  | | | | (Reuters) - Canada's Valeant Pharmaceuticals International Inc said on Tuesday it and activist investor Bill Ackman made an unsolicited $47 billion bid to buy Botox maker Allergan Inc as it seeks to become one of the world's five biggest drug companies. | | | | | SYDNEY (Reuters) - Australia's Australand Property Group said on Wednesday it had rejected as undervalued a A$1.95 billion ($1.83 billion) proposal from bigger rival Stockland Group to increase its stake, thwarting Stockland's move to expand its residential business. | | | | | | JOHANNESBURG (Reuters) - South Africa's biggest insurer, Sanlam , said on Wednesday it would buy a majority stake in Malaysia's MCIS Zurich Insurance Berhad for about $119 million, further expanding its presence in the southeast Asian nation. | | | |  | | | | PARIS/SAO PAULO (Reuters) - Azul Linhas Aereas, Brazil's third-biggest airline, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus , according to two people with knowledge of the deal. | | | |  | | | | (Reuters) - Comcast may divest about 4 million subscribers after its merger with Time Warner Cable and is working to reach an accord to sell a portion of those customers to Charter Communications, a source familiar with the matter said Tuesday. | | | |  | | | | NEW YORK/TORONTO (Reuters) - Canadian Imperial Bank of Commerce (CIBC), the fifth largest bank in Canada, and two private equity consortia are exploring offers for global asset manager Russell Investments, according to several people familiar with the matter. | | | |  | | | | WASHINGTON (Reuters) - The United States said on Tuesday it will deliver 10 Apache attack helicopters to Egypt, relaxing a partial suspension of aid imposed after Egypt's military ousted President Mohamed Mursi last year and cracked down violently on protesters. | | | | | | SYDNEY/WASHINGTON (Reuters) - Australia will order 58 more F-35 fighter jets built by Lockheed Martin Corp for A$12.4 billion ($11.61 billion), Prime Minister Tony Abbott said on Wednesday, a purchase that will raise its air combat power to among the world's most advanced. | | | | | (Reuters) - Puerto Rico's largest bank Popular Inc is in advanced talks to sell some of its mainland branches in the United States to multiple buyers, the Wall Street Journal reported Tuesday, citing people familiar with the matter. | | | | | | WASHINGTON (Reuters) - Lockheed Martin Corp warned on Tuesday that the U.S. Navy's plan to cancel an order for 29 MH-60 helicopters built by Lockheed and Sikorsky Aircraft would result in large termination fees because they are part of five-year agreements signed in 2012. | | | |  |  | | | 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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