| Weather dampens sales at bid target Sainsbury ), the subject of a 10.6 billion pound ($22 billion) proposed bid, blamed slower sales growth in the second quarter on extreme summer weather. Britain's number three supermarket gro ...[more] |
| Philips cuts stake in Korean firm in $2.2 billion deal ) is selling about $2.2 billion worth of shares in flat screen maker LG Philips LCD Co Ltd (), reducing its stake to about 20 percent, a term sheet said on Wednesday. Philips, which ...[more] |
| No Atlantia-Abertis merger under study: Benetton ) and Spain's Abertis () is not under study, Gilberto Benetton, whose family holding company has an indirect Atlantia stake, said on Wednesday. Atlantia agreed last week to invest a ...[more] |
| Valora shares rise as takeover talk swirls ) rose nearly 5 percent on Wednesday as takeover speculation swirled, with Swiss newspaper Finanz und Wirtschaft reporting finance investors could buy and break up the firm. The new ...[more] |
| Cadbury to demerge North American drinks unit The London-based company, maker of Dairy Milk chocolate, Trident gum and Halls cough drops, also said on Wednesday in a trading statement that it had seen very strong third-quarter worldwide ...[more] |
| Sonepar takes 5.77 percent Hagemeyer stake: regulator Dutch market regulator AFM said holding company Colam Entreprendre S.A. had reported ownership of 34 million shares in Hagemeyer, which are held indirectly via Sonepar S.A. Shares in ...[more] |
| LUKOIL sees acquisitions becoming more affordable ) told Vedomosti business daily. LUKOIL, of which U.S. oil major ConocoPhillips () owns 20 percent, has long said it wants to expand into refining in Europe and the United States, b ...[more] |
| UES says maintains plan for OGK-6 listing in 2007 ) still plans to list shares in 2007 and is considering a closed or dual-track offering, the company's main shareholder, RAO UES EESR.MM, said on Wednesday. RAO UES Finance Director ...[more] |
| Newmont to buy Miramar Mining for C$1.5 billion ), eager to replenish tight gold reserves, said on Tuesday it would buy Canadian explorer Miramar Mining Corp MAE.TO MNG.A for C$1.5 billion (US$1.52 billion). The all-cash deal, wh ...[more] |
| Australian miner Murchison bids $889 million for Midwest ) made a A$987 million ($889 million) bid for rival Midwest Corp Ltd MIS.AX as it seeks to fast-track development of a major iron ore deposit to meet booming steel demand. In the la ...[more] |
| EA buys two game studios ) said on Thursday it is buying two video game studios for more than $800 million in a deal that fills a weak spot in its games lineup by adding role-playing and action titles. Unde ...[more] |