Germany's steel maker ThyssenKrupp denied reports of having cancelled the sale of Steel Americas.
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TDF receive bids below its benchmark price
TDF set its floor price for its sale at EUR4 billion but offers made were below the said price. Telediffusion de France, the broadcast tower operator, had received from Dering Capital a non-binding offer worth EUR3.
Investment bankers instrumental to previous bid help in new Vodafone-Verizon deal
Former bankers returned home to Verizon to provide advisory assistance For bankers giving guidance and advice to Verizon Communications Inc, it had been a ten year long wait to be able to formalize the USD130 billion deal to take full control of Verizon Wireless.
Zurich CFO suicide aftermath threatens Ackermann’s legacy
The suicide of a Zurich Insurance executive might threaten opportunities for its former CEO Josef Ackermann who announced resignation from the company last week.
OTP Bank prepares offer for state owned shares in Takarekbank
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
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Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.
Palm Hills, the Egyptian developer wracked with intrigue and controversy from the Mubarak regime, had obtained approval from regulators as to its new share issue.
CBS Corp and Time Warner Cable had reached an agreement to end a month long cable blackout of some shows in New York, Dallas and Los Angeles.
In a filing on the Bombay Stock Exchange, the State Bank of India said that it had raised its stake in its Indonesian subsidiary by 99%.
Polands 2014 privatization target would be met through several sale of its stakes in listed firms. Poland had expected to meet privatization targets by 2014 through several sale of its stakes listed in companies.
Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.
After completion of the Vodafone-Verizon USD130 billion deal, Vodafone would return a hefty USD84 billion in cash and shares to its investors.
PT Indofood Sukses Makmur offered SGD488 million in cash for the vegetable processing firm Minzhong Food Corp.
UK task marketplace Sooqini announced USD500000 in seed funding from Lars Toft Larsen and Paolo Rubatto.
