Deals
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Mars to buy most of P&G;'s pet food business for $2.9 billion
- Confectionery company Mars Inc said it would buy Procter & Gamble Co's pet food brands IAMS, Eukanuba and Natura in the United States and Latin America for $2.9 billion to beef up its pet food business.
U.S. lawmakers press Comcast on Time Warner Cable merger
WASHINGTON - The U.S. Senate Judiciary Committee's chairman on Wednesday urged Comcast Corp to extend its commitment to Internet neutrality beyond 2018 as the cable company's executive reassured lawmakers the proposed merger with Time Warner Cable Inc would not hurt consumers.
Orange closes $1.4 billion sale of Dominican Republic unit to Altice
PARIS - French telecom operator Orange said on Wednesday it had finalized the sale of its Dominican Republic business to cable group Altice .
South Africa's Woolworths set to buy Australia's David Jones for $2 billion
SYDNEY - South African retailer Woolworths Holdings Ltd is set to buy struggling Australian department store operator David Jones for $2 billion after trumping an offer from Myer Holdings Ltd , it was announced on Wednesday.
Risanamento inks deal to sell French assets for 1.2 billion euros
MILAN - Italian real estate group Risanamento said on Wednesday it had signed a preliminary deal to sell all its nine French properties for 1.225 billion euros ($1.69 billion).
Credit Suisse, Stuhlberger to open new fund with $13.6 billion in assets
SAO PAULO - Credit Suisse Group AG and star fund manager Luis Stuhlberger agreed to set up a new asset management venture under his control, extending the bank's relationship with Brazil's most coveted money manager.
Cerberus pulls out of Seibu IPO as price slashed
TOKYO - Japanese railway and property conglomerate Seibu Holdings slashed the estimated price of its initial public offering by as much as a third on Wednesday, leading its top shareholder Cerberus to forego an exit from an often fraught relationship.
South Africa's Woolworths set to buy Australia's David Jones for $2 billion
SYDNEY - South African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping a merger proposal from Australian rival Myer Holdings Ltd with a hefty premium.
Russian unit of Metro adds banks for IPO-sources
MOSCOW - The Russian unit of German retailer Metro now has four banks working on its delayed initial public offering, with Morgan Stanley and Citibank working alongside Goldman Sachs and Sberbank , three financial sources said.
Franken says he opposes Comcast deal to buy Time Warner Cable
WASHINGTON - U.S. Senator Al Franken, who has criticized Comcast's plan to buy Time Warner Cable but stopped short of asking for it to be blocked, said on Wednesday that he opposed the deal.
- Finance: Hotel chain La Quinta makes subdued debut in crowded IPO market
- Technology: Leahy urges Comcast to extend net neutrality rules beyond 2018
- Healthcare: Sheridan Healthcare hires banks for IPO: WSJ
- Consumer: Volvo puts partnership with Russian tank maker Uralvagonzavod on hold
- Energy: Petrobras secures $1.8 billion Bradesco loan for refinery: source
- Industrials: TRLPC: Blackstone to back Gates buy with roughly $4.2B in debt
- M&A;: UPDATE 1-Credit Suisse, Stuhlberger to open new fund with $13.6 bln in assets
- Bankruptcy: UPDATE 1-Detroit settlement with insurers cuts bondholder losses
- IPOs: BRIEF-Allied Irish Banks says issues 500 mln euros of 5-year senior unsecured funding
- Private Capital: UPDATE 2-Political heat rises over bid for Spanish olive oil giant
- Hedge Funds: Apocalypse Now? China 'bears' hope for their "told you so" moment
- Regulatory: U.S. bill seeks to block mandatory GMO food labeling by states
Free Deals Newsletter
Is U.S. economic patriotism hurting?
Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.
- La Quinta Raises $650 Million Pricing IPO Below Marketed Range - Bloomberg
- Comcast Argues Merger With Time Warner Cable Will Be Good For Consumers - Forbes
- Box's IPO will be a big test for squishy tech stocks - Quartz
- Ally Financial IPO is a taxpayer win, but don't buy the stock - Fortune
- Decision nearing on possible merger of Pennsylvania school districts - Fox News
- Nigeria's Seplat Raises $500 Million in IPO - New York Times
- UPDATE 2-Cerberus pulls out of Seibu IPO as pricing slashed - Reuters
- Detroit bankruptcy breakthrough: City hammers out deal with unsecured ... - Detroit Free Press
- Separatists build barricades in east Ukraine, Kiev warns of force
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- Pennsylvania high school student wounds 20 in stabbing rampage
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- Wholesale stock accumulation slows, to hit growth
- Mars to buy most of P&G;'s pet food business for $2.9 billion
- Hezbollah confident in Assad, West resigned to Syria stalemate
- Iran, six powers face 'significant gaps' in nuclear talks
- New ping signals spark confidence in Malaysia Airlines search
- Election board rejects Turkish opposition call for Ankara re-run
- Toyota to recall nearly 6.5 million vehicles for steering, other faults
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- Bomb kills 20 in market on edge of Pakistani capital
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