United Kingdom


Verizon to buy Yahoo's core business for $4.8 billion in digital ad push


NEW YORK/SAN FRANCISCO Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant. | Video


Buyout funds eye alliances for SABMiller's Pilsner, east Europe brands 25 Jul 2016

LONDON/PRAGUE U.S. and European buyout funds are gearing up for SABMiller's sale of its central and eastern European beer brands, with some seeking to join forces to snap up assets worth up to 7 billion euros ($7.7 billion), sources familiar with the matter said.


Umicore, Sinochem expected to bid for Total's Atotech: sources 25 Jul 2016

FRANKFURT Chemicals groups Umicore and Sinochem are among the groups interested in German surface finishing and metal plating company Atotech, put on the block by France's oil giant Total , people close to the matter said.


Austrian bank Raiffeisen plans to sell stake in insurer Uniqa 25 Jul 2016

VIENNA Austria's Raiffeisen Zentralbank [RZB.UL] plans to sell most of its shares in insurer Uniqa , it said on Monday, moving toward bolstering its capital reserves while it considers merging with a listed unit for the same reason.

Former Deutsche M&A head Ratigan to join healthcare boutique Leerink 1:10am BST

Jim Ratigan, who left his post at Deutsche Bank AG as head of Americas mergers and acquisitions earlier this month, has agreed to join U.S. healthcare investment banking boutique Leerink Partners LLC, a Leerink spokesman said on Monday.


Slovenian Gorenje says Panasonic may bid to take it over 25 Jul 2016

LJUBLJANA Slovenian home appliances maker Gorenje said on Monday it had signed a deal with Japanese consumer electronics firm Panasonic Corporation that could lead to Panasonic taking it over.


Aurelius rallies Oi bondholders as bankruptcy battle looms 25 Jul 2016

SAO PAULO Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands-based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization.


Apollo Global affiliates to take Outerwall private in $1.6 billion deal 25 Jul 2016

Outerwall Inc , the owner of Redbox video rental kiosks, said it had agreed to be taken private by affiliates of private equity firm Apollo Global Management LLC in a deal valued at about $1.6 billion.


SunEdison unit TerraForm Power adopts poison pill 25 Jul 2016

SunEdison Inc's unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company.


Shell Philippines files $629 million IPO; may be country's largest in 2016 4:39am BST

MANILA Pilipinas Shell Petroleum Corp is looking to raise up to 29.7 billion pesos ($629 million) in what could be the Philippines' third and largest initial public offering (IPO) this year.