Deals
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Rosneft beefs up with TNK-BP purchase
MOSCOW/LONDON - Rosneft tightened its grip on Russia's oil industry on Monday with a $55 billion deal to buy TNK-BP that also makes Britain's BP a one-fifth shareholder in the state-controlled company. | Video
Leonard Green, Ares snap up CHG Healthcare
NEW YORK - Private equity firms Leonard Green & Partners LP and Ares Management LLC have agreed to acquire control of hospital staffing company CHG Healthcare Services Inc from J.W. Childs Associates LP, a deal people familiar with the matter previously told Reuters could top $1 billion.
Iraq ambassador wants U.S. to pressure Exxon on Kurdistan
WASHINGTON - The Obama administration should pressure Exxon Mobil to slow down dealings with Iraqi Kurdistan as they could worsen disputes between Baghdad and the northern province, Iraq's ambassador to the United States said.
Rocky industry complicates Telecom Italia Media sale
MILAN - The sale of Italy's No.3 broadcaster Telecom Italia Media risks falling apart as potential bidders worry about the future of the industry and parent Telecom Italia considers a more radical sale project.
Cerberus working on bid for Supervalu: sources
- Cerberus Capital Management is working on a takeover bid for troubled supermarket operator Supervalu Inc and has held talks with lenders to line up financing, according to three sources familiar with the matter.
HP will honor Violin Memory sales deal but not extend it: source
SAN FRANCISCO - Hewlett-Packard will honor an agreement to sell solid-state storage devices made by Violin Memory but has no plan to extend the deal to future products, a source familiar with the situation said on Monday.
Ancestry.com to be acquired by Permira-led group for $1.6 billion
- Genealogy website operator Ancestry.com agreed to be acquired for $1.6 billion by a group led by Europe-based private equity firm Permira Advisors LLC, four months after it put itself up for sale following the cancellation of a TV show based on its research.
Siemens in talks to sell solar business
FRANKFURT - German engineering group Siemens is pulling the plug on its loss-making solar energy business and is already talking to potential buyers as it tries to close the profitability gap with its peers.
South Africa gives nod to Glencore, Xstrata deal
LONDON - Glencore's $33 billion takeover of miner Xstrata looked set to clear a regulatory hurdle on Monday as South Africa's Competition Commission recommended that the deal was given the go-ahead.
Turkish Airlines to buy up to 20 Boeing B777-300ERs by 2017
ISTANBUL - Turkish Airlines has decided to buy 15 Boeing B777-300ERs by 2017 with an option to buy five more, it said in a statement on Monday.
- Finance: Ally near deal to sell Canadian business to RBC: source
- Technology: Air France wants Air Berlin alliance change: paper
- Healthcare: Pfizer to buy maker of attention-deficit drug for $255 million
- Consumer: Toyota Industries to buy Cascade for $759 million
- Energy: BP denies it has Gelsenkirchen hydrocracker problem
- Industrials: Areva in talks to sell Canberra unit to Astorg
- M&A;: FNB Corp to buy Annapolis Bancorp for $49 mln in stock
- Bankruptcy: UPDATE 1-Solyndra bankruptcy plan approved over U.S. objections
- IPOs: DryShips open to selling drilling unit Ocean Rig - COO
- Private Capital: Leonard Green, Ares snap up CHG Healthcare
- Hedge Funds: Schroders macro hedge fund bets against Bunds
- Regulatory: UPDATE 2-Meningitis probe could hit hospital drug supplies-U.S.
- BP selling stake in Russian venture for $28 billion - Washington Post
- Private equity firm to buy Ancestry.com for $1.6B - Huffington Post
- IndyCar isn't for sale _ but maybe it should be - The Associated Press
- Solyndra Wins Court Approval of Bankruptcy Exit Plan - Bloomberg
- MegaFon Said to Plan Completing IPO This Year After Delay - Bloomberg
- Here's Why You Should Definitely Watch The Final Presidential Debate - Business Insider
- A Look at How Some IPO Stocks Have Fared - ABC News
- The Truth About Marissa Mayer's M&A; Plans - Business Insider
- Obama and Romney meet for final debate as race tightens |
- Obama, Romney now tied in presidential race: Reuters/Ipsos poll |
- Obama faces tough call on Iran oil sanctions
- Yahoo quarterly profit beats, Street awaits Mayer plan
- Rosneft beefs up with TNK-BP purchase |
- "Sickened" UCI strips Armstrong of Tour wins |
- Russia condemns United States for human rights record
- Gunmen, soldiers fight in Lebanon in spillover from Syria |
- Syria rebels pessimistic on mediator's ceasefire plan |
- Russia's jailed punk rock band members sent to prison camps