Telus gets another chance to buy Canadian startup Mobilicity


- Telus Corp , one of Canada's dominant telecom providers, has won another chance to overcome objections by the government to its takeover of struggling wireless startup Mobilicity.


Fashion house Armani pays 270 million euros to settle Italian tax dispute: paper 1:17pm BST

MILAN - Fashion house Giorgio Armani paid 270 million euros ($374 million) to Italian tax authorities last week to settle a dispute over payments from the group's subsidiaries abroad, Italian newspaper Il Sole 24 Ore reported on Friday.

Merck extends AZ offer again over Chinese antitrust issues 5:15pm BST

FRANKFURT - German liquid crystal maker Merck KGaA extended the offer period for its planned takeover of AZ Electronic Materials for a sixth time on Friday as it continues to seek Chinese antitrust approval.


NY attorney general seeks info from high-speed firm Virtu: source 6:08pm BST

NEW YORK - High-speed trading firm Virtu Financial Inc, which has been pursuing an initial public offering, has received a letter of inquiry from the New York attorney general amid a wider probe of the industry, a person familiar with the matter said on Friday.


Exclusive: 'Leopard King' Cavalli nears 450 million euro sale to Permira - sources 17 Apr 2014

LONDON - Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters.


Potential Sprint/T-Mobile deal may prompt U.S. auction rethink 17 Apr 2014

WASHINGTON - A possible merger between Sprint Corp and T-Mobile US Inc could prompt U.S. regulators to rewrite rules they are now weighing for a 2015 auction of airwaves, according to sources familiar with the proposed regulations.


Weibo cuts IPO size amid selloff in technology stocks 17 Apr 2014

- China's Weibo Corp, a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth.

Post Holdings to buy Michael Foods for $2.45 billion 17 Apr 2014

- Cereal maker Post Holdings Inc said it will buy egg and dairy producer and distributor Michael Foods Inc for $2.45 billion in its largest-ever deal.

Facing FTC action, U.S. ringmakers call off deal 17 Apr 2014

WASHINGTON - Jostens, a leader in the school ring and academic memento market, on Thursday said it had dropped plans to acquire competitor American Achievement Corp - a deal the Federal Trade Commission had said it would fight.

Banco Popolare says successfully closed 1.5 billion euros share sale 17 Apr 2014

MILAN - Banco Popolare said on Thursday it had successfully closed its capital increase for 1.5 billion euros ($2.1 billion), the first Italian lender to tap the market for funds ahead of Europe-wide health check of the sector.

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