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AT&T considers sale of home security business: sources


AT&T Inc is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc , people familiar with the matter said.


Jack Ma-backed Yunfeng leads $1.7 billion purchase of MassMutual Asia unit 9:15am BST

HONG KONG/SINGAPORE Yunfeng Financial Group said it would be the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit - a deal that sent shares in the Jack Ma-backed finance firm soaring as much as 30 percent.

Chicken Soup for the Soul turns cold on debut 5:02pm BST

Shares of the popular 1990's self-help book publisher, Chicken Soup for the Soul Entertainment Inc fell as much as 14 percent in debut on Friday, giving up all their early gains.


Buyout firms get German generics group Stada at second try 5:25pm BST

FRANKFURT Bain Capital and Cinven have won control of Germany's Stada with a sweetened 5.3 billion euro ($6.2 billion) bid for the generic drugmaker, in the largest takeover of a listed German company by buyout firms.


Future of Air Berlin's Niki uncertain as Lufthansa begins talks 3:20pm BST

VIENNA Austrian holiday airline Niki's 850 employees braced for a bumpy ride as insolvent parent Air Berlin began talks on Friday to sell its assets before it runs out of cash.


China's Guangzhou Automobile says no plan to buy Fiat Chrysler 4:13am BST

BEIJING China's Guangzhou Automobile Group Co Ltd has no plans to acquire automaker Fiat Chrysler Automobiles (FCA) NV , a company spokesperson said on Friday.


China issues guidelines for overseas M&As, pushes Belt and Road deals 10:26am BST

BEIJING China's cabinet on Friday issued guidelines to regulate overseas investment as Beijing looks to support capable firms investing overseas while limiting deals in property, hotels, entertainment, sports clubs, and the film industry.

Glenview directors leave Tenet board, cite irreconcilable differences 3:37pm BST

NEW YORK Glenview Capital Management, Tenet Healthcare Corp's largest shareholder, pulled its two representatives off the hospital company's board, citing "irreconcilable differences" over strategy.


China Unicom's $12 billion ownership-reforms plan mired in confusion 1:08pm BST

HONG KONG Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persisting.

Debt-laden Calpine to sell itself for $5.6 billion 6:04pm BST

U.S. power producer Calpine Corp said it would sell itself to a group of investors led by Energy Capital Partners for $5.6 billion, as the debt-laden company struggles with depressed natural gas prices.