Sankaty to buy JPMorgan debt portfolio for $1 billion: FT


- Bain Capital's credit arm, Sankaty Advisors, is buying the debt portfolio of JPMorgan's principal investment group for more than $1 billion, the Financial Times reported.


Proxy advisor Glass Lewis advises vote for Fiat cross-border merger 9:46am BST

MILAN - Proxy adviser Glass Lewis has recommended that Fiat investors vote in favor of a cross-border merger of the Italian carmaker and its U.S. unit Chrysler, saying its benefits outweighed concerns over potential increase in voting power of its main shareholder.


Danone in talks to sell medical nutrition unit to Hospira: FT 27 Jul 2014

PARIS - French dairy group Danone is in talks to sell its medical nutrition business to U.S. group Hospira in a deal valuing the unit at about $5 billion, the Financial Times reported on Sunday, citing people familiar with the situation.

Australia's NAB sells $1 billion UK property loan portfolio 1:16am BST

MELBOURNE - National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus Global Investors.

New Zealand's Dorchester Pacific planning bid for Turners Auctions 27 Jul 2014

WELLINGTON - New Zealand financial services company Dorchester Pacific Ltd said on Monday it is planning a takeover bid for auction company Turners Auctions .

Connor Healthcare makes takeover offer for New Zealand's Acurity Health 27 Jul 2014

WELLINGTON - Connor Healthcare Ltd said on Monday that it would make a takeover offer for New Zealand private hospital operator Acurity Health Group Ltd .


Club Med board recommends shareholders back Bonomi's offer 26 Jul 2014

PARIS - Club Mediterranee's board of directors on Friday advised that a 790 million euro ($1.1 billion) takeover offer for the holiday group from Italian financier and top shareholder Andrea Bonomi was in shareholders' interest.


BSkyB to pay $9 billion to create Sky Europe 25 Jul 2014

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion to buy the Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers. | Video


Fox seen selling CNN rather than spinning off despite tax bill 25 Jul 2014

NEW YORK - If Twenty-First Century Fox succeeds in buying Time Warner Inc, it's likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter.


Facebook says SEC's IPO probe ends, extending WhatsApp closing date 25 Jul 2014

- Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.

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