Deals
Opera would cost Facebook over $1 billion: analysts
Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag.
Exor decided Formula One investment too pricey
Fiat and Ferrari's corporate parent Exor opted to pass because the price was too high. Fiat and Ferrari's corporate parent Exor mulled an investment in motor racing company Formula One before its initial public offering, and opted to pass because the price was too high, Chairman and CEO John Elkann said on Tuesday.
Diageo taps into Brazil growth with cachaca buy
British drinks group Diageo (DGE.L) is buying a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million).
Deutsche Wohnen buys German flats from Barclays
German real estate group Deutsche Wohnen (DWNG.DE) said it has agreed to buy a real estate portfolio valued at about 1.24 billion euros ($1.55 billion) from Barclays (BARC.L).