Thomson Gets E.U. Approval for Reuters Bid
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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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Reuters Group Plc  and Thomson Corp  are "increasingly optimistic" that regulatory reviews into Thomson's proposed acquisition of the British group will be completed in the first quarter of 2008.
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A 98-billion dollar bid for Dutch bank ABN Amro from a three-member consortium led by the Royal Bank of Scotland won the approval of Dutch Finance Minister Wouter Bos.
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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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Euronext shareholders back the stock market operator's 10.9bn euros takeover by the New York Stock Exchange.
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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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The European Commission approved US software company Oracle&#39;s 7.7 billion-dollar takeover bid for its American rival in the business software market Peoplesoft on Tuesday.
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But 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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NYSE Group Inc.  on Thursday  reached agreement to buy Paris-based Euronext , for  about 7.78 billion euros (&#36;9.96 billion), putting it ahead in  the race to create the first transatlantic stock exchange.
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Reuters Group Plc  and Thomson  Corp  are "increasingly optimistic" that regulatory  reviews into Thomson's proposed acquisition of the British  group will be completed in the first quarter of 2008.
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Canadian electronic publisher  Thomson Corp  won conditional permission from antitrust  regulators at the U.S. Justice Department on Tuesday to buy  Reuters Group Plc , a deal that will create the world's  leading provider of news and data for professional markets.
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(InfoWorld) - The European Commission Friday approved the planned sale of AOL LLC's U.K. Internet access business to Carphone Warehouse Group PLC (CPW) of the U.K. The deal follows recent similar sell-offs in Germany and France. The Commission said that its month-long examination of the proposed transaction showed that in the sectors where the companies' activities overlap, Internet access services and fixed-line telephony services, the combined entity's share of the relevant market "would not give rise to competition concerns as the new firm would continue to face effective competitive pressure from other market participants." The Commission is the European Union's regulatory and executive branch. Time Warner Inc., AOL's owner, has been retreating from the Internet access business in Europe, where its subscriber numbers are declining. AOL company has about 5.9 million customers for its three European divisions, in the U.K., France and Germany. In September it agreed to sell its French operation to Neuf Cegetel SA for â¬288 million (US$374 million). A month later it agreed to sell its German Internet service provider to Telecom Italia SpA for â¬675 million. In September it agreed to sell its German Internet service provider to Telecom Italia SpA for â¬675 million (US$853.5 million) and its French operation to Neuf Cegetel SA for â¬288 million. CPW is an independent retailer of mobile communications, with over 1,500 stores in Europe. As well as retailing mobile handsets and mobile connections, CPW is active in the supply of fixed-line telecommunication services to business and residential customers. It also offers narrowband and broadband Internet access services to U.K. and European residential customers. Â
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Thomson Corp., owner of the Westlaw legal-research and First Call financial data services, is selling 54 business publications including the Bond Buyer and American Banker for $350 million to buyout firm Investcorp SA.
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The European Commission said Tuesday that it has approved Oracle Corp.&#39;s $7.7 billion bid for PeopleSoft Inc., removing the last antitrust obstacle to the hostile takeover attempt.
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European regulators said in an  expected move on Tuesday they have no objections to the  proposed $13.8 billion merger between Euronext  and  NYSE , removing a hurdle for the first transatlantic  stock exchange.
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Boston Scientific receives European approval for its defibrillator.
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Thomson (Euronext Paris: 18453) (NYSE: TMS) was honored for  outstanding technology transfer in the private sector today at IPTEC  2007, the annual international conference for intellectual property  licensing professionals held in Cannes, France.