Edition:
United Kingdom

Deals

Germany's Lanxess to buy Chemtura for about $2.12 billion in cash

Photo

Lanxess AG said on Sunday it would buy specialty chemical company Chemtura Corp for about $2.12 billion in cash to improve the German company's additives business.

Singapore's BandLab to buy 49 percent of Rolling Stone 3:42am BST

SINGAPORE Singapore's BandLab Technologies will buy 49 percent of Rolling Stone magazine from publisher Wenner Media and plans to expand the business into new markets and boost its profile in Asia, the two companies said in a statement.

Photo

KG Group not preferred bidder to buy McDonald's South Korea unit: Money Today 6:22am BST

SEOUL South Korea conglomerate KG Group said its consortium with NHN Entertainment Corp was not chosen as the preferred bidder to buy McDonald's Corp South Korean business, a South Korean online publication said on Monday, citing KG Group.

Photo

Twitter initiates talks with tech companies over sale: source 23 Sep 2016

Twitter Inc has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, signaling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company. | Video

Photo

Alaska Air says merger with Virgin America still on track 23 Sep 2016

Alaska Air Group Inc agreed this week to give the U.S. Justice Department additional time to review its merger with Virgin America Inc , but the deal is still on track to close in the early part of the fourth quarter, an Alaska spokeswoman said Friday.

Photo

Issuers accelerate borrowing plans ahead of U.S. elections 23 Sep 2016

NEW YORK The transatlantic loan markets are facing a busy few weeks as companies accelerate borrowing plans to take advantage of strong and liquid market conditions before running into any potential volatility around the looming US elections on November 8.

Photo

UniCredit opens Pioneer data room to four bidders: sources 23 Sep 2016

MILAN Italian bank UniCredit has selected four possible buyers of its Pioneer asset manager granting them access to the unit's financial data ahead of a sale later this year, two source close to the matter said on Friday.

Photo

CBS Radio plans $1.5 billion debt offering ahead of IPO: sources 23 Sep 2016

CBS Radio Inc, which CBS Corp is planning to shed, is preparing to take on about $1.5 billion in debt ahead of its initial public offering and use most of the proceeds to pay its parent in cash, according to people familiar with the matter.

Photo

Office Depot to sell European operations to Aurelius Group 23 Sep 2016

Office Depot Inc said on Friday it would sell its European operations to investment company Aurelius Group, four months after the office supplies retailer said it would explore strategic alternatives for the business.

Photo

Vivendi hopes to make Mediaset new pay-TV offer next week: source 23 Sep 2016

PARIS/MILAN Vivendi hopes to make a new offer for Mediaset's pay-TV business by the end of next week to try to end a dispute between the French and Italian media groups that erupted in July, a source close to matter said.