Deals

Telus gets another chance to buy Canadian startup Mobilicity

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- 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.

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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.

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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.

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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.

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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.

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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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