United Kingdom


Exclusive: Pfizer approaches Medivation about potential takeover - sources


Pfizer Inc has approached U.S. cancer drug maker Medivation Inc to express interest in an acquisition, raising the possibility of a bid rivaling a $9.3 billion offer by Sanofi SA , people familiar with the matter said on Tuesday.


Bankers say U.S. antitrust concerns weigh on deal activity 10:05pm BST

LOS ANGELES Anti-trust concerns are preventing corporations from pursuing mergers more than other broad regulatory or economic issues, several senior investment bankers said during a panel on Tuesday at the Milken Institute's Global Conference.


Glencore considers selling gold mine worth over $2 billion: sources 7:08pm BST

LONDON Mining company Glencore is considering selling its Vasilkovskoye gold mine in Kazakhstan, sources close to the deal said on Tuesday, confirming an earlier report in the Financial Times.


Liberty House Group confirms bid for Tata Steel UK 6:44pm BST

LONDON Metals group Liberty House confirmed on Tuesday it had formally submitted a letter of intent to buy the British assets of Tata Steel.


Aegon to buy BlackRock's UK pension platform, admin business 11:37am BST

LONDON BlackRock , the world's biggest asset manager, on Tuesday said it had agreed to sell its defined contribution pension platform and administration business to Dutch insurer Aegon for an undisclosed amount.

Quintiles, IMS Health to merge in $9 billion deal 6:02pm BST

Contract medical research provider Transnational Holdings Inc will merge with healthcare information company IMS Health Holdings Inc in a deal worth about $9 billion. | Video

China group withdraws bid for Australia's S. Kidman, set to make new offer 2:38pm BST

SYDNEY A China-led consortium seeking to buy Australia's S. Kidman & Co withdrew its A$371 million ($280 million) bid for the country's largest private land-holding company and is planning to make another, a partner in the purchase attempt said on Tuesday.

From Our Partners