Mergers & Acquisitions
Topics also related to M&A;:
Italy council issues ruling against Acea privatisation plan
ROME, July 24 - The Italian Council of State upheld an appeal against plans to privatise utility company Acea, ruling that the Rome city administration had failed to respect the opposition's right to be consulted in approving the sale.
UPDATE 1-Wet Seal says in talks with Clinton Group
July 24 - Women's apparel retailer Wet Seal Inc said it is in discussions with Clinton Group after the major shareholder called for a sale of the company.
UPDATE 2-India's Jindal Steel to buy Canadian coal company CIC
July 23 - Canadian coal mine developer CIC Energy Corp has agreed to be sold to India-based Jindal Steel & Power Ltd for C$116 million ($114 million) in cash, more than a year after ending an agreement with JSW Energy Ltd .
UPDATE 1-Pentair profit up 7.7 percent, helped by higher prices
July 24 - Pentair Inc reported a 7.7 percent rise in earnings that topped analysts' expectations, helped by higher selling prices for its pumps and filters, which are used in applications including municipal water systems and homes.
US securities class-action settlements tumble
* Fewest monetary accords since laws overhauled in 1995 -NERA
UPDATE 1-EU suspects 13 optical disk drive firms of cartel
BRUSSELS, July 24 - European Union antitrust regulators told 13 optical disk drive producers on Tuesday that they may have breached EU rules by rigging bids over a five-year period as part of a worldwide cartel that may lead to fines for the companies involved.
UPDATE 1-ING in restructuring talks with EC, Dutch state
AMSTERDAM, July 24 - Dutch bank and insurer ING , forced to sell assets in return for receiving state aid during the financial crisis, said on Tuesday it was in talks with the Dutch state and the European Commission over an amended restructuring plan.
Deals of the day -- mergers and acquisitions
July 24 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Tuesday.
UPDATE 2-Rosneft to enter talks with BP to buy TNK-BP stake
MOSCOW, July 24 - Russian state oil company Rosneft took centre stage in the dispute over assets owned jointly by BP and a group of billionaires, announcing on Tuesday that it is to enter talks to buy the British oil major's 50 percent stake in TNK-BP.
UPDATE 1-Freeport Indonesia says offers govt 9 pct stake
* Freeport says contract terms exempt it from new mine ownership rules
- Finance: UPDATE 1-Cisco wins EU approval for $5 bln NDS acquisition
- Technology: Cisco wins EU approval for NDS acquisition
- Healthcare: UPDATE 1-Owens & Minor to buy Celesio unit for $158 mln
- Consumer: UPDATE 3-TPG makes fresh $712 mln bid for Australia's Billabong
- Energy: Rosneft enters talks with BP to buy TNK-BP stake
- Industrials: Freeport Indonesia says offers govt 9 pct stake
- Obama attacks on taxes and Bain hit Romney ratings
- Egypt's Mursi names little-known water minister as PM
- UK PM's ex-media chief, friend charged over hacking |
- Iran launches its first home built oil tanker
- Exclusive: Deutsche Bank's own Libor probe clears board - sources
- NCAA sanctions Penn State for Sandusky scandal
- AT&T; posts higher-than-expected quarterly earnings
- Colorado massacre suspect appears in court looking dazed, sleepy |
- Late night attacks take Iraq death toll to 116: police, medics |