OSLO (Reuters) - Opera Software shares soared over 20 percent on Tuesday on talk Facebook Inc. was in discussion to buy the firm, while analysts said competition from Google and others could push the price tag of any deal over $1 billion.
TOKYO (Reuters) - Japanese trading house Marubeni Corp is to buy U.S. grains merchant Gavilon for $3.6 billion, the company said on Tuesday, as it targets China's growing demand for corn from North America, the world's top grain export hub.
(Reuters) - Pumps and fluid-handling products maker Colfax Corp said it bought a majority stake in welding product supplier Soldex S.A. for $235 million, including debt, to expand its presence in South America.
MADRID (Reuters) - Spain will recapitalize nationalized lender Bankia by issuing new debt, not by injecting bonds into the lender, and will likely adopt on Friday a new mechanism to back its regions' debt, a government source told Reuters on Tuesday.
TURIN, Italy (Reuters) - Fiat and Ferrari's corporate parent Exor mulled an investment in motor racing company Formula One before its initial public offering, and opted to pass because the price was too high, Chairman and CEO John Elkann said on Tuesday.
NEW YORK/BANGALORE (Reuters) - The crippled law firm Dewey & Leboeuf LLP filed for Chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to find a merger partner, marking the biggest collapse of a law firm in U.S. history.
MOSCOW (Reuters) - Russia's Sberbank , Europe's No.2 lender by market value, expects its proposed takeover of Turkish Denizbank to satisfy its appetite for deals in emerging Europe for now, a senior executive told Reuters on Tuesday.
WARSAW (Reuters) - A consortium of Polish builder Polimex-Mostostal and Japanese group Hitachi Power will build a coal-fired unit for Enea at its Kozienice power plant for 6.3 billion zlotys ($1.8 billion), Polimex said on Tuesday.