| | | BERLIN/LONDON (Reuters) - Europe's two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world's biggest arms and aviation company merger. | | | | | | TOKYO (Reuters) - Softbank Corp , Japan's third-largest mobile carrier, is in talks to buy a majority stake in U.S. telecoms company Sprint Nextel Corp in a deal worth more than 1 trillion yen ($12.8 billion), a source with direct knowledge of the matter told Reuters on Thursday. | | | | | | | SINGAPORE/LONDON (Reuters) - Indonesia's powerful Bakrie family has proposed a parting of ways with financier Nat Rothschild and Bumi Plc , the London-listed coal conglomerate they co-founded two years ago, after frayed tempers over allegations of financial irregularity. | | | | | | | OTTAWA (Reuters) - Canada should allow China's state-owned CNOOC Ltd to buy Canadian oil company Nexen Inc, a former central bank chief said on Wednesday, brushing aside arguments that oil is a "strategic" resource off-limits to foreigners. | | | | | NEW DELHI/OSLO (Reuters) - Norwegian telecoms group Telenor has dissolved a joint venture with India's Unitech Ltd , hoping to distance itself from a scandal over the award of operating licenses and setting out a new plan to win business in the subcontinent. | | | | | NEW YORK (Reuters) - The shares of wireless service provider MetroPCS closed down 4 about percent on Wednesday after a source said Sprint Nextel Corp is still weighing whether to make a counter bid for the company. | | | | | (Reuters) - Top executives at some of the world's largest private equity firms, including KKR & Co LP and Blackstone Group LP , sent emails that allegedly show them plotting to scoop up companies on the cheap during last decade's buyout boom, according to court documents unsealed on Wednesday. | | | | | SINGAPORE (Reuters) - Religare Health Trust will raise S$511 million ($416 million) after pricing its initial public share offer in Singapore at S$0.90 a share, at the lower end of its indicative range, two sources with direct knowledge of the matter said on Wednesday. | | | | HONG KONG/AMSTERDAM (Reuters) - Pan Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance operations for $1.73 billion in cash, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets. | | | | PARIS (Reuters) - The board of EADS renewed its confidence in Chief Executive Tom Enders a day after the collapse of merger talks with BAE Systems and encouraged him to continue his leadership of the company, an EADS spokesman said. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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