| | | PARIS (Reuters) - Air France-KLM has written off the value of its 25 percent stake in troubled Italian airline Alitalia, it said on Thursday. | | | | LONDON (Reuters) - Two founders of bwin.party digital entertainment , who are divorcing, have agreed to sell their stakes in the online gaming group if it is successful in winning a license in New Jersey, the third U.S. state to allow online gambling. | | | | | | | PARIS (Reuters) - Air France-KLM wrote off the value of its stake in Italy's Alitalia on Thursday, casting doubt over its willingness to invest further in the struggling carrier as a weak economy chips away at its own debt reduction plans. | | | | | (Reuters) - Hotel chain Extended Stay America Inc said it expects to sell 28.3 million common shares at $18-$21 each in an initial public offering, valuing the company at as much as $4.2 billion. | | | | | | | WASHINGTON (Reuters) - US Airways Group and American Airlines are considering giving up takeoff and landing slots at Washington's Ronald Reagan National Airport to win regulator approval of their $11 billion merger, two people familiar with the matter said. | | | | | SYDNEY (Reuters) - Australia's competition regulator said on Thursday it would not block a bid for Warrnambool Cheese and Butter Factory Company Holdings Ltd by domestic rival Bega Cheese Ltd , enabling Bega to re-enter the international battle for the dairy company. | | | | | SYDNEY (Reuters) - Media and entertainment group Nine Entertainment Co Pty Ltd is set to raise some A$600 million ($569 million) in an initial public offering and is expected to list on December 6, a person familiar with the process said. | | | | | | | NEW YORK (Reuters) - Twitter Inc was sued for $124 million on Wednesday by two companies claiming the social media darling fraudulently had them organize a private sale of its shares to stoke investor interest for an initial public offering then canceled it. | | | | (Reuters) - PricewaterhouseCoopers said on Wednesday it agreed to buy Booz & Co., ratcheting up an aggressive move by large audit firms back into the lucrative consulting business more than 10 years after U.S. regulators tried to tease apart the two sectors. | | | | | | (Reuters) - NTT Data Corp will buy Spanish information technology group Everis Spain SLU for about 50 billion yen ($509.45 million) as it tries to expand in Latin America, the Nikkei reported, quoting company sources. | | | | | | | 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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