Friday Papers: Pru eyes Equitable Life with-profit fund -- bid news and gossip

Fri May 16, 2008 7:53am BST
 
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* Prudential among parties eyeing Equitable Life's £7 billion with-profit fund

* Royal Bank of Scotland's £7 billion auction of its UK insurance business receives lukewarm reception with Warren Buffett's Berkshire Hathaway pulling out of the bidding

* National Grid eyes E.ON network.

* Blackstone looks to buy back into property it sold at market's height

* Carl Icahn aims to oust Yahoo board as he pushes for Microsoft deal

* CBS to pay £925 million for CNET Networks, a technology and entertainment website operator

* Prime Active Capital acquires 15% stake in Media Square

* Energias de Portugal is to press ahead with an initial public offering of up to 25% of its renewable energy arm. The offer, worth up to $3 billion, is being priced at a discount of 20-35% to the estimated value of the company

 

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