Deals

Exclusive: France's Iliad sets mid-Oct deadline for T-Mobile US bid - sources

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LONDON/FRANKFURT - French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said.

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Siemens, GE consider bid for Dresser Rand: reports 19 Sep 2014

FRANKFURT - General Electric Co and Germany's Siemens are considering bids for compressor and turbine maker Dresser-Rand that could derail a merger between Dresser-Rand and Swiss pump maker Sulzer , according to media reports.

JBS delays $1.7 billion food unit IPO amid market slide, sources say 19 Sep 2014

SAO PAULO - JBS SA, the world's largest meatpacker, has put off a plan to raise 4 billion reais ($1.7 billion) from the initial public offering of its pork, poultry and food-processing operations in Brazil, two sources with direct knowledge of the decision said.

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Telefonica resolves Brazil antitrust issues with GVT deal: sources 19 Sep 2014

BRASILIA - Spain's Telefonica SA has resolved the antitrust concerns it faced in Brazil by getting rid of its Telecom Italia stake in a deal finalized on Friday to acquire local broadband provider GVT, according to two government sources.

IPO values online furnishings retailer Wayfair at up to $2.32 billion 19 Sep 2014

- Online home-furnishings retailer Wayfair Inc's initial public offering is expected to be priced at $25-$28 per share, valuing the company at $2.32 billion at the top end of the range.

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Chevron taps Deutsche Bank to find buyers for Hawaiian refinery: source 19 Sep 2014

NEW YORK - Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

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SAP buys expenses software maker Concur for $7.3 billion 19 Sep 2014

FRANKFURT - Germany's SAP has agreed to buy U.S. expenses software maker Concur for $7.3 billion in cash, strengthening its position in cloud computing, an area it long hoped to avoid until its momentum became too great to ignore. | Video

Exclusive: Mexico gets first bid for $10 billion national mobile network 19 Sep 2014

MEXICO CITY/PARIS - Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.

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German minister: EU-U.S. trade talks not perfect but EU's best chance 19 Sep 2014

BERLIN - A European free trade deal with the United States may not be perfect but is the last chance for Europe to remain globally relevant, Germany's economy minister said on Friday.

Vivendi, Telefonica seal $9.3 billion Brazilian broadband deal 19 Sep 2014

PARIS/MADRID - French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.

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