Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.
Industry
Lloyds: No Political Pressure for Branches Sale to Co-op
British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
Springer Science Sale to BC Partners Still an Option
According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.
Itau Unibanco to Acquire Stake in Credit Card Business
Itau Unibanco Holding SA announced on Monday acquisition of 51% stake in Cencosud's credit card business.
J&J Engages in US$1 Billion Deal to Boost Prostate Cancer Treatment
Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.
Latest News
Johnson Controls Inc. is discussing with private equity firms about selling its automotive electronics arm priced at US$1 billion.
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
China Cinda Asset Management Corp. planned its initial public offering with Bank of America Merrill Lynch, Goldman Sachs, UBS and Credit Suisse formally set to work.
Britain's Co-operative Group agreed on a plan to plug US$2.4 billion capital hole to avoid a repeat of the taxpayer funded bailouts at the time of the financial crisis.
On Monday, Elan shareholders approved a share buyback and put itself up for sale on Friday. (Photo : Reuters)The image is the logo of Elan Pharmaceuticals.
Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.
