion yen ($836 million), according to a source familiar with the matter.

Nikon pushes into medtech with $400 million Optos acquisition

Nikon (7731.T), the 98-year-old Japanese company best known for its cameras, has agreed to buy British retinal imaging firm Optos (OPTS.L) for 259.3 million pounds ($400 million) as it moves into the medical sector.

RWE says close to concluding sale of oil arm to Russian tycoon

German utility RWE (RWEG.DE) said on Friday that completion of the sale of its oil and gas unit DEA [RWEDE.UL] to Russian tycoon Mikhail Fridman was imminent, following a media report that it would be concluded on Monday.


Latest News

Petróleo Brasileiro SA (PETR4.SA) has hired JPMorgan Chase & Co to handle $3 billion in planned asset sales this year, as fallout from a corruption scandal has shut access to financing for Brazil's state-controlled oil producer, two sources with direct knowledge of the situation said on Wednesday.
South Korea's Lotte Group has submitted a proposal to acquire a controlling stake in Italy's World Duty Free SpA (WDF.MI) in a deal estimated at 3 trillion to 4 trillion won ($2.71 billion to$3.61 billion), Korean media reported on Tuesday.
AAR Corp (AIR.N) said it would sell its cargo handling business, Telair Cargo Group, to TransDigm Group Inc (TDG.N) for $725 million in cash to focus on its aviation services business.
Dubai Aerospace Enterprise Ltd, an aircraft leasing and maintenance company controlled by the government of Dubai, is looking to sell its aviation services unit, StandardAero, for more than $1.8 billion, according to people familiar with the matter.
Italian industrial conglomerate Finmeccanica (SIFI.MI) is set to announce the sale of its shares in rail and signaling units AnsaldoBreda and Ansaldo STS (STS.MI) to Japan's Hitachi (6501.T) as soon as Tuesday, a source close to the matter said on Monday.
Rupert Murdoch's Twenty-First Century Fox Inc held preliminary takeover talks with Discovery Communications Inc with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported on Monday.
Canada's Valeant Pharmaceuticals International Inc. agreed to acquire gastrointestinal drugmaker Salix Pharmaceuticals Ltd. (SLXP.O) in an all-cash deal valued at about $10.1 billion, the two companies said on Sunday.
Spanish cable company Euskaltel has hired Rothschild as advisers to explore a potential partial listing on the stock exchange, business daily Expansion said on Saturday, citing sources close to the firm.
Airbus Helicopters said on Friday it is in talks with Indian companies including Mahindra and Mahindra (MAHM.NS), Reliance Industries (RELI.NS) and Tata Group to jointly make military helicopters, to comply with rules aimed at helping the local defense industry.
Sri Lanka is reconsidering the outright transfer of a parcel of land to China under a $1.5 billion port city deal signed by a previous government, the energy minister said, amid concerns it could be used for Chinese naval activity.
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