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Exclusive: Verizon turns to former Yahoo bankers for bid - sources


NEW YORK/SAN FRANCISCO Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the U.S. internet company's top advisers, people familiar with the matter said.


Takata in rescue talks with KKR, other investors: sources 26 May 2016

TOKYO Takata Corp is in bailout talks with a number of potential investors including private equity firm KKR & Co , people familiar with the matter said on Thursday, driving up shares in the embattled auto parts maker.


Banco Popular capital hike sparks renewed Spanish bank fears 26 May 2016

MADRID Banco Popular triggered renewed concerns over the health of Spanish banks on Thursday with plans for its second 2.5 billion euro ($2.8 billion) capital increase in less than four years to cope with toxic real estate assets.


Gawker hires bank, makes 'contingency' plans after Hogan lawsuit 26 May 2016

Gawker Media, the New York-based owner of online news and gossip website Gawker.com, is exploring a sale following a court ruling that it pay $140 million to wrestler Hulk Hogan over the publication of a sex tape, according to two sources familiar with the matter. | Video


Valeant rejected joint takeover bid from Takeda, TPG in spring: WSJ 1:04am BST

Valeant Pharmaceuticals International Inc received a joint takeover offer from Japan's Takeda Pharmaceutical Co Ltd and TPG Capital Management LP [TPG.UL] this spring that the Canadian drugmaker rejected, the Wall Street Journal reported, citing people familiar with the matter.

Anacor received rival bid before Pfizer deal: filing 26 May 2016

Anacor Pharmaceuticals Inc had received an offer from a third party before it agreed to be bought by Pfizer Inc in a $5.2 billion deal last week, regulatory filings showed.

Clinical trials firm BioClinica explores sale: sources 26 May 2016

BioClinica Inc, a U.S. pharmaceutical contract research organization owned by buyout firm JLL Partners, is exploring a sale that could value it at as much as $1.3 billion, including debt, according to people familiar with the matter.


Philips Lighting unit valued at 3.0 billion euros in IPO 26 May 2016

AMSTERDAM Philips said on Thursday it has set pricing in the initial public offering of its lighting division at 20 euros per share.


Thyssenkrupp says elevator unit core after report on Kone interest 26 May 2016

DUESSELDORF, Germany Thyssenkrupp said its elevator business was a core part of the company, responding to a German magazine report that Finnish rival Kone had proposed a merger at the end of 2015.


Thai trading firm Berli to raise $6 billion via equity, bond issues 26 May 2016

BANGKOK Thailand's Berli Jucker Pcl said it planned to sell bonds and new shares via a rights issue and a private placement to raise up to 214 billion baht ($6.02 billion) and pay debt used to fund its acquisition of Big C Supercenter Pcl .

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