Reuters: Deals

Icahn seeks up to $7 billion for Dell bid

Thu, 23 May 2013 16:51:26 -0400

NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge...

Google, like Facebook, in talks to buy Waze for about $1 billion: report

Thu, 23 May 2013 21:07:46 -0400

(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar...

Sprint, SoftBank complete U.S. state regulatory review process

Thu, 23 May 2013 15:48:25 -0400

NEW YORK (Reuters) - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals for the Japanese company's proposed $20.1 billion purchase of 70...

Caixabank to sell stake in Carlos Slim's Inbursa

Thu, 23 May 2013 12:13:50 -0400

MADRID (Reuters) - Spain's Caixabank may sell around 10 percent of Grupo Financiero Inbursa , a Mexican bank controlled by tycoon Carlos Slim, in response to renewed pressure to shed investments and...

Elan rejects Royalty's $6.4 billion raised offer

Thu, 23 May 2013 13:36:20 -0400

DUBLIN (Reuters) - Elan rejected Royalty Pharma's increased $6.4 billion bid on Thursday, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share.

Hulu video site auction attracts four bidders: sources

Thu, 23 May 2013 20:00:23 -0400

LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters,...

Apax Partners to take rue21 private in $1.1 billion deal

Thu, 23 May 2013 13:59:40 -0400

(Reuters) - Private equity firm Apax Partners LLP has agreed to acquire rue21 Inc for about $1.1 billion, attracted by the teen-apparel retailer's growth and cash flow and keen to add to a retail...

General Electric considering IPO for finance business - CEO

Thu, 23 May 2013 09:29:02 -0400

(Reuters) - General Electric Co is considering spinning off parts of its financial arm, GE Capital, through an initial public offering as part of its plan to reduce the size of the business, Chief...

Prada says not planning on making acquisitions

Thu, 23 May 2013 12:38:20 -0400

MILAN (Reuters) - Italian fashion house Prada is not planning on returning to the acquisition trail for now, its chief executive said on Thursday, dousing speculation it might be in the hunt for...

Dutch want governments to keep control of Urenco

Thu, 23 May 2013 13:19:00 -0400

AMSTERDAM (Reuters) - The Netherlands is willing to sell its 33 percent stake in nuclear fuel producer Urenco, but wants governments to retain a majority holding in the firm or keep control over key...