TDF set its floor price for its sale at EUR4 billion but offers made were below the said price. Telediffusion de France, the broadcast tower operator, had received from Dering Capital a non-binding offer worth EUR3.
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Analysts say CBS is clear winner in creative content deal with Time Warner Cable
Although both companies declined to comment, analysts said Time Warner might have caved in to CBS's demands for higher transmission fee and additional fees for digital content.
Lafarge will sell 53.3% stake, Honduras unit to Cementos Argos
Lafarge would sell its 53.3% stake in its Honduras business to Cementos Argos for a price tag of EUR 232 million.
Citigroup disposes over USD6 billion in assets to comply new regulations - report
A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.
Mandarin Capital sells stake in IMA
Private equity fund Mandarin Capital said it had sold its stake in IMA through accelerated book building.
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Former bankers returned home to Verizon to provide advisory assistance For bankers giving guidance and advice to Verizon Communications Inc, it had been a ten year long wait to be able to formalize the USD130 billion deal to take full control of Verizon Wireless.
The suicide of a Zurich Insurance executive might threaten opportunities for its former CEO Josef Ackermann who announced resignation from the company last week.
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.
Semiconductor IP supplier ARM announced today that it had signed a definitive agreement to acquire Cadence's PANTA from Cadence Design Systems.
Germany's steel maker ThyssenKrupp denied reports of having cancelled the sale of Steel Americas.
Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.
Palm Hills, the Egyptian developer wracked with intrigue and controversy from the Mubarak regime, had obtained approval from regulators as to its new share issue.
CBS Corp and Time Warner Cable had reached an agreement to end a month long cable blackout of some shows in New York, Dallas and Los Angeles.
