UTV scraps plans for SMG merger
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Talksport-owner UTV drops its proposed merger with fellow broadcaster SMG after the latter rebuffed it.
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Austria's OMV, Central Europe's leading oil and gas group, closed the acquisition of a 51% stake in the largest Romanian company, Petrom.
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MANCHESTER United yesterday rejected a business plan from US sports tycoon Malcolm Glazer and ended takeover talks. The club said an outline plan presented by Mr Glazer was not in its best interests because
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French utility services group Veolia has said it is abandoning its plan to merge with Vinci, the country&#039;s biggest construction group.
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The Swedish truck maker Scania and its two largest shareholders rejected a takeover bid from a German rival, MAN A.G.
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TOKYO : Japan&#39;s Supreme Court cleared the way for UFJ Holdings and Mitsubishi Tokyo Financial Group to merge by rejecting a bid to halt the deal by Sumitomo Trust and Banking, a court spokeswoman said.
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TUI AG, Europe s largest travel company, scrapped plans to sell part of the Hapag-Lloyd AG shipping unit in an initial public offering, saying it can t fetch a ``fair value for the business currently.
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Midwest Air Group Inc.  on  Wednesday said it has turned down an unsolicited merger  proposal from AirTran Holdings Inc. , parent of AirTran  Airways.
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The research operation will be shuttered, sources close to the company said, since UBS already has coverage in the areas where Schwab&#39;s Soundview is strong.
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Unocal Corp. and the Royal Dutch/Shell Group are withdrawing from a project to exploit oil and gas in the East China Sea, the companies said Wednesday, citing &quot;commercial reasons.
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THE All-India Motor Transport Congress (AIMTC) on Saturday called off its seven-day strike after finalising an agreement with the Government on the contentious issue of service tax and the various demands including tax deducted at source (TDS), scrapping
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General Motors Corp., Renault SA and Nissan Motor Co on Wednesday said they had broken off talks over a proposed alliance between the three automakers.
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US media group Time Warner withdraws its bid for movie studio Metro-Goldwyn-Mayer after failing to agree a price.
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Rival mortgage insurers MGIC Investment Corp  and Radian Group Inc  scrapped their merger plan on Wednesday, the latest casualty of the turmoil in U.S. mortgage markets.
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Broadcaster ITV has rejected a 4.74-billion-pound merger proposal from US cable operator NTL, arguing that it &quot;materially undervalues&quot; the company.
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The approved merger of Spanish toll road operator Abertis with Italian counterpart Autostrade is cancelled.
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UTV declined to comment today on reports that it was planning a 6.5m takeover of a Drogheda-based radio station.