Norway's Telenor and Russian partner Alfa Group have agreed to merge their Russian and Ukrainian holdings into a New-York listed mobile operator worth over $23 billion, ending one of the longest ever Russian corporate wars.
British Business Secretary Peter Mandelson said on Monday he was prepared to discuss support for Vauxhall with parent Opel's new owners, Magna (MGa.TO), noting that representatives from the Canadian auto parts supplier were due in Britain this week.
Finisar Corp, which makes high-speed network gear, said it has agreed to establish a new $70 million credit facility with Wells Fargo Foothill.
A U.S.-led group has entered the race to buy Ford Motor Co's (F.N) Volvo cars unit, the Financial Times reported, in a challenge to China's Geely Automotive (0175.HK) which last month confirmed its interest in the loss-making Swedish carmaker.
Southeast Asia's largest developer CapitaLand will list 20-30 percent of its shopping mall arm in a Singapore initial public offering that sources said could raise at least $1 billion.
Britain's Immunodiagnostic Systems Holdings Plc said first-half revenue from continuing operations rose 56 percent and it was confident of executing its plans for the current year.
Japan's Mazda Motor Corp said on Monday that it would raise up to 95.9 billion yen ($1.1 billion) by issuing new shares and selling treasury stock.
Aviva, Britain's second-biggest insurer, said on Monday it expects to complete the planned stock market flotation of its Dutch unit, Delta Lloyd, in November.
Norway's Telenor and its key partner in Russia, the Alfa Group, will pool their Russian and Ukrainian holdings into a New-York listed mobile operator, ending one of the longest corporate wars Russia has ever seen.
South Korea's No.4 banking group Hana Financial, whose two biggest shareholders are Singapore wealth fund Temasek and Goldman Sachs, said it may raise capital via a new share sale, fuelling talk of financial sector consolidation and knocking Hana's shares down almost 15 percent.
Swiss digital TV technology company The Kudelski Group is trying to take full ownership of OpenTV Corp for the second time, with a higher offer valuing the interactive TV software maker at $215 million.
A member of the Cadbury family has described Kraft's takeover bid for the British confectionery group as a horror story.
Chinese steel and iron ore group Baosteel has proposed to pay 1 billion pounds ($1.6 billion) for a 30 percent stake in Anglo American's huge Minas Rio iron ore mine in Brazil, according to a report on Sunday.
Private equity firm Bridgepoint is eyeing a dual track process for pet food retailer Pets at Home, sources said, exploring the options of a listing and an outright sale in tandem.
Education Management Corp rose 20.9 percent in its first day of trading on the Nasdaq on Friday, above average for a U.S. initial public offering this year.
Mexican construction company ICA and partner Goldman Sachs placed a package of toll highways on the stock market on Friday, the first use of a new investment vehicle meant to boost financing for infrastructure projects.
A group of investors including Starwood Capital Group and private equity firm TPG are the likely winner of the auction for assets of failed Corus Bank, a source familiar with the situation said on Friday.
Israeli holding company IDB Holding Corp said on Saturday it was close to signing a deal to acquire from HSBC the bank's headquarters in Manhattan for $330 million.
International real estate firm Hines plans to set up a $1 billion distressed asset fund focusing on the United Arab Emirates, a company official was quoted on Saturday as saying.
Cities and municipalities are having trouble spending the money allotted by the controversial Neighborhood Stabilization Program, which was passed by Congress last year to acquire houses in blighted neighborhoods.
Federal Reserve Chair Ben Bernanke made a case to Congress on Thursday that the Fed needed additional powers to oversee banks, insurance companies, hedge funds, and others. He also admitted that the Fed hasn’t done a good job protecting consumers but said improvements are being made.
Three U.S. banks failed on Friday, bringing the total to 98 this year, as regulators continue to shutter financial institutions that are overwhelmed by bad loans and liquidity problems.
A former JPMorgan Chase & Co Inc employee sued the bank on Friday, accusing it of firing him after he uncovered what he said were schemes to overstate the value of bank assets, court documents showed.
Labor costs at Ford Motor Co (F.N) are about $16 an hour higher in Canada than in the United States, the Canadian Auto Workers confirmed on Friday, but union said it needs guarantees on production levels before it agrees to concessions to level the field.
Chrysler Group LLC said on Friday it will idle production of its Jeep Wrangler SUV for a week starting Monday due to part shortages from an unidentified supplier.
North Carolina regulators approved Progress Energy Inc's plan to spend about $900 million to build a 950-megawatt natural gas-fueled power plant in Wayne County to replace a 406 MW coal-fired plant, the company said in a release late Thursday.
The Southern Union Co, which once owned the New England Gas Company, was sentenced on Friday to pay a $6 million criminal fine and $12 million to community initiatives for illegally storing mercury at a Rhode Island site, the U.S. Justice Department said.
West Corp, an operator of call centers and conference calls, filed plans on Friday to raise as much as $500 million in an initial public offering.
Beer heavyweight SABMiller Plc is seen as a front-runner to buy Mexico's No. 2 brewery, owned by FEMSA, possibly drawing rival AB InBev into a showdown in the country's lucrative market.
Julius Baer has emerged as the frontrunner to acquire Dutch ING's Swiss private banking assets, two people familiar with the matter said, and a deal could be announced as early as next week.
