Avago to buy Broadcom in $37 billion chip deal


- Avago Technologies Ltd said it would buy fellow chipmaker Broadcom Corp in a cash-and-stock deal valued at $37 billion.


Fiat Chrysler CEO predicts another industry merger 'by 2018' 12:25pm BST

MELFI, Italy - Fiat Chrysler Chief Executive Sergio Marchionne is convinced there will be another merger deal in the carmaking industry within the next three years, he said on Thursday, not denying reports that he sent an email earlier this year courting U.S. rival General Motors .


Opel CEO rules out deal with Fiat 12:30pm BST

RUESSELSHEIM, Germany - Opel CEO Karl-Thomas Neumann on Thursday ruled out a deal with Fiat but said he sees the need to improve volume, scale and utilisation in the auto industry and at Opel.


Altice owner says wasn't ready for Time Warner Cable deal 27 May 2015

PARIS - Patrick Drahi, the billionaire owner of European telecoms group Altice, said he didn't bid for Time Warner Cable because his company lacked management resources to digest such a big deal in a market it had only recently entered.


Bayer CEO says cannot comment on Monsanto-Syngenta 27 May 2015

COLOGNE, Germany - The chief executive of German drugs and chemicals group Bayer , Marijn Dekkers, said on Wednesday he could not comment on the possible takeover of Syngenta by Monsanto .


Avago nears deal for fellow chipmaker Broadcom: sources 27 May 2015

- Avago Technologies Ltd is close to an agreement to acquire fellow chipmaker Broadcom Corp, people familiar with the matter said on Wednesday, in a deal that could boost Avago's clientele of top-tier smartphone companies.

Buyout group Cinven to buy France's Labco for $1.3 billion: source 27 May 2015

- European private equity firm Cinven has agreed to buy French medical diagnostics provider Labco SA for 1.2 billion euros ($1.31 billion), a person familiar with the deal told Reuters.

Aberdeen boosts alternatives muscle with Flag Capital buy 27 May 2015

LONDON - Britain's Aberdeen Asset Management has agreed to buy U.S. peer Flag Capital Management in a confidential deal that more than doubles the assets managed by its private equity unit and underscores its ambitions to expand in the United States.


For BAWAG owner Cerberus, Postbank bid is just one option 27 May 2015

VIENNA/FRANKFURT - It took years and a small fortune for U.S. investor Cerberus Capital Management [CBS.UL] to polish Austrian lender BAWAG PSK [CCMLPB.UL] into a retail gem. The question now is whether it wants to try to repeat the trick with Deutsche Postbank .


Nokia's network arm to buy Eden Rock Communications 27 May 2015

HELSINKI - Nokia is buying U.S. company Eden Rock Communications to boost its offering in its mainstay telecoms network equipment business, the Finnish company said on Wednesday.