Founder Guy Laliberté has agreed to sell control of Cirque du Soleil, the world's largest theatrical production company, for about $1.5 billion, the Globe and Mail reported, citing sources familiar with the matter.
Deals
No decision yet on Mistral, France's Hollande says
No decision has yet been taken on the future of France's suspended contract to deliver Mistral helicopter carriers to Russia, French President Francois Hollande said on Friday after meeting Russian President Vladimir Putin.
Comcast plans to drop Time Warner Cable bid: Bloomberg
Comcast Corp plans to drop its $45 billion offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter.
ConocoPhillips weighs sale of North sea assets in Norway - Bloomberg
ConocoPhillips Inc (COP.N) is weighing sale of some of its North Sea assets in Norway which may fetch as much as $1 billion, Bloomberg reported, citing sources familiar with the matter.
Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed
Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge.
Latest News
Japan's Daiichi Sankyo Company Ltd (4568.T) is selling its stake worth up to $3.6 billion in Indian drugmaker Sun Pharmaceutical Industries Ltd (SUN.NS), a person directly involved in the deal said on Monday.
U.S. arms maker Raytheon Co (RTN.N) said it would buy cybersecurity provider Websense Inc from private equity firm Vista Equity Partners LLC for $1.9 billion, including debt.
Prologis Inc (PLD.N), which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion.
Japan's biggest airline, ANA Holdings Inc (9202.T), will buy a stake of less than 20 percent in Skymark Airlines Inc (SKALF.PK) as part of a rescue plan for the bankrupt domestic budget carrier, people familiar with the matter told Reuters.
Financial technology company SunGard Data Systems Inc is preparing to appoint financial advisers to explore a sale that could value it at as much as $10 billion, including debt, people familiar with the matter said on Friday.
Japan's Sharp Corp and its main banks are set to agree on Thursday to a $1.7 billion rescue and restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said.
Personal care and cosmetics companies Henkel & Co KGaA AG, Revlon Inc and Coty Inc are preparing bids for parts of Procter & Gamble Co's beauty business, according to sources.
The third-largest shareholder in Holcim (HOLN.VX) said it was leaning toward supporting the Swiss cement maker's merger with French rival Lafarge (LAFP.PA), according to an interview with Swiss newspaper Finanz und Wirtschaft.
Nestle (NESN.VX) is in exclusive talks to sell its frozen food unit Davigel to food service operator Brakes Group as part of a drive to trim its sprawling portfolio.
