Deals

BCE to take Bell Aliant private in $3.7 billion deal

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TORONTO - BCE Inc said on Wednesday it will pay C$3.95 billion ($3.68 billion) to take regional affiliate Bell Aliant private, securing access to its cash flow and bolstering BCE's position as Canada's largest telecom company.

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Fiat Chrysler investors advised to vote against merger 23 Jul 2014

MILAN - Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights.

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AT&T, Chernin Group close to deal to buy YouTube network Fullscreen -tech blog 23 Jul 2014

SAN FRANCISCO - AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.

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Talisman Energy says approached by Spain's Repsol about deal 23 Jul 2014

CALGARY/VANCOUVER - Talisman Energy Inc shares rose 13 percent on Wednesday as it confirmed it has been approached by Spain's Repsol SA about potential deals, raising the prospect that one of Canada's largest independent oil companies will sell off major assets or be taken over.

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Telecom Italia CEO does not rule out merger of Brazilian unit 23 Jul 2014

BRASILIA/MILAN - Telecom Italia does not rule out merging its Brazilian operator with a local rival but such a move is not on the agenda for now, its chief executive said after meeting Brazil's president on Wednesday.

Exclusive: Italy's grid company to get 1.5 billion euro loan ahead of China Grid deal - sources 23 Jul 2014

MILAN - Italian energy grid holding company CDP Reti will receive a loan of around 1.5 billion euros ($2 billion) to help smooth a sale of a stake to China's State Grid Corp, two sources familiar with the matter said.

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Fiat CEO says tie-up with Volkswagen was never on agenda 23 Jul 2014

TURIN Italy - Fiat Chrysler CEO Sergio Marchionne on Wednesday quashed speculation of a possible tie-up with Germany's Volkswagen , saying the idea had never been on the agenda.

Brazil sees Telefonica addressing antitrust issues 23 Jul 2014

BRASILIA - Spain's Telefonica SA is "clearly working to address" antitrust issues in Brazil, where it faces scrutiny from direct and indirect participation in two of the nation's biggest mobile carriers, Communications Minister Paulo Bernardo said on Wednesday.

Exclusive: Apache says eyeing mineral rights in bid to unlock value 23 Jul 2014

HOUSTON - U.S. oil and gas company Apache Corp told Reuters it is looking at ways to wring more cash out of its valuable mineral rights, as it and other energy companies face investor pressure to tap more profits from the North American shale boom.

Italian auto supplier Brembo to build new U.S. plant 23 Jul 2014

MILAN - Italian brakes maker Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on continued strength of the country's automotive sector.

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