Comcast in talks with Charter over divestitures: source


- Comcast Corp is in talks with Charter Communications over selling or spinning off roughly 3 million subscribers worth approximately $18 billion to $20 billion as part of the divestitures related to its $45.3 billion takeover of Time Warner Cable , according to a source familiar with the matter.


Telus in new agreement to buy Canadian startup Mobilicity 18 Apr 2014

- Telus Corp , one of Canada's dominant telecom providers, has reached a new agreement to acquire struggling wireless startup Mobilicity, in a renewed bid to overcome government objections on competition grounds.

China releases list of companies planning to list after IPO drought 19 Apr 2014

BEIJING - China's securities regulator on Saturday released draft prospectuses for a small group of companies planning to list, in a move that may soothe investor concerns that the country had put in place a de facto freeze on IPOs.

Merger talks between Barrick Gold and Newmont Mining break down: WSJ 18 Apr 2014

- Merger talks between Barrick Gold Corp and Newmont Mining Corp , the world's top two gold producers, broke down in the past few days, the Wall Street Journal reported on Friday, citing unnamed sources.


Fashion house Armani pays 270 million euros to settle Italian tax dispute: paper 18 Apr 2014

MILAN - Fashion house Giorgio Armani paid 270 million euros ($374 million) to Italian tax authorities last week to settle a dispute over payments from the group's subsidiaries abroad, Italian newspaper Il Sole 24 Ore reported on Friday.

TPG-led group to make $450 million investment in Airbnb: source 18 Apr 2014

- A group led by private equity firm TPG Capital Management LP has agreed to invest $450 million in Airbnb Inc, valuing the online home-rental marketplace at $10 billion, a source familiar with the matter told Reuters.

Merck extends AZ offer again over Chinese antitrust issues 18 Apr 2014

FRANKFURT - German liquid crystal maker Merck KGaA extended the offer period for its planned takeover of AZ Electronic Materials for a sixth time on Friday as it continues to seek Chinese antitrust approval.

Atos says offer for Steria, in cash, still open after Sopra bid 18 Apr 2014

PARIS - A takeover saga shaking up France's IT services sector took a new turn on Friday when Atos said its bid for rival Steria , made before the latter agreed to an all-share offer from Sopra , was in cash - and was still on the table.


NY attorney general seeks info from high-speed firm Virtu: source 18 Apr 2014

NEW YORK - High-speed trading firm Virtu Financial Inc, which has been pursuing an initial public offering, has received a letter of inquiry from the New York attorney general amid a wider probe of the industry, a person familiar with the matter said on Friday.


Exclusive: 'Leopard King' Cavalli nears 450 million euro sale to Permira - sources 17 Apr 2014

LONDON - Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters.

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