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Bankers ready debt as bids due on Lafarge Holcim assets

Bankers are lining up just over 1 billion pounds ($1.51 billion) of debt financing to back private equity firm KKR’s potential bid for the UK assets of cement makers Lafarge (LAFP.PA) and Holcim (HOLN.VX), banking sources said on Friday.


20 states join U.S. antitrust probe of Family Dollar merger

Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp (DG.N) and Dollar Tree Inc (DLTR.O) to buy Family Dollar Stores Inc (FDO.N), a development that potentially complicates the companies' efforts to win U.S. approval for a deal.

Hacker posts client emails from Swiss bank BCGE

A hacker claiming to be behind a cyber attack on Banque Cantonale de Geneve on Friday divulged confidential client information after the Swiss bank failed to meet demands for payment.

For Sony Pictures CEO, cyberattack won't set studio back

Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyberattack he likens to having your house robbed and burned to the ground.


Latest News

Ellen Pao, a former partner at Kleiner Perkins Caufield & Byers who has filed a discrimination and retaliation lawsuit against the venture firm, had offered to resign from Kleiner five years before filing her lawsuit, court documents show.
Brazilian industrial output took an unexpected step backward in November as production of durable goods declined sharply, further damping hopes of a recovery in the long-beleaguered sector.
Semiconductor company Silicon Image Inc, whose technology helps streams video between consumer electronic devices, is exploring strategic alternatives, including selling itself, according to people familiar with the matter.
Chinese auto information website operator Bitauto Holdings Ltd said JD.com Inc and Tencent Holdings Ltd would invest about $1.3 billion in the company, sending its shares sharply higher in early trading on Friday.
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.
Demands for compensation from Chinese car dealers hit by a market slowdown have become an industry-wide issue, BMW's board member for sales said on Friday, adding relations were not simply about "holding hands and walking into the sunset."
Australian bank Macquarie Group Ltd's aircraft leasing subsidiary is in exclusive talks to buy a portfolio of new planes from Dublin-based lessor AWAS for more than $4 billion, according to people familiar with the matter.
United Airlines (UAL.N) has paid a premium to dump old losing bets on higher oil prices, and is reviewing its strategy for insulating itself from oil market volatility, in a sign of how some airlines' efforts to hedge their fuel costs have backfired.
Fitch Ratings cut its rating on Russia to 'BBB minus' from 'BBB', citing significant deterioration in the country's economic outlook due to the slump in oil prices and falling value of the rouble.
The European Central Bank is considering a hybrid approach to government bond purchases which would combine the ECB buying debt with risk sharing across the euro zone and, in a nod to German qualms, separate purchases by national central banks.