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M&A | Deals
Singapore's SMRT Decides Against Carlyle's Addison Lee Auction
Addison Lee handles 10 million passenger journeys a year.
Morgan Stanley: 'No Assurance' Rosneft Deal Will Close
US regulatory committee asks Morgan Stanley and Rosneft for more details about their deal.
Old Mutual Eyes British Wealth Manager Quilter Cheviot for £650m
Quilter Cheviot had assets worth £15.7bn under management as of June 2014.
Rio Tinto Shares Jump on News It Turned Down Glencore Merger Proposal
Rio's London shares rise 6% while Australian shares end 4.31% higher.
SoftBank Eyes Minority Stake in Legendary Pictures as DreamWorks Animation Buyout Talks Cool
SoftBank and DreamWorks could still strike a content partnership deal.
Vista Puts British Software Maker Misys On The Block
PE firm acquired Misys two years ago after merger talks with Temenos crumbled.
Japan's SoftBank Eyes DreamWorks Animation in $3.4bn Deal
DreamWorks Animation is Hollywood's smallest studio.
Intel to Invest $1.5bn in Chinese Chipmaker Tsinghua Unigroup
Intel to acquire about a 20% in China's Tsinghua Unigroup.
Jazztel Shares Extend Gains on Orange's $4.4bn Offer
Jazztel shot up 12% on 15 September after France's Orange tabled its offer.
Petroleos de Venezuela Taps Buyers for Citgo Petroleum in Likely $10bn Deal
Investment bank Lazard is managing the Citgo sale process, on behalf of PDVSA.
Dollar General May Launch Hostile $9.1bn Bid for Family Dollar This Week
Family Dollar has spurned Dollar General's unsolicited approaches citing antitrust risks.
Electrolux Pays $3.3bn for GE Appliances Unit
Deal includes a 48.4% shareholding in Mexican appliance maker Mabe.
Stats Buys Bloomberg's Sports Analysis Division
Deal marks the end of financial data giant Bloomberg's four-year foray into sports data analysis.
Fiat-Chrysler Merger on Track Following Scarce Opposition
Most Fiat shareholders have chosen not to exercise an option that could have derailed merger.
Perform's Board Asks Investors Not to Respond to Access Industries' Buyout Offer
Access Industries' offer values the entire sports rights firm at about £702m.
Barclays to Sell Part of Spanish Business to Caixabank for £633m
Barclays says it will make £500m loss after tax on the transaction.
Gangnam Style: Psy's Agency YG Entertainment to Sell Stake to LVMH-Backed Fund
YG Entertainment's stock ends 3.14% higher on the Kosdaq.
Seven Firms Shortlisted to Buy $16bn Minority Stake in Sinopec Unit
Asia's biggest internet firm, China's largest insurer, and a Canadian retailer eye stake in Sinopec Sales.
AirAsia's Tony Fernandes Dismisses Skymark Airlines Buyout Rumours
Skymark says it has not been approached by AirAsia.
Japan's Chugai Pharmaceutical Shares Surge on Roche Takeover Reports
Chugai Pharmaceutical says it is not 'discussing' a deal with Swiss drugs giant Roche.
Carlyle Hires Citigroup and Goldman for Axalta IPO
Axalta Coating Systems floatation could raise about $1bn.
China's Hanergy Buys Alta Devices for Low-Light Energy
The deal will help Hanergy take on US-based market leader First Solar.
ValueAct Pumps $1bn into Murdoch's 21st Century Fox
Fox investment is San Francisco-based hedge fund's fifth largest holding.
Private Equity Firm 3i Hires Goldman Sachs to Sell Agent Provocateur
Sale of luxury lingerie chain Agent Provocateur could fetch about £200m.
Cereal Maker Kellogg Eyes McVitie's Owner United Biscuits
Private equity firms Blackstone Group and PAI Partners own United Biscuits.
Nestle Announces $8.8bn Share Buyback After Posting Lower Profit
Nestle on 7 August reported a near 10% drop in first-half earnings.
Time Warner's Stock Tanks after 21st Century Fox Abandons Takeover Bid
Rupert Murdoch says buyout bid given up as Time Warner 'refused to engage with us'.
Rupert Murdoch's Fox and Time Warner to Speak About Likely Merger in Earnings Call
Bernstein Research analyst Todd Juenger says deal will be in the interest of both firms.
Goldman Sachs-Led Group Eyes Secure Messaging Startup to Rival Bloomberg
Wall Street banks and HSBC Holdings close to buying stake in US-based Perzo.
CVC Capital Eyes Epicor Software in $3bn Deal
CVC in talks with Epicor-owner Apax Partners.