The underwriters of Alibaba Group Holding Ltd BABA.N's IPO have issued additional shares, according to the Wall Street Journal, bringing the IPO's size to about $25 billion and making it the largest initial public offering in history.
Deals
StanChart in advanced talks to sell HK consumer unit to Australia's Pepper
Standard Chartered (STAN.L) is in advanced talks to sell its Hong Kong consumer finance business to finance firm Pepper Australia Pty Ltd in a deal that could fetch between $500 million to $700 million, people familiar with the deal said.
AT&T, Chernin venture to buy majority stake in Fullscreen
Otter Media, a joint venture between telecom giant AT&T Inc and The Chernin Group, has agreed to buy a majority stake in Fullscreen, one of the largest networks on YouTube, the companies announced on Monday.
Merck KGaA to buy Sigma-Aldrich for $17 billion
Drugs and chemicals maker Merck KGaA (MRCG.DE) said it agreed to acquire Sigma-Aldrich (SIAL.O) for $17 billion in cash to boost its Merck Millipore lab supplies business in the biggest takeover in the German group's history, lifting its shares.
UK's EE to buy 58 stores from Phones 4u for 2.5 million pounds
Britain's biggest mobile operator EE has agreed to buy 58 stores from retailer Phones 4u [PHONE.UL] for 2.5 million pounds (4 million US dollar), after the retailer was placed in administration a week ago.
Latest News
Swiss private bank Julius Baer is interested in acquiring Coutts International, a unit of Royal Bank of Scotland, but will not get into a bidding war for the venerable British bank's overseas arm, a Swiss paper reported on Sunday.
Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.
Leaders of two of the United States' largest law firms, Boston-based Bingham McCutchen and Philadelphia's Morgan Lewis & Bockius, have agreed to merge, according to three people familiar with the matter.
French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said.
Oliver Samwer, chief executive and co-founder of Rocket Internet is in a position to increase his stake in the German venture capital firm under a stock options program that will be part of its planned stock market listing, a German magazine report said on Saturday.
JBS SA, the world's largest meatpacker, has put off a plan to raise 4 billion reais ($1.7 billion) from the initial public offering of its pork, poultry and food-processing operations in Brazil, two sources with direct knowledge of the decision said.
The Trendlines Group Ltd. ("Trendlines" or the "Company") has filed a final prospectus with the securities regulatory authorities in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and Nova Scotia in connection with the initial public offering (the "Offering") of its ordinary shares. A copy of the final prospectus is available on the SEDAR website at www.sedar.com.
French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.
Germany's Siemens (SIEGn.DE) is considering a bid for compressor and turbine maker Dresser-Rand (DRC.N) that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer (SUN.S), according to several media reports on Friday.
