Germany's KfW extends IKB bid deadline by one week
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German state-owned development bank KfW  is extending an initial deadline for bids for subprime casualty IKB  by at least another week because it gave details of a capital increase late on Saturday, a newspaper reported on Sunday.
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German state banking group KfW is selling up to 4 billion euros (2.8 billion pounds) worth of shares in Deutsche Telekom, continuing the privatisation of the German phone operator.
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Germany's MAN AG  will soon raise its bid for truck maker Scania , a Swedish newspaper said on Thursday, citing unnamed sources.
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Germany's KfW state development bank said Monday it was selling up to &#36;3.7 billion in Deutsche Telekom shares and offering options on another &#36;1.2 billion in shares, a move that will cut the German government's stake in the telephone giant by about 7 percent.
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IKB , the German bank which nearly went bust after its subprime investments crashed, is searching for up to 2 billion euros to stay afloat, sources with direct knowledge of the situation told Reuters.
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Germany's MAN AG  will soon  raise its bid for truck maker Scania (SCVb.ST), a Swedish  newspaper said on Thursday, citing unnamed sources.
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The private investment bank Lazard said yesterday that its two top executives had ended a public transatlantic dispute by extending a deadline by which to seek a flotation until the end of next year.
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The German government is to place more of its shares in Deutsche Post with the state-owned KfW bank as part the ongoing privatisation of the postal authority, a KfW spokeswoman said on Monday.
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Leeds chairman Gerald Krasner has laughed off suggestions that he has granted Sebastien Sainsbury a seven-day extension to conclude a Â£25million takeover deal.
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Oracle's $7.7 billion takeover offer for PeopleSoft has been extended several times already and was set to expire today.
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Talks about a U.N. plan for Kosovo were postponed for one week, after Serbia requested more time to allow for a parliament to be formed in Belgrade
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Oracle Corp. has again extended its $7.7 billion cash offer for PeopleSoft Inc. by two weeks. Shareholders now have until Oct. 22 to tender their shares, Oracle said Thursday.
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Nasdaq Stock Market  is willing to extend its initial Friday deadline for receiving expressions of interest in its 31 percent stake in the London Stock Exchange , a person familiar with the matter said on Tuesday.
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SYDNEY: Australian supermarket giant Woolworths raised its bid for pubs chain ALH to A$1.2bn ($898m) on Monday, but rival Coles Myer played for time by winning a deadline extension.
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IN ordering a one-week extension of its takeover bid for Australian Leisure &amp; Hospitality last night, the Takeovers Panel clearly considers that Bruandwo, with its adviser UBS, has been too clever in seeking to defeat its rival joint bidder, CMM Hotel &amp;
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KKR Financial Holdings , the listed affiliate of private equity group Kohlberg Kravis Roberts &amp; Co , has delayed repayment of billions of dollars of commercial paper for the second time and begun a new round of talks with creditors, the Financial Times said on Wednesday.
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Troubled German business lender IKB has estimated its latest losses at around 1.0 billion euros (1.45 billion dollars), which should be covered by an aid package from the government, the bank said late Wednesday.