MARSEILLE, France (Reuters) - France Telecom wants to keep its stake in British joint venture Everything Everywhere, though it would consider an offer that "makes sense", the French group's chief executive said on Thursday.
WASHINGTON (Reuters) - Universal Music Group is trotting out a roster of big-name allies as it makes its case on Thursday before U.S. lawmakers for its much-criticized deal to buy a chunk of rival EMI.
LONDON/FRANKFURT (Reuters) - Blackstone Group LP is set to announce the sale of its debt-laden German plastic films group Kloeckner Pentaplast to hedge fund SVP and junior lenders, three people familiar with the matter said.
SYDNEY/MELBOURNE (Reuters) - Global miner Xstrata Plc has put up for sale a stake in the Frieda River copper project in Papua New Guinea, potentially worth more than $2 billion, as part of a review of its development projects worldwide.
KHOBAR, Saudi Arabia (Reuters) - State oil giant Saudi Aramco and Japan's Sumitomo Chemical are close to signing multi-billion-dollar contracts to expand their petrochemical complex in Saudi Arabia, industry sources said.