UniCredit close to deal with Santander on asset management units: CEO


MILAN - Italy's biggest bank by assets, UniCredit , is close to signing a deal with Spain's Santander to combine their asset management businesses, UniCredit CEO Federico Ghizzoni said on Saturday.

Exclusive: SunGard to explore possible $10 billion sale - sources 18 Apr 2015

- Financial technology company SunGard Data Systems Inc is preparing to appoint financial advisers to explore a sale that could value it at as much as $10 billion, including debt, people familiar with the matter said on Friday.

Merck aims to quickly repay up to $5 billion in loans: CFO in Boersen-Zeitung 18 Apr 2015

FRANKFURT - Germany's Merck aims to quickly repay the up to $5 billion in bank loans it needed to fund the $17 billion acquisition of U.S. lab supplies company Sigma-Aldrich , its finance chief told daily Boersen-Zeitung.


Deutsche Bank leans toward limited revamp with Postbank sale: sources 18 Apr 2015

FRANKFURT - Deutsche Bank will sell Postbank but keep a pared back own-brand retail business in the overhaul plan currently favored by management, sources familiar with the internal discussions at Germany's biggest lender said.


Japan's ANA Holdings to buy stake in Skymark Airlines 18 Apr 2015

TOKYO - Japan's biggest airline, ANA Holdings Inc , will buy a stake of less than 20 percent in Skymark Airlines Inc as part of a rescue plan for the bankrupt domestic budget carrier, people familiar with the matter told Reuters.


Justice Dept. staff may oppose Comcast-Time Warner Cable deal: Bloomberg 17 Apr 2015

- Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported on Friday, citing people familiar with the matter.

Raytheon to acquire Websense for $1.9 billion: sources 18 Apr 2015

- U.S. arms maker Raytheon Co has agreed to buy Websense Inc from private equity firm Vista Equity Partners LLC, in a deal that values the network security company at $1.9 billion, including debt, according to people familiar with the matter.


Alibaba inks deal with Shanghai GM to finance car purchases 17 Apr 2015

BEIJING - Alibaba Group Holding Ltd deepened its push into the automotive business on Friday, saying it had struck a partnership with Shanghai General Motors (GM) to offer online sales and financing for GM cars.


Coke to buy China multi-grain drinks maker for $400 million 17 Apr 2015

HONG KONG - Coca-Cola Co has agreed to buy the beverage business of China Culiangwang Beverages Holdings Ltd for $400.5 million including debt, to get a foothold in the fast growing multi-grain drinks category.


Lafarge, Holcim detail U.S. disposals ahead of merger 17 Apr 2015

PARIS - Lafarge and Holcim gave details on Friday of asset disposals in the United States that they propose as part of their planned merger, due to close in July.