Verizon and Vodafone discussing future of Verizon Wireless. Verizon Communications Inc, which is now deep in a battle for control with Vodafone Group Plc, has proposed to dissolve their relationship through the wireless joint venture.
Europe
ING Finalizes Transfer of British Internet bank to Barclays
ING completes transfer of ING Groep NV's transfer to Barclays. ING Groep NV's sale has been completed by ING Direct UK to Barclays Bank. The cost of the transaction would be Eur280 million for the first quarter of 2013 and total loss would be Eur260 million compared to expected returns of Eur320 million.
Marchionne: Fiat-Chrysler Merger Could Be Possible by Year-End
Fiat's executive Sergio Marchionne expects the merger between the Italian carmaker and United States' Chrysler to close by the end of the year once he agrees on the buyout of the stake in the American unit.
Coach Bargain Shares Attract Takeover Bids
Coach's financial performance makes it ripe for rival bids. Coach Inc, the maker of luxury handbags and heels are now giving bargains for its luxury brand.
Bank of England Head Calls for RBS Break Up
The UK government is being urged by Bank of England head Mervyn King to break up RBS for financial stability.
Latest News
ISS and Glass Lane calling for heads to roll in Autonomy takeover loss. Two proxy advisers have called out to fellow Hewlett Packard shareholders to move for the ouster of several board directors.
Few fund firms and banks remain in Armacell auction. After Goldman Sachs and Equistone pulled out of the race, only a few buyers are still in the hunt to land Armacell, the German insulation firm.
Lansdowne CEO Paul Ruddock to retire in June. One of the world's best known hedge fund managers, Lansdowne Partners has announced that its current CEO, Paul Ruddock will be retiring come June in order to focus on his charity work and arts interests.
Many banks interested in Chrysler buyout, according to CEO. After previous comments on the personal choice of Fiat CEO Sergio Marchionne, it was revealed that the Fiat CEO has talked to banks on financing a buyout of Chrysler's stake in the company.
Marriott International is expected to open its first Moxy hotel in Milan, Italy by early 2014 as it aims to open more hotels over the next 10 years.
Shareholders of Roche have agreed on a company pay plan after Swiss citizens voted on the imposition of a ban on big pays for managers in the country.
Generali's BSI is being purchased by Bankinter and Apollo Global Management. US investment fund Apollo Global Management has partnered with Bankinter of Spain to make a formal bid for Swiss private bank BSI.
Spanish bank Bankinter formed partnership with U.S. investment fund Apollo Global Management to bid for Swiss bank BSI.
Hellermann Tyton would be listed in the London Stock Exchange. Hellermann Tyton's business is the making of cabling products and has announced it would list at least 40% of its shares in the London Stock Exchange this March.
