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M&A | Deals
GSK sells Australian opiates business to India's Sun Pharma
Firms did not divulge financial details but said they expect to close the deal by August.
UK's Vue Entertainment mulls bid for Nordic Cinema Group
The Nordic region's largest cinema operator could be worth between £350m and £400m.
Telecom Italia climbs on news of likely tie-up with Orange
Orange's chief executive Stephane Richard says that the former monopolies have been discussing a potential tie-up.
NXP Semiconductors to acquire Freescale in $40bn merger
Buyout firms, including Permira Advisors, Blackstone, Carlyle and TPG Capital, still own 64% of Freescale.
Spain's Iberdrola to buy US-based UIL Holdings for some $3bn
Iberdrola will combine its US unit with UIL and float the new entity on the NYSE.
Glencore may return with a buyout offer for miner Rio Tinto
Rio Tinto boss Sam Walsh says his firm will not be bought over by Glencore because of value and regulatory opposition.
Challenger bank TSB's annual profit inches up
TSB says it will consider acquisitions to quicken its expansion.
Baring Asia raises $4bn for sixth Asia private equity fund
The Baring Asia Private Equity Fund VI is 60% larger than its predecessor, raised in 2011.
RSA to exit Indian insurance joint venture with a profit
RSA to sell 26% holding in Indian firm Royal Sundaram Alliance Insurance to partner Sundaram Finance.
Vivendi rises as it gets €3.9bn offer for Numericable-SFR stake
Paris-based Vivendi said it will examine the €40 a share bid "in the coming days."
Samsung to use $56bn cash pile to fund growth, including M&As
Shares in Samsung have gained some 3.7% so far this year in Seoul trade.
Indian software major Infosys buys US firm Panaya for $200m
New Jersey-based Panaya develops business process automation technology.
Prudential and India's ICICI Bank may sell stake in insurance JV at $5.8bn valuation
ICICI Prudential Life Insurance is India's largest private life insurer by sum assured and premium income.
EU watchdog to rule on Aviva and Friends Life merger by 13 March
EU antitrust regulators could demand concessions on concerns that the merged entity could lead to higher prices.
Citi's Czech retail operations draw interest from five banks
Ceska Sporitelna, Komercni Banka, CSOB, Raiffeisenbank and Fio Banka to table bids.
Alibaba's Ant Financial to buy 25% of India's One97 for over $500m
One97 Communications runs m-commerce platform Paytm.
BT finalises £12.5bn deal to buy UK's largest mobile operator EE
BT has finalised the deal to purchase EE from Deutsche Telekom and Orange for cash and shares totalling £12.5 billion
US packaging giants RockTenn and MeadWestvaco in $16bn merger
The deal will create the second-largest US packaging firm behind International Paper.
Reinsurers PartnerRe and Axis Capital to merge in $11bn deal
"Merger of equals" is expected to achieve a minimum of $200m in cost savings in the first 18 months of operations.
Adidas shares jump after firm sells Rockport unit for $280m
Rockport sold to entity formed by US-based rival New Balance and Berkshire Partners.
Singapore's Keppel offers to privatise realty arm in $2.8bn deal
Keppel Land's main markets are Singapore and China the company is expanding into Indonesia and Vietnam.
China's Alibaba Group could invest in insurer New China Life
Alibaba is already invested in China's insurance market with a stake in Ping An Insurance Group Co of China.
UK train firm Eversholt sold to Hong Kong's CKI for £2.5bn
Investors 3i Infrastructure, STAR Capital Partners and Morgan Stanley Infrastructure Partners to exit Eversholt Rail.
Twitter buys Indian startup ZipDial for some $40m
ZipDial is a mobile marketing firm based in Bangalore.
China's Citic sells 20% stake to Itochu and CP Group for $10bn
Stake sale helps Citic Group further broaden its investor base as part of Beijing's reforms of state-owned firms.
China's Xiaomi to buy small stake in software firm Kingsoft
Kingsoft develops entertainment, Internet security and enterprise software.
Mexican billionaire Carlos Slim more than doubles New York Times stake
Carlos Slim now controls 16.8% of the New York Times Company.
India: Central bank allows Tata to buy DoCoMo stake in JV
The Reserve Bank of India has permitted Tata Sons to buy NTT DoCoMo's minority stake in stressed Indian JV Tata Teleservices.
Roche to acquire Foundation Medicine for up to $1.18bn
Deal will strengthen Basel-based Roche's personalised cancer treatments.
Kellogg and Abraaj raise pitch for takeover of Egypt's BiscoMisr
Kellogg's bid, for 89.86 Egyptian pounds ($12.6) per share, follows an 88.09 pounds offer by Abraaj Asset Management.