Monday Papers: Smiths to sell part of pension scheme -- bid news and gossip

Smiths to sell part of pension scheme and Ernst & Young to merge its European partnerships.

* Smiths Group has agreed to sell part of its pension scheme to a buyout specialist -- Telegraph

* HSBC to refinance Canary Wharf HQ debt -- Telegraph

* Ernst & Young to launch a huge shake-up of its professional services indfustry by merging its European partnerships and integrating a further 42 countries into a single unit

* One of the biggest US unions to call for a break-up of Citigroup

* Eurotunnel close to finalising details of a rights issue

* Blue Oar understood to be considering a bid for WH Ireland

* Mergers and acquisitions in the technology sector could hit £79 billion this year, according to PwC report

* Catalytic Solutions has won a contract to supply its automotive catalysts for the latest generation of Renault diesel engines

* Moss Bros wants tailor-made sale -- Telegraph

* Pizza Hunt has completed the acquisition of Godfather's Pizza

* Travelodge pays £85 million for Menzies Group hotels owned by Robert Tchenguiz

* Shackleton Ventures to acquire 13 stakes in companies from 3i Group

* Metro is considering partial spin-off of its consumer electronics arm

* The owners of Pets at Home rule out a flotation