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Swiss Re in negotiations with Phoenix about Admin Re merger
Swiss Re announced that they are in preliminary talks with Phoenix Group Holdings for possible merger
US bond funds get US$219 million rebound last week
US fixed income mutual funds attracted deposits from investors that came from redemption rebounds after the Federal Reserve announced scaling back of its stimulus.
Technicolor gets refinancing from Tech Finance
Technicolor announced the completion of its refinancing transaction with Tech Finance Technicolor announced the successful completion of its refinancing transaction which allows them to borrow new funds at a lower interest rate.
Liberty Media wants stake in Bharti Airtel's DTH unit
Bharti discussed the sale of its Direct-to-Home unit to Liberty Media. Bharti Airtel is in discussions with American communications and media giant Liberty Media to put up for sale a stake in its unlisted Direct-to-Home line of business.