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Bristol-Myers Squibb to exit diabetes joint venture - Citi analyst

An announcement made last Thursday of a realignment in priority drug research projects prompted Citi analyst to advise shareholders of a possible interest divestment in diabetes drug joint venture between Bristol-Myers Squibb and AstraZeneca.


Divest flight slots at Reagan National - Southwest, JetBlue to AMR-US Air

Southwest Airlines and JetBlue Airways articulated its interest in acquiring AMR-US Airway flight slots in Washington.

Groupon acquires South Korea's Ticket Monster

E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.

CORRECTED: First Gulf Bank completes deal for Dubai First

The credit card business unit of Dubai Group was acquired by First Gulf Bank. CORRECTION: Corrections made on acquisition parties. First Gulf Bank, which is based in Abu Dhabi, announced the finalization of its acquisition of Dubai First.


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Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
Fosun International raised USD500 million from selling convertible bonds. Fosun International, the largest privately-owned conglomerate in China, managed to raise HKD3.
The assets it owns in Argentina as well as towers in Italy and Brazil are but some of the assets seeking Telecom Italia seeks to unload.
By raising USD875 million on its market debut, Numericable recorded th biggest IPO in the French market for the past four years.
Chinese firm CRED Real Estate bought New Zealand's Pepper's Carrington resort for an undisclosed amount.
Opthalmic lens maker Essilor announced it plan to buy sunglass company Costa for USD270 to tap the growing market of prescription sun lens.
Path reportedly received additional funding at more than USD7 million amid departures of its team members.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
The Swiss National Bank sold the bailout fund of UBS for USD3.762 billion. On Friday, the Swiss National Bank (SNB) said it had sold UBS's stabilization fund back.
Indigo Parners LLC said it would go ahead with its plan to acquire Frontier Airlines despite its failure to reach a labor deal with its flight attendants.