| | | ZURICH (Reuters) - Swiss private bank Julius Baer is to buy Bank of America's non-U.S. Merrill Lynch wealth manager, paying 860 million Swiss francs ($882 million) for the loss-making business to boost its assets managed by 40 percent and backing the deal with plans to raise 1.19 billion Swiss francs ($1.22 billion) in new capital. | | | | LONDON (Reuters) - Ireland's Elan Corp Plc is to spin off its Neotope drug discovery business platform as a separate public company, making Elan immediately profitable and potentially more appealing as a takeover target. | | | | | | | BAGHDAD (Reuters) - Iraqi authorities have warned France's Total that it must freeze its energy deal with Iraq's autonomous Kurdistan region or sell its stake in the Halfaya oilfield, a government official said on Monday. | | | | | PARIS (Reuters) - It's a small acquisition in a small country with big implications for the future of Europe's telecom sector. | | | | | (Reuters) - Pfizer Inc's animal health unit Zoetis Inc filed to raise up to $100 million in an initial public offering as the largest U.S. drugmaker looks to focus on its core pharmaceuticals business. | | | | | LONDON, Aug 13 (Reuters Point Carbon) - Total Global Steel has been forced into liquidation by creditors after a UK court ruled in May that the London-based trading house must pay Deutsche Bank 4.2 million euros ($5.1 million) in damages for selling the German bank recycled carbon credits. | | | | | LONDON (Reuters) - Qatar, the second-largest shareholder in takeover target Xstrata , has again lifted its stake in its standoff with suitor Glencore , bringing its holding to 11.5 percent. | | | | | FRANKFURT (Reuters) - Buyout firm Pamplona is in advanced talks to buy Ruetgers from rival Triton for more than 600 million euros ($739 million) after Asian suitors shied away from the business that makes chemicals from coal tar, three people familiar with the situation said. | | | | | | (Reuters) - Ingersoll-Rand Plc named Nelson Peltz as board member, months after the activist investor pushed for changes at the manufacturer of air conditioners and security systems. | | | | MUMBAI (Reuters) - India has received six proposals from global single-brand retailers seeking permission to own 51 percent of their operations in the country, the commerce ministry said on Monday. | | | | | | | 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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