Dexia formally abandon's merger plans with Italy's Sanpaolo
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French-Belgian bank Dexia said  that it has decided to terminate its plans to form an alliance with Italian bank Sanpaolo IMI.
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THE board of Dexia, the Franco-Belgian bank, yesterday unanimously rejected a proposed â¬37 billion (Â£26 billion) merger with Italyâs Sanpaolo, bringing an end to what would have been Europeâs biggest cross-border bank deal.
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A Qatari-backed investment fund abandons its takeover bid for supermarket chain Sainsbury's.
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Fiat threw down the gauntlet to General Motors on Monday when the Italian industrial group dismissed the political and legal efforts by the American carmaker to avoid buying Fiat Auto, its heavily lossmaking car division.
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Japanese consumer electronics maker Sanyo  Electric Co Ltd  plans to dissolve its television  development joint venture with Taiwan's Quanta Computer Inc  , the Nikkei business daily said on Saturday.
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Italian utility Enel SpA said Friday it had abandoned talks to acquire defunct telecommunications operator ISPE.
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Dexia, the Belgian financial services firm, and Sanpaolo IMI, the Italian bank, confirmed that they were in discussions about a partnership.
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Sanofi-Aventis has withdrawn its  marketing application for its Multaq heart arrhythmia treatment  in the European Union, the world's third-largest drugmaker said  on Thursday.
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Moxi manufacturer Digeo suddenly changed course Tuesday, canceling two planned products and laying off nearly half of its workforce.
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Citigroup Inc is abandoning its plans to open as many as 100 U.S. branches a year, The Wall Street Journal said on Thursday.
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After nearly three months of talks, the companies announced Wednesday that they were calling off talks about a three-way partnership
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Novell and the Computer and Communications Industry Association have agreed to end their participation in the legal case against Microsoft in the European Union.
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US Airways Group Inc. abandoned its 2 1/2-month hostile takeover bid for Delta Air Lines Inc. , yesterday after Delta's creditors said they preferred Delta management's plan to emerge from bankruptcy reorganization this spring as an independent carrier.
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Novo Nordisk discontinues development of the troubled diabetes treatment.
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An Italian cement firm says it is pulling out of Sicily as a sign of its refusal to submit to Mafia extortion.
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The board "has noted unanimously that the conditions are not met for a study of this project to be pursued in an efficient manner, and has decided to put a stop to it," Dexia said in a statement.
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UK electrical goods retailer DSG International pulls out of plans to enter the Russian marketplace.