Telecom Italia, Telefonica in bidding war for Vivendi's GVT


PARIS - The battle over Brazil's telecoms market ratcheted up on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband unit GVT.

Preparations for Rosneft's privatization under way: RIA 8:25am BST

MOSCOW - Russia's Economy Minister said on Tuesday that preparations to sell a part of the state's stake in Rosneft, the world's top oil producer by output, are under way and it could be sold in two tranches, RIA Novosti news agency reported.


Valeant, Ackman get October 6 trial over Allergan special meeting 27 Aug 2014

WILMINGTON Del. - Valeant Pharmaceuticals International Inc and activist investor William Ackman got their request for an expedited trial on Wednesday over the timing of a special meeting of Allergan Inc shareholders, a key to their $50 billion hostile takeover fight.

Japan's Skylark to offer up to 112.6 bln yen in shares - filing 8:10am BST

TOKYO - Japan's Skylark Co Ltd has decided to list in Tokyo on Oct. 9 and will offer up to 112.6 billion yen ($1.1 billion) in shares in its initial public offering, a regulatory filing showed on Thursday.


Tyson wins U.S. Justice Dept antitrust nod for Hillshire deal 1:24am BST

WASHINGTON - Tyson Foods Inc , the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its $8.5 billion purchase of Hillshire Brands Co .


Lear Corp to buy leather supplier Eagle Ottawa for $850 million 27 Aug 2014

- Lear Corp, a maker of auto seats and electrical power systems, said it would buy automotive leather supplier Eagle Ottawa LLC for $850 million to strengthen its core seating business and boost its luxury seats portfolio.

Oak Hill Capital may seek smaller buyout fund: sources 27 Aug 2014

- Oak Hill Capital Partners LP, the private equity owner of restaurant and arcade chain Dave & Buster's Inc, is considering raising a smaller fund than its previous $3.8 billion flagship buyout fund, according to people familiar with the matter.


Glencore, Jinchuan frontrunners to buy BHP's Nickel West 27 Aug 2014

LONDON/HONG KONG - Commodities trader and miner Glencore and Chinese nickel producer Jinchuan Group are the frontrunners to buy BHP Billiton's Australian Nickel West division, two sources close to the situation said.


Brazil telecom battle heats up as Oi tries to buy, split TIM 27 Aug 2014

RIO DE JANEIRO/PARIS - Brazil’s Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country’s second-biggest wireless carrier and upstaging merger bids by foreign rivals.

Two Chinese firms among potential bidders for STATS ChipPac 2:15am BST

SINGAPORE - Two Chinese firms are among companies which have approached STATS ChipPAC Ltd about acquiring it, the Singapore provider of technology services said on Thursday.

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