SAS seeks buyers for BMI stake
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Scandinavian Airlines says it will sell its stake in British carrier BMI to reduce costs and lift profits.
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Deutsche Lufthansa  is looking at the possibility of raising its stake in British carrier bmi , of which it already owns 30 percent minus one share, the German airline's Chief Executive Wolfgang Mayrhuber said.
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The developing biopharmaceutical company announces a share offering.
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South African oil giant Sasol is to transfer 10% of the firm to black owners under Black Economic Empowerment rules.
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An acquisition focuses on a market with strong growth potential.
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U.S. group Applied Materials  , Switzerland's Unaxis  and investor Texas  Pacific Group are interested in parts of BOC Edwards, a unit of  British industrial gases firm BOC , a newspaper reported  on Monday.
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Biomet Inc.  on Thursday accepted a sweetened takeover bid of $11.4 billion from a group of private equity firms after an influential shareholder advisory firm urged the orthopedic device maker's shareholders to reject the previous $10.9 billion offer.
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Biomet Inc.  on Thursday accepted a sweetened takeover bid of $11.4 billion from a group of private equity firms after an influential proxy advisory service urged the orthopedic device maker's shareholders to reject a previous $10.9 billion offer.
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Nestle SA, the world's largest food maker, may buy baby-food company Gerber Products along with a medical nutrition business from Swiss drugmaker Novartis AG for as much as $5 billion, according to a published report.
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State-linked investment funds in Qatar and Singapore are interested in buying almost one third of the London Stock Exchange from the US Nasdaq market, media reported on Monday.
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Shares in discount retailer Big Food Group leap more than 13% as the owner of the Iceland frozen food chain reveals it is in bid talks.
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Nasdaq and Borse Dubai, aiming to muscle out potential rival bidders, boosted an offer for OMX to $4.9 billion on Wednesday and pushed close to a majority stake in the Nordic exchange group.
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Privately-owned British fashion retailer  New Look may be sold for 2 billion pounds ($3.91 billion) after  private-equity firms Apax and Permira received at least three  bid approaches for the firm, The Sunday Times said.
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LONDON : Marks and Spencer, the struggling British retailer, began buying back more than one quarter of its shares in the biggest tender offer ever seen in Britain.
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The buyout firm Apollo Management said it might offer nearly $2 billion in cash and stock for Countrywide, the largest chain of real estate brokers in Britain. Apollo said it planned to offer 505 pence ($9.86) in cash for each Countrywide share, plus shares in Rightmove, a company in which Countrywide holds a stake. The offer values Countrywide shares at about 590 pence ($11.52) each, or a total of about Â£1 billion ($1.95 billion). Countrywide shareholders have rejected a Â£1.02 billion takeover bid from the 3i Group, a private equity firm.
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GlaxoSmithKline has become the first FTSE 100 company to offer employees a group option for self invested personal pensions (Sipps) - a move likely to be followed by many other big blue-chips.
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UK lender Barclays is in talks with South Africa&#39;s Absa about buying a majority stake in the bank. The move would &quot;immediately&quot; boost earnings and profit, and &quot;enhance the bank&#39;s existing successful African operations&quot;, Barclays said.