Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.
Sectors
Haldia Petrochem share sale to be done on Monday
Five companies would be vying for the West Bengali government's shares in Haldia Petrochemicals Ltd through a bidding process.
India's falling currency attracts US investors
Rupee's depreciation makes India an attractive proposition for US investors. India's top ranked takeover advisor Bank of America Corp identified the rupee's depreciation as the main factor in generating interest from US companies in setting up factories in India.
JC Penney's commercial mortgage backed securities affect the market
The commercial mortgage backed securities, especially after the IPO deal, connected to JCPenney have affected the market as a whole.
Icahn tweets withdrawal of appraisal rights suit
Billionaire activist Carl Icahn had withdrawn his campaign to block the leveraged buyout offer of Dell-Silver Lake.
Latest News
In a company announcement, Telecom Italia SpA Chief Operating Officer Marco Patuano was appointed as interim chief executive due to former Chief Executive Officer Franco Bernabe quitting his post yesterday.
The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.
The budget deadlock in the US and the political crisis in Italy could test the growth of the global economy.
Representative John Boehner was compared to a tantrum-throwing baby in a television commercial set to go live on Sunday night football.
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Shareholder Marvin Pearlstein filed a lawsuit against Blackberry Ltd and its top executives for providing false information about the company's financial position and business growth of its newest smartphone line.
