Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.
Legal & Regulatory
US regulator subpoenas metals warehousing companies
A US regulator subpoenaed major metal warehousing firms after an alleged restriction of material inflated prices.
Chubby Checker is suing HP over genital-measuring app
US District Judge William Alsup said singer songwriter Chubby Checker could sue Hewlett Packard Co for infringing his trademarked name.
Spain to seek UN support over Gibraltar row with Britain
Spain may seriously consider taking their Gibraltar dispute with Britain to the United Nations for support on the issue.
Porsche continues to face legal battle against hedge fun cartel claims
Porsche faces court battles with investors over volkswagen AG. Porsche SE continues to face new legal battles against investors over their aborted purchase of Volkswagen AG.
Latest News
The Philippine Department of Transportation and Communications said it is eyeing the possibility of rebidding the LRT-1 Cavite extension project under revised terms.
Shanghai Securities News said the Ministry of Public Security and a cabinet-level research center of China were preparing to investigate on EMC Corp, IBM Corp and Oracle Corp over security concerns.
Japan Tobacco International said they will continue to grow in the Philippines despite higher taxes on cigarettes.
Albay Governor Joey Salceda and two representatives preferred to have SMEC takeover Albay Electric Cooperative (ALECO).
A judge approved the foremost cable systems' plan to sell their spectrum to Verizon Wireless and cross sell their individual wireless and cable plans.
Two former executives of Vitesse Semiconductor Corp pleaded guilty for inflating the earnings of the corporation and backdating stock options.
'Die Hard' star Bruce Willis' television commercial was banned from Britain's airwaves for being misleading.
Nintendo Co. won a 50% cutback of the USD30.2 million in damages awarded to Sony Corp's former worker Seijiro Tomita.
US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages. On Wednesday, a court order said US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages.
