EADS said it has no longer interest in completing its merger deal with BAE. EADS has said that it has no interest in reviving its deal to merger with BAE system, implying confidence and satisfaction of defense share within its over activities dominated by commercial jet unit Airbus, according to sources close to the matter.
Deals
Clearwire Puts Sprint Offer in Pending While Considering Dish Bid
Cleawire has not accepted yet the bid from Sprint to acquire the company as it considers bid from Dish Network
European Regulators Block Ryanair's 3rd Takeover Bid for Irish Rival
The European antitrust regulators have reject the offer of Ryanair to acquire Aer Lingus. The European antitrust regulators have vetoed the third attempt of Ryanair to take over Aer ingus, saying that the Irish low-cost airline had not shown sufficient concessions to relieve issues on its monopoly on 46 routes.
Flower Foods to Acquire Wonder Bread
Flower Foods frontrunner in bid for Wonder Bread. The No. 2 baking company in the US just got bigger as Flower Foods Inc is in the midst of acquiring Wonder Bread.
Vodafone Resumes Bid to Takeover Germany's Kabel Deutschland.
Vodafone is said to have planned taking over Germany's Kabel after the takeover bid went public.
Latest News
Standard Chartered has been planning to buy the wealth management unit of Morgan Stanley in India. Standard Chartered Plc has been in negotiation to purchase the Indian private wealth management of Morgan Stanley, according to two sources close to the matter.
Office Depot shareholder Starboard has been calling for the sale of Mexican joint venture. Starboard Value LP has urged the shareholder board of Office Depot to explore the sale of its Mexican joint venture interest.
Juniper rethinking future after sales plans fell through. Juniper Network is reviewing its current business focus of enterprise networking businesses after discussions failed to materialize as to the sale of its assets.
Max Levchin, one of the co-founders of online payment mogul Paypal has launched a business competitor last Tuesday.
Lloyds deal to sell branches may not push through due to capital deficit with Co-op. The deal that would allow Co-operative Bank to purchase more than 600 branches of the Lloyds Banking Group is under grave threat not to push through.
Clearwire is in bed with two financial suitors, namely Sprint Nextel and Dish Network. In a report by the Wall Street Journal, Clearwire Corp is planning to seek financing assistance from Sprint Nextel.
EdR expands with Elauwit. EdR, a market leader in the ownership and operations of collegiate housing has announced that it has purchased a 10% stake in Elauwit Networks, a service provider of Internet access, telephone and video services.
BT purchases ESPN UK and Ireland with ESPN America coverage. BT, in a bid to pry open the hold of BSkyB over the pay-TV sports market in Europe, has agreed to purchase ESPN's UK and Ireland television business.
Orbimed expands into Indian healthcare industry. Orbimed Advisors of New York is now preparing to launch its second Pan Asia Healthcare Fund by the end of 2013.
