The European antitrust regulators have reject the offer of Ryanair to acquire Aer Lingus. The European antitrust regulators have vetoed the third attempt of Ryanair to take over Aer ingus, saying that the Irish low-cost airline had not shown sufficient concessions to relieve issues on its monopoly on 46 routes.

Vodafone is said to have planned taking over Germany's Kabel after the takeover bid went public.

Barilla, world's largest pasta manufacturer, will be selling its German unit to focus on high-margin food products.

CVC is seeking 44% for Mahatari after Aeon terminated its offer for the retailer. CVC Capital Partners is expected to ask equity investors to invest more for PT Matahari Department Store than a tentative bid for the retailer by Aeon Co.

Rosneft buys TNK-BP for over US$40 billion. If all goes according to plan, Rosneft would be taking over control over its major rival, TNK-BP. The two Russian oil companies would then complete the oil industry's biggest takeover in history, three months before the agreed upon deadline.

New York Times has announced that is subsidiary Boston Globe is being valued at more than $100 million.

Bond investors seek new options during leveraged buyouts. The increasing number of large leveraged buyouts or LBOs is making many investment-grade debt investors nervous, calling out the US government to institute more protection be given them in light of current developments.

Linn Energy, a U.s. oil and gas producer, will buy Berry Petroleum Co. for $2.5 billion to boost oil reserves

Watson Pharmaceuticals today announced that it has completed the acquisition of Belgium-based Uteron Pharma SA for $150 million in cash up front

Yahoo Inc said on Tuesday it has bought "social news" start-up Snip.it Yahoo Inc said on Tuesday it has bought "social news" start-up Snip.