Europe
Deals of The Day — Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday: Biogen Idec is to take full ownership of blockbuster multiple sclerosis drug Tysabri after agreeing to pay Irish partner Elan $3.
Cantor Fitzgerald in talks to buy Seymour Pierce -FT
Cantor Fitzgerald is in advanced talks to buy brokerage firm Seymour Pierce Cantor Fitzgerald is in advanced talks to buy brokerage firm Seymour Pierce, the Financial Times reported on Wednesday, citing people familiar with the discussions.
Legg Mason to pay $80 mln plus incentives for Fauchier
Asset manager Legg Mason agreed to spend about $80 million plus future incentive payments to buy London hedge fund firm Fauchier Partners
Moscow bourse aims to raise $500 million in IPO
Moscow's stock exchange will be valued at up to $4.6 billion in its planned stock market flotation