The Turkish flag carrier is still in negotiation with Airbus and Boeing over its plan to order a number of narrow-body aircraft as it aims to increase the number of increase smaller plans this year.
Sectors
Johnson Controls Considers Electronics Unit Sale But Says No to Interiors Sale
The U.S. largest auto supplier is rejecting speculations that it is planning to sell its automotive interiors business, saying it is actually looking forward for the sale of automotive electronics unit.
Parisi: CME Group May Consider M&A If Opportunities Arise
CME Group Inc.'s chief financial officer James Paris says that they are open to potential mergers and acquisitions if opportunities for shareholder value were to arise.
CRTC to Open Public Hearings on BCE-Astral Deal
The Canadian Radio-television and Telecommunications Commission (CRTC)is set to open public hearings on May 6 on BCE Inc.'s C$3 billion proposal to buy Astral Media.
Goldman Sachs Names Co-heads for its Brazilian Investment Banking
The New York-based company has appointed two veterans to develop and boost its developing client franchise in Brazil.
Latest News
Regulators approves Glencore purchase of Xstrata Plc. The US$35 billion takeover of Xstrata Plc has been approved by the South African antitrust regulators.
South Korea's Samsung will be acquiring 3% Share in one of Apple Inc.'s Asian key display suppliers, Sharp Corp., as it dominates in overseas markets.
ING completes transfer of ING Groep NV's transfer to Barclays. ING Groep NV's sale has been completed by ING Direct UK to Barclays Bank. The cost of the transaction would be Eur280 million for the first quarter of 2013 and total loss would be Eur260 million compared to expected returns of Eur320 million.
Softbank expanding into mobile virtual network operations for internet companies. Softbank's next move is expected to make waves in the US wireless market when it enters into a partnership with Internet giants Google and Amazon.
Sohu stocks increase in value on rumored privatization. China's second biggest online video website Sohu. com has increased in value as it lead the gains of Chinese stocks on the basis of a news report saying the company would be privatized.
The bids for the buyout sale of energy metering company Ista, worth around 3 billion euros, are set for the week of March 18
Splunk's lack of competition makes it a record price sale for acquisition. Splunk, the software maker that provides a service that is able to sift through information from websites to networks through tracking inventory, has been able to double its value since its IPO back in April.
MF Global Trustee agrees with JP Morgan for settlement. MF Global together with its creditors have resolved a point of conflict with JP Morgan Chase. This dispute stems from the valuation of intercompany claims in MF Global's estate.
Royalty Pharma has expressed confidence in its bid to buy out Irish drugmaker Elan, saying that its takeover offer is an attractive alternative.
