Mergers & Acquisitions
Bank of Yokohama says considering merger with smaller rival
Bank of Yokohama Ltd (8332.T), Japan's second-largest regional lender, said on Tuesday it is considering a merger with smaller rival Higashi-Nippon Bank Ltd (8536.T), a major move in an industry urged by regulators to consolidate amid bleak growth prospects.
Publicis to buy U.S.-based Sapient for $3.7 billion
Publicis (PUBP.PA), the world's third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year.
Xstrata founder Davis bids for Anglo American assets
Mick Davis, the former boss of miner Xstrata, has made an offer for Anglo American assets including copper mines in Chile, Brazilian nickel mines and some coal operations, the Sunday Times reported without citing sources.
Oil price tumble could accelerate Repsol deal search
Spanish oil firm Repsol (REP.MC) is set to accelerate a $10 billion acquisition drive to take advantage of lower U.S. shale valuations in the face of falling oil prices and eventually fill a gap left by the 2012 seizure of its Argentine business.