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.


China's biggest construction firm eyes GCC projects

According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.

Serbia seeks loan from UAE

Serbian Deputy Prime Minister Vucic confirms on television that he had asked his friend UAE Crown Prince Mohammed Bin Zayed for a loan.

China regulators investigate Bayer for unfair competition

Bayer said regulators in China were investigating their local office in the mainland for alleged unfair competition practices.


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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.
McDonald's made a buyout offer to Vikram Bakshi as the giant fast food chain planned to effectively settle dispute between the two sides.
Bruker Corporation announced today its acquisition of Prairie Technologies Inc, a provider of life sciences fluorescence microscopy products.
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
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