EU clears Thomson takeover of Reuters
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Canadian electronic publisher Thomson  Corp  won conditional permission from the European  Commission on Tuesday to buy Reuters , a deal that will  create the world's leading provider of news and data for  professional markets.
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The takeover of British media giant Reuters by Canadian rival Thomson Corp will conclude in the second quarter of 2008, the pair said in a statement on Monday.
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European antitrust regulators ruled Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and sometimes tumultuous battle.
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Rupert Murdoch's News Corp agrees a tentative $5bn takeover of Dow Jones, the Wall Street Journal reports.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.'s hostile &#36;7.7 billion bid for rival business software maker PeopleSoft Inc., removing one of the last major hurdles to the contested takeover proposal, a person close to the case said.
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The European Commission, executive arm of the European Union, on Wednesday cleared acquisition of Britain&#39;s sixth largest bank Abbey National by Spain&#39;s largest bank Banco Santander Central Hispano.
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The European Commission said Thomson must sell off financial research units to eliminate antitrust concerns raised by the 8.1 billion pound ($15.8 billion) deal.
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The European Commission said it had approved unconditionally US business software firm Oracle's hostile takeover of rival PeopleSoft.
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NEW YORK -- Thomson Corp. agreed to sell a unit that provides educational testing services for $435 million in the last planned sale needed to fund its purchase of Reuters Group PLC.
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Thomson Corp. completed its evolution into an electronic purveyor of financial, legal and scientific information today as it sold Thomson Media - the last of its traditional advertising-based publishing businesses â-or $350 million US.
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Thomson Corp., owner of the Westlaw legal-research and First Call financial data services, will sell its media unit, which includes the Bond Buyer and American Banker magazines, for $350 million to buyout firm Investcorp SA.
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As expected, the European Commission announced Tuesday it has ruled that Oracle Corp. can proceed with its hostile acquisition attempt of PeopleSoft Inc.
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The European Commission approved a multi-billion pound bailout of the nuclear group British Energy, after securing guarantees that the company would not breach EU competition rules.
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The European Commission on Tuesday cleared Oracle's hostile &#36;7.7 billion bid for rival business-software maker PeopleSoft, lowering the last antitrust hurdle to the contested deal. "There is an absence of sufficient evidence of competitive harm," regulators said in a statement.
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European Union antitrust regulators cleared Oracle Corp.'s hostile &#36;7.7 billion bid for rival business software maker PeopleSoft Inc. on Tuesday, removing one of the last major hurdles in the contested takeover fight.
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European Union regulators Thursday approved the takeover of Greek consumer electronics retailer Kotsovolos by the British chain Dixons PLC.
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The European Commission approved Oracle&#39;s proposed $7.7 billion hostile takeover of rival software company PeopleSoft on Tuesday, knocking down the last competition hurdle to the deal.