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T-Mobile seen as top target following AT&T-Time Warner deal


NEW YORK T-Mobile US Inc is the likeliest acquisition target as media companies seek a wireless partner following AT&T Inc's proposed $85.4 billion takeover of Time Warner Inc, analysts said.


Goldman, closer to Murdoch than Bugs Bunny, misses year's biggest deal 4:06pm BST

It has been six years since Goldman Sachs Group Inc, a perennial No. 1 in the M&A league tables, did not feature as an adviser on the year's biggest deal. But sticking with Rupert Murdoch over Bugs Bunny just cost it this year's biggest deal. | Video


Clydesdale makes offer for RBS's Williams & Glyn unit: source 4:39pm BST

LONDON Clydesdale Bank Plc has made an offer to take over Royal Bank of Scotland's Williams & Glyn business, a person with knowledge of the talks said on Tuesday, after Spain's Banco Santander SA called off discussions with the British lender last month.The move by Glasgow-based Clydesdale could end a costly seven-year process by RBS to offload Williams & Glyn, after it was ordered to by the European Union to sell it as a condition of its taxpayer-funded


Coca-Cola, Japan's Kirin plan tie-up to cut costs - Nikkei 7:32pm BST

Coca-Cola Co and brewer Kirin Holdings Co Ltd are near a deal for an operational and capital partnership amid intense price competition in the Japanese soft-drink market, the Nikkei reported.

Exclusive - Chinese miners in talks for stake in Barrick's Veladero mine: sources 6:56pm BST

TORONTO/VANCOUVER China's Zijin Mining Group Co Ltd and Shandong Gold Mining Co Ltd have held separate talks with Barrick Gold Corp to buy a 50 percent stake in its Veladero gold mine in Argentina, according to four sources with knowledge of the process.

Permira acquires German fashion retailer Schustermann & Borenstein 3:35pm BST

FRANKFURT European private equity group Permira [PERM.UL] has acquired German fashion retailer and exporter Schustermann & Borenstein, the companies said on Tuesday without disclosing financial details.


ChemChina ready for concessions to clinch delayed Syngenta deal in 2017: source 6:15pm BST

BEIJING/ZURICH State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its $43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said.


Ternium may buy ThyssenKrupp's Brazil mill: sources 6:17pm BST

SAO PAULO/FRANKFURT Ternium SA has resumed negotiations to buy ThyssenKrupp AG's money-losing Brazilian steel mill CSA Cia Siderúrgica do Atlántico SA, months after talks broke down because of legal and environmental concerns, three people familiar with the matter said on Tuesday.


Thales's rail signaling unit sale to Alstom off the table: government source 1:02pm BST

PARIS The sale of aerospace firm Thales's rail signaling business to transport company Alstom is no longer on the agenda, a government source told Reuters on Tuesday.


China's FGC stands by Aixtron deal in face of German review 5:32pm BST

FRANKFURT The Chinese company bidding for chip equipment maker Aixtron may push ahead with its takeover plans even after Germany has withdrawn its approval because of security issues.