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).


Latest News

Goldman Sachs (GS.N) is considering selling off Swedish oil group Svenska Petroleum Exploration in chunks, the Independent on Sunday reported.
The ripple effects of Facebook Inc's botched IPO appear to already be hitting the market for initial public offerings
The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore.
International Financial Corp (IFC) is planning to take part in the planned $1.5 billion listing of Malaysia's Integrated Healthcare Holdings.
Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors.
the criminal record of one of North Street Capital's founders raises questions about bidding efforts.
Private equity firm PAI Partners has pulled out of the race to buy Iglo Group. Private equity firm PAI Partners has pulled out of the race to buy Iglo Group, Europe's biggest frozen food company, leaving Blackstone and BC Partners as frontrunners for a company that could fetch 3 billion euros ($3.
Lehman Brothers Holdings Inc has reached a deal to buy the last portion of the apartment company. Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.
Auto-parts maker Delphi Automotive Plc (DLPH.N) made a binding offer to buy FCI Group's motorized vehicles division (MVL) for about $972 million.
Yuanta Financial (2885.TW) has pulled out of talks on a deal worth up to $1.25 billion to buy Carlyle Group-backed Taiwanese bank Ta Chong.