Paramount Reportedly Greenlights Buyout Discussions with Sony, Apollo As Skydance Deal Fades

Paramount's board committee on Saturday met and approved talks with Sony and Apollo, who submitted a nonbinding letter of interest.

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Jos A Bank raises bid, provides deadline for possible merger

The chief executive officers of Men's Wearhouse and Jos A Bank had discussed encouraging points as to the further exploration of merger talks between the two clothing firms.

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BofA nearing settlement with Freddie Mac

A USD1.4 billion settlement is being negotiated between Bank of America and Freddie Mac on the issues related to the repurchase of faulty mortgages sold by the bank to the mortgage lender.

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UBS AG and Credit Suisse Group AG may need to downsize with higher ratios

With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.

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Aldar Properties seek bridge loan to pay off maturing debt

Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.

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Wal-Mart said negotiations with Bharti still ongoing

Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.

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Saudi Telecom in talks to sell off Axis Telekom

Saudi Telecom, whose goal is to repay a USD1.2 billion debt, is planning to sell off its subsidiary to raise the funds.

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DAE ends discussions with StandardAero

The discussions of a possible merger between DAE and StandardAero has ended.

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