GSK raises $853 million by halving stake in South African drugmaker

GlaxoSmithKline (GSK.L) has taken profits in Aspen Pharmacare (APNJ.J) by selling half its stake in the South African drugmaker for $853 million, following a long investment in the firm.


Rivals call for BT break-up in review of UK telecoms sector

Broadband providers Sky and TalkTalk have called on Britain's telecoms regulator to break up BT, the market leader whose network they rely on, in the biggest review of the sector for a decade.

Airbus Helicopters near large South Korean order: reports

Airbus Helicopters (AIR.PA) is in the final stages of talks that could land it a contract worth at least $3 billion for the development and production of military and civil helicopters in South Korea, French media said on Wednesday.

Indian firms could get boost from Google, Alibaba

Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba. Chinese e-commerce giant Alibaba is in talks with Indian online marketplace Snapdeal over a potential cash investment,


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KKR & Co LP (KKR.N) is in advanced talks to acquire Air Medical Group Holdings Inc in a deal that could value the U.S. helicopter ambulance company at around $2 billion, including debt, according to people familiar with the matter.
Simon Property Group Inc (SPG.N) offered to buy Macerich Co (MAC.N) for $14.39 billion in a deal that would join the No. 1 and No. 3 U.S. shopping mall owners.
Swiss company Holcim (HOLN.VX) came under pressure on Monday to secure improved terms for its shareholders in a planned merger with France's Lafarge (LAFP.PA) that would create the world's largest cement maker.
Chipmaker Qualcomm Inc said it would buy back up to $15 billion of shares and raise its quarterly dividend. Shares of the company, which said it would buy back up to $10 billion of shares in the next 12 months, rose 2.6 percent to $74.60 in extended trading on Monday.
Concordia Healthcare Corp (CXR.TO), which makes drugs for rare diseases and devices for diabetic patients, said it would buy some assets of privately held Covis Pharma Holdings SARL for $1.2 billion in cash.
Metals company Alcoa Inc (AA.N) on Monday it would acquire titanium supplier RTI International Metals Inc (RTI.N) as it continues to invest in more profitable products for the aerospace and automotive industries.
Online payments company PayPal, a unit of eBay (EBAY.O), will buy Israeli cyber security company CyActive for $60 million, Israeli media reported.
Whiting Petroleum Corp (WLL.N), North Dakota's largest oil producer, is seeking a possible buyer, according to the Wall Street Journal, but a person familiar with the board's thinking told Reuters he was not aware of any such plan.
Air France-KLM (AIRF.PA) will launch a sale of catering unit Servair soon, seen worth up to around 400 million euros ($435 million), and has mandated BNP Paribas to manage the deal, sources familiar with the matter told Reuters.
FamilyMart Co Ltd (8028.T) and UNY Group Holdings Co Ltd (8270.T) said on Friday they were considering a merger that would create Japan's second-biggest convenience store chain, rivaling industry leader Seven-Eleven Japan.
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