The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Italy's biggest bank UniCredit may consider a partnership for its business that manages 42 billion euros ($54.
Investors
Bond Market Selloff Got Banks Taking Capital Hit
According to analysts, big US banks were caused a multi-billion dollar dent after the selloff in the bond market in the last eight weeks.
Banks Fight for Lloyds, RBS Deals
There are more than a dozen top banks that are finalizing plans to run a GBP20 billion share sale in Lloyds Banking Group.
AT&T And Cherin Group Joint Bid For Hulu
Cherin Group and AT&T announced that they have submitted a joint bid for Hulu AT&T Inc and Cherin Group announced that they submitted a joint bid for the auction of the video website, Hulu LLC.
FCC Approves deals by SoftBank, Sprint, Clearwire
US regulators finally approved the acquisition bid from SoftBank Corp to take control over Sprint Nextel.
Latest News
ChemistDirect obtains more funding totalling US$10 million. The leading online health service, ChemistDirect, had secured new investments totalling US$10 million.
Dell's share values fell 3% as investors become more skeptical as to the financing of the Dell-Silver Lake offer.
Accoriding to an ammendment, Amarc can increase controlling interest in the joint venture. An amendment to the ZNT and Galaxie joint venture was announced by Amarc Resources Ltd.
Glencore acquired 11.6% stake in PolyMet. Glencore Xstrata plc announced the acquisition of 31,756,979 common shares of PolyMet Mining Corp. by Glencore AG, a wholly-owned subsidiary.
Siemens admitted it did not have the capacity to produce 600 carriages that resulted to its withdrawal on the bidding war.
RBC Global Asset Management Inc.'s sales of funds increase in June. RBC Global Asset Management Inc. announced on Friday that June net sales were Can$318 million, comprising of Can$268 million for long-term funds and Can$50 million for money market funds.
Veolia Environment anticipated to earn Eur5 billion from the rich and rapidly growing hydrocarbon industry.
Fiat SpA and PSA Peugeot Citroen came to an agreement that would allow them to make new delivery vans in Italy.
Bell Media acquired Astral and appointed new top executives. Bell Media officially acquired Astral Media Inc. for Can$3. 2 billion. The acquisition included two over-the-air TV stations, 77 radio stations, eight pay and specialty TV services, and last but not least, the Astral's out-of-home division.
