| Megha Mittal to buy luxury fashion house Escada ) for an undisclosed price, the company said on Thursday. "Today the insolvency administrator of ESCADA AG signed a sale and transfer agreement with one of the Mittal Family Trusts, ...[more] |
| Opel workers in Germany vent anger at GM "We want Opel to continue to exist," Hesse state Premier Roland Koch -- one of the biggest lobbyists for a sale to Magna () and its Russian partner Sberbank () -- told rallying workers at Ope ...[more] |
| JPMorgan says has room for more acquisitions ), the second largest U.S. bank, has room to keep growing through acquisitions, the company's head of retail financial services said on Thursday. In the areas where JPMorgan is alre ...[more] |
| Kraft faces tougher Cadbury pitch, bid seen Monday ) faces a tougher task winning over Cadbury Plc () shareholders after disappointing results reinforced the view that it will formalize its existing offer for the British chocolatier next week rathe ...[more] |
| Dow Chemical, Shenhua revive $10 billion China project ) and Shenhua Group, China's largest coal miner, will reportedly move ahead with their planned $10 billion coal-to-chemical project in Shaanxi province after a delay of at least one year.[more] |
| Asian IPO fatigue hits India, elsewhere The indigestion is becoming a familiar trend across India, China and Australia, making a case for firms forming a long IPO pipeline to trim their high price expectations. More than 30 ...[more] |
| After Opel reversal, GM CEO in spotlight The surprise decision by General Motors Co to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veter ...[more] |
| Australia's Transurban spurns $4.4 billion buyout bid ) rejected a $4.4 billion buyout approach from two Canadian pension funds on Thursday, but left the door open to a better offer, sending its shares up 20 percent. The offer, pitched ...[more] |
| JAL to brief on route, flight changes ), which is seeking a state bailout, said it would hold a briefing on changes to its route and flight frequency plans on Thursday at 2 a.m. EST. JAL said Manabu Sato, deputy general ...[more] |
| Blackstone profit tops view; sees more deals ahead ) posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover. The company, which has immense re ...[more] |
| Cisco faces fresh call to raise Tandberg bid Cisco has made its offer for Tandberg -- its first attempt at a European public takeover -- conditional on 90 percent acceptance. However, the network equipment maker has run into res ...[more] |