PARIS/LONDON - Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the matter.
KUALA LUMPUR - Malaysian billionaire Vincent Tan is exploring an IPO of British soccer team Cardiff City for as early as this year, people with knowledge of the matter told Reuters, in a deal that would follow the team's recent promotion to the Premier League.
LONDON - Banks have been asked to gauge by the end of this week the appetite for a 1.5 billion-pound ($2.26 billion) syndicated loan to back the planned privatization of Britain's Royal Mail Group , banking sources said.
TOKYO - Japan's Dai-ichi Life Insurance Co Ltd has agreed to buy a 40 percent stake in Panin Life from the parent of the Indonesian insurer for around 30 billion yen ($295 million), a source with direct knowledge of the matter said.
MADRID - Spanish nationalized lender Bankia is close to completing the sale of City National Bank of Florida for about $900 million, a banking source involved in the negotiations said.
SEOUL/HONG KONG - Dutch bank ING has attracted two more bidders for its South Korean insurance business, said a source with direct knowledge of the matter, taking the total number to three and raising the chances of a successful deal after an earlier sale fell through.
CAIRO/MOSCOW - Egypt's Orascom Telecom (OTH) is closer to being delisted, sources said on Friday, after holders of around 10 percent of its stock agreed to be bought out.
NEW YORK - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday.
- Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter.
NEW YORK - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals for the Japanese company's proposed $20.1 billion purchase of 70 percent of Sprint.
- Finance: Caixabank to sell stake in Carlos Slim's Inbursa
- Technology: Hulu video site auction attracts four bidders: sources
- Healthcare: Elan rejects Royalty's $6.4 billion raised offer
- Consumer: Apax Partners to take rue21 private in $1.1 billion deal
- Energy: India's Essar Oil to sign $1 billion debt-for-fuel deal with China
- Industrials: Dover to spin off communication businesses
- M&A: RPT-UPDATE 2-News Corp's publishing business to initiate stock buyback
- Bankruptcy: Henrik Fisker joins Hong Kong tycoon to salvage Fisker -sources
- IPOs: BRIEF-Lombard Medical tech to raise 21 mln stg through placing, subscription
- Private Capital: UPDATE 2-ING's S.Korean unit sale attracts three bids after delay
- Hedge Funds: Toscafund bullish on UK economy and stock market
- Regulatory: BRIEF-Barrick Gold, Silver Wheaton shares halted, news pending
- Deals of the day -- mergers and acquisitions - Reuters
- Exclusive: Malaysia tycoon plans IPO of football club Cardiff City - sources - Fox Business
- Saks at Priciest Means KKR Mulls Neiman Merger: Real M&A - Bloomberg
- Nomura, Morgan Stanley Said to Be Lead Banks for Suntory IPO - Bloomberg
- Activists rally against potential LA Times sale to Koch brothers - Los Angeles Times
- Royal Mail sounds out market for £1.5 billion IPO loan - Reuters
- Bankia nears sale of Florida bank for $900 million: source - Reuters
- New shows going on sale: The Wanted, Howie Mandel, Styx, more - The Star-Ledger - NJ.com
- Fighters escort Pakistan plane to airport, two arrests |
- Security services in spotlight after soldier murder |
- BA jet makes emergency landing after engine fire
- Analysis - German economy to pick up but fall short of traditional pace
- Taliban attack U.N. compound in Afghan capital - police
- North Korea says will take 'positive steps' for peace
- Academics back BP's fight to cap oil spill payouts
- UK may be three quarters of the way through debt purge - Fisher
- Banks in the spotlight in debate over UK listing rules