Bids, mergers, acquisitions and disposals reported on Friday including Abu Dhabi telecom firm Etisalat's syndicated loan of up to $8 billion to finance a bid for Vivendi's percent stake in Maroc Telecom
Tags: Merger
Phuong Tay Bank Merges with Petrovietnam Finance
Phuong Tay merges with PVFC as ordered by the Vietnamese Central Bank. In compliance with the Vietnamese central bank's goals to restructure lending institutions saddled with debt, Phuong Tay Bank is planning to merge with Petrovietnam Finance Corp.
Boards of Italian Firms Discuss Merger Terms
Atlantia and Gemina Boards discuss merger terms. The respective boards of Atlantia, the Italian motorway company and Gemina, the owner of ADR is expected to approve the terms of their proposed merger by Friday.
Fiat CEO Talks Chrysler Financing
Many banks interested in Chrysler buyout, according to CEO. After previous comments on the personal choice of Fiat CEO Sergio Marchionne, it was revealed that the Fiat CEO has talked to banks on financing a buyout of Chrysler's stake in the company.
Valeant Active on Equity Activities
Valean Pharmaceuticals active to deal but limited in cash. Valeant Pharmaceuticals International Inc is now on a spending spree, actively pursuing both merger and acquisition possibilities according to its CEO Michael Pearson.
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AMR Corp creditors plan to meet on Monday and could vote on a potential merger agreement between the bankrupt parent of American Airlines, and US Airways Group
US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger
