The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Investment banks
Mediobanca under Pressure to Improve Shareholders Returns
Mediobanca planned to sell almost all of its large stakes in companies after being held under pressure to improve shareholders returns.
UBS AG to Leave Banking Business in India
On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.
RHB's largest shareholder considers buying everything
Malaysia's Employees Provident Fund is considering to buy the remaining shares in RHB Capital. (Photo : Reuters)The image is the electronic board at Bursa Malaysia.
Medioblanca to sell stakes in Generali and Telecom Italia
Medioblanca will sell stakes as part of its revival campaign. (Photo : Reuters)This is an image of Telecom Italia's logo. Italy's largest listed investment bank Medioblanca SpA is planning to sell its stakes in firms which include Assicurazioni Generali SpA and Telecom Italia SpA.
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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.
Itau Unibanco Holding SA announced on Monday acquisition of 51% stake in Cencosud's credit card business.
Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.
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.
Cinven sealed roughly Eur1 billion in financing coming from Deutsche Bank, RBC and UBS for the firm's acquisition of CeramTec
Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.
According to US banking regulator Thomas Hoenig, Deutsche Bank's capital levels are horrible and that the bank is the worst on a list of banks worldwide.
Polkomtel was able to arrange for new financing in order to reduce overall debt burden. (Photo : Reuters)The image is the corporate logo of PKO Bank Polski SA.
BNP Paribas and Natixis is bidding to buyout Saur, the water and waste treatment utility. (Photo : Reuters)The image is the corporate logo of BNP Paribas SA.
