Deals

AstraZeneca CEO says new Pfizer bid unlikely: Swedish daily DI

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STOCKHOLM - U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca, the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.

Fear factor fades as global M&A hits seven-year high 8:08am GMT

LONDON - Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.

Urenco owners test market for possible sale: official 20 Dec 2014

FRANKFURT - The owners of Urenco are testing the market to gauge investor interest in the uranium enrichment company, said Uwe Beckmeyer, parliamentary state secretary in the German economy and energy ministry.

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U.S. judge rejects HP settlement in Autonomy shareholder case 20 Dec 2014

SAN FRANCISCO - A federal judge on Friday rejected Hewlett-Packard Co's proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.

Spain's Ferrovial to raise offer for Australia's Transfield: report 20 Dec 2014

MADRID - Spanish infrastructure group Ferrovial plans to raise its full takeover offer for Australia's Transfield Services Ltd, daily financial newspaper Expansion reported on Saturday, citing unnamed sources.

Flipkart raises $700 million in fresh funding 20 Dec 2014

MUMBAI - Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.

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Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 billion 19 Dec 2014

BANGKOK - Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. competitor Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.

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Cirque du Soleil hires Goldman Sachs to look for partner 19 Dec 2014

- Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday.

Raytheon wins $2.4 billion contract for Qatar Patriot system 20 Dec 2014

WASHINGTON - U.S. weapons maker Raytheon Co has won a contract valued at $2.4 billion to supply 10 Patriot missile defense systems to Qatar, which is beefing up its defenses to counter a growing perceived threat from Iran.

Wristband maker Fitbit in talks with banks for IPO: Bloomberg 20 Dec 2014

- Fitness tracking wristband maker Fitbit Inc is in talks with banks for its initial public offering in the United States, Bloomberg reported, citing people familiar with the matter.

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