Bayer said regulators in China were investigating their local office in the mainland for alleged unfair competition practices.
Investors
Ooredoo sponsors French Ligue 1 champions Paris-St.Germain
Qatari telecommunications firm Ooredoo would be one of the major sponsors for the Paris-St.Germain football team in the 2012/2013 French Ligue 1.
Shanghai to approve foreign funds to secure investments in China for the first time
Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.
Uniqa says it will sell EUR 400 million private equity fund portfolio
Austrian insurer Uniqa said it would selling its private equity fund portfolio worth EUR 400 million to various investors.
Merger may delay because of Chrysler IPO - Fiat CEO Marchionne
Fiat SpA chief executive officer Sergio Marchionne told reportersthat the merger between Italian automaker Fiat SpA and US automaker Chrysler Group LLC might be delayed because of a disagreement over the valuation of shares a retiree trust holds in Chrysler.
Latest News
Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.
A source told Bloomberg that Goldman Sachs Group snatched a lead role in the upcoming IPO of Twitter.
New York Times' Dealbook reviewed several prominent private equity deals during the buyout boom, and gave an update how the companies had been faring.
State-owned 1Malaysia Development Bhd raised the target for its IPO to USD 3 billion, according to a source interviewed by Reuters.
British telecommunications giant Vodafone Group announced on Thursday that it had secured at least 75% shareholder backing for the approval of the EUR7.7 billion or USD10.2 billion takeover bid for Kabel Deutschland.
A source told Bloomberg that Japan Display would be holding an initial public offering to raise JPY 200 billion or USD 2 billion.
Sources told the Wall Street Journal that JPMorgan & Chase would be allocating USD 4 billion to strengthen its oversight controls.
In separate statements made public today, Fresenius SE and Rhoen-Klinikum AG agreed on a USD4.1 billion acquisition deal of 43 hospitals in Europe.
Analysts predicted that Multimedia tracker Rentrak Corp. would be a potential target among companies who require ratings analysis on consumer digital content habits.
