SANTANDER Spain - Telefonica plans to exit Telecom Italia once the Spanish group has finalised the purchase of Vivendi's Brazilian broadband business GVT, ending a long-standing shareholding and easing competition concerns in Brazil.
PARIS - French low-cost telecom operator Iliad may improve its $15 billion offer for T-Mobile US but has set specific limits on how much money it would raise to fund any deal.
AMSTERDAM/BRUSSELS - Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010.
LONDON - Len Blavatnik's investment group Access Industries said on Monday it planned to buy out the rest of Perform that it did not already own, valuing the entire sports rights firm at 701.6 million pounds ($1.2 billion).
SEOUL - Samsung Heavy Industries will absorb Samsung Engineering for about $2.5 billion, the latest step in a restructuring at South Korea's largest conglomerate that has accelerated since the controlling Lee family's patriarch was hospitalized in May.
MADRID - Barclays' sale of its Spanish banking business to Caixabank looks set to mark the end of a hectic first round of consolidation in the country's finance industry as it emerges from the financial crisis.
- Norwegian Cruise Line Holdings Ltd , the world's third largest cruise operator, is in advanced talks to acquire peer Prestige Cruises International Inc for around $3 billion, according to people familiar with the matter.
LONDON - Bankers are working on debt financing packages of around 1 billion euros ($1.3 billion) to back a potential sale of Norway's second-biggest cable operator Get, banking sources said on Monday.
- Virgin Money [NRTRK.UL], the British financial services company partly owned by Sir Richard Branson, is in talks over a possible 2 billion pound ($3.32 billion) stock market listing as early as next month, Sky News reported on Sunday, citing people familiar with the matter.
PARIS/LONDON/MILAN - Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.
- Finance: Spain's Caixabank eyes $197 million synergies from Barclays deal
- Technology: A&E to take a stake in Vice Media at $2.5 billion valuation
- Healthcare: Australia says to sell Medibank in December listing
- Consumer: Alibaba aims to launch share sale in early September: source
- Energy: Exclusive: India's Reliance plans $13 billion projects including new refinery
- Industrials: India nears $2.5 billion deal for Boeing military helicopters
- M&A: RLPC-Imperial Tobacco closes $13 bln of loans
- Bankruptcy: KPMG refuses to approve BES accounts, warns of further loss
- IPOs: RLPC-Imperial Tobacco closes $13 bln of loans
- Private Capital: China-CEE, Israeli Enlight to invest $406 mln in Polish wind farms
- Hedge Funds: Risk-averse UK investors slash equity holdings in August
- Regulatory: Exelixis to cut jobs after prostate cancer drug fails late-stage study
Free Deals Newsletter
- Alibaba IPO planned for week of September 8, report says - CNET
- Iliad Said in Talks With Buyout Firms on T-Mobile US Bid - Bloomberg
- Alibaba Pushing Back Start of IPO Investor Meetings - Bloomberg
- Detroit's bankruptcy battle begins - USA TODAY
- Boulevard rolls out annual school-benefit sale - St. George Daily Spectrum
- Fiat Chrysler clears way for Oct. 13 IPO - USA TODAY
- Eircom targets €3bn IPO in October as buyers drift away - Irish Independent
- Return to sender! Elvis's $600k luxury jet on sale on aviation classified site ... - Daily Mail