Deals
Topics also related to Deals Sections:
Sprint offers $2.1 billion to buy rest of Clearwire
- Sprint Nextel Corp, the majority owner of Clearwire Corp, has offered $2.1 billion to buy the rest of the wireless service provider but it may have to raise its offer to get enough shareholder backing to secure a deal.
Exclusive: Softbank caps Sprint's Clearwire bid; investors want more
NEW YORK - Sprint Nextel Corp's $2.1 billion offer to buy out Clearwire Corp appeared to be running into trouble on Thursday, as some shareholders said they wanted more money while Softbank Corp set a cap on how much Sprint could pay.
AirAsia unveils $9.4 billion Airbus order
BROUGHTON - AirAsia confirmed a $9.4 billion order for 100 more Airbus jets on Thursday, making it the European planemaker's largest airline customer by number of planes ordered.
Best Buy shares rise on report Schulze will make bid
- Best Buy Co Inc shares rose as much as 19 percent on Thursday after the Minneapolis Star Tribune reported that company founder Richard Schulze will make a fully financed offer to take the company private by Saturday this week.
Encana, PetroChina take $2.2 billion stab at joint venture
CALGARY, Alberta - PetroChina will pay Encana Corp C$2.2 billion ($2.2 billion) for a 49.9 percent stake in a rich Alberta shale gas prospect, the first test of new guidelines issued by Ottawa for major energy investments by foreign state-owned enterprises.
ArcelorMittal makes Nunavut equal partner in Baffinland
BRUSSELS - The world's largest steelmaker ArcelorMittal has ceded part of its stake in Canada's Baffinland Iron Ore Mines to Nunavut as it seeks to cut costs in a sluggish global market.
Risanamento in talks with Idea Fimit for Santa Giulia
MILAN - Italian real estate company Risanamento said on Thursday it will start exclusive talks with fund Idea Fimit for the sale of the huge Santa Giulia development area on the outskirts of Milan.
Renault's exit gives Volvo more freedom to restructure
PARIS/STOCKHOLM - Renault has sold its stake in Swedish truck manufacturer Volvo to invest in its core business and cut debt, giving the Swedish company greater freedom to tackle its own problems in Europe.
Broker Newedge says may split execution, clearing
PARIS/NEW YORK - French broker Newedge, owned by Credit Agricole and Societe Generale , said it was considering a split of its asset execution and clearing businesses as part of a wider restructuring aimed at making it more competitive.
Migros plays down Wal-Mart report
ISTANBUL - Turkish retailer Migros Ticaret AS poured cold water on a report that Wal-Mart Stores Inc was in talks to buy an 80 percent stake, sending its shares lower after an initial spurt on Thursday.
- Finance: Legg Mason to buy fund-of-hedge-funds firm Fauchier
- Technology: Anil Ambani's Reliance Group, China's Wanda to form JV
- Healthcare: Medicines Co to spend $300 million to boost hospital products line
- Consumer: Best Buy shares up 17percent on $5 billion founder bid report
- Energy: Encana, PetroChina take $2.2 billion stab at joint venture
- Industrials: Airbus confirms $9.4 billion AirAsia order
- M&A;: UPDATE 5-Encana, PetroChina take $2.2 bln stab at joint venture
- Bankruptcy: UPDATE 1-Michigan lawmakers OK new emergency manager bill
- IPOs: DryShips open to selling drilling unit Ocean Rig - COO
- Private Capital: KKR bidding for Australia Leighton's fibre-optic unit -source
- Hedge Funds: Lloyds bet starts to pay off for hedge fund Lansdowne
- Regulatory: Brazil to reform banking industry regulation -central bank chief
- SolarCity IPO shines - CNN
- Best Buy stock jumps 15.9% on buyout report - USA TODAY
- Cost estimates of Rutgers merger climb - The Star-Ledger - NJ.com
- Possibility of Baltimore Sun sale brings interest from investors - Baltimore Sun
- Congressional Research Service Report Puts 'Stake In The Heart' Of GOP Tax ... - Huffington Post
- Heth and other investors buy stake in Russian theater chain - latimes.com - Los Angeles Times
- American's CEO presents case to pilots for exiting bankruptcy as stand-alone - Dallas Morning News
- Berlian Laju Tanker Creditors File Involuntary Bankruptcy - Bloomberg
- Obama, Boehner hold "frank" meeting amid "fiscal cliff" frustration
- EU leaders promise further steps to quell crisis
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- Venezuela's Chavez improving after surgery complications
- Labor market brightens, consumers step up spending
- Susan Rice withdraws as secretary of state candidate
- U.S., rebels urge gloomy Moscow to help oust Assad
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- Senate committee approves report on CIA interrogations, revives torture debate
- Boehner: White House willing to "slow-walk" up to "fiscal cliff"
- Bomber kills American near Afghan base after Panetta visit
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- Republicans losing public opinion wars in "fiscal cliff" talks
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