| MUMBAI (Reuters) - Pfizer Ltd , the Indian unit of U.S. drug maker Pfizer Inc , is to take over local affiliate Wyeth Ltd , they said on Saturday after their boards approved the deal. | | | | (Reuters) - Chrysler Group LLC expects to set a price range for its initial public offering as early as this week to raise $1.5 billion to $2 billion, the Wall Street Journal reported, citing people familiar with the matter. | | | | | KHOBAR, Saudi Arabia (Reuters) - Saudi Electricity Co (SEC) signed two contracts worth around 1.7 billion Saudi riyals ($453 million) with U.S. General Electric for maintenance of gas turbines at new power plants in Riyadh, SEC said on Sunday. | | | | | LONDON (Reuters) - Engineering services group Babcock is in exclusive discussions to take a stake in helicopter transport services company Avincis, a source close to the situation said on Sunday. | | | | | SYDNEY (Reuters) - Canada's Saputo Inc declared its A$505 million ($463 million) bid for Warrnambool Cheese and Butter Factory Co unconditional on Monday and said it would hike its offer if it won control of Australia's oldest dairy maker. | | | | | (Reuters) - Global trading firm Trafigura said it sold a $500 million stake in its African unit Puma to Angolan companies rather than to opt for an earlier plan raise cash through a share sale. | | | | | (Reuters) - France's largest telecom operator Orange SA is close to reaching an agreement with Altice on the sale of its Dominican Republic business, Bloomberg reported on Sunday citing three people familiar with the matter. | | | | | LONDON (Reuters) - Britain's Lloyds Banking Group will probably sell 30 to 50 percent of its stake in the 631 bank branches being rebranded as TSB when the new entity floats on the stock market in 2014, a newspaper reported. | | | | (Reuters) - Comcast Corp is a potential bidder for Time Warner Cable Inc, CNBC said on Friday, citing people familiar with the situation. | | | | BRUSSELS (Reuters) - Microsoft is set to secure unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia's mobile phone business, two people familiar with the matter said on Friday. | | | | | | | 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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