AXA SA pulls out of deal
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AXA Asia Pacific&#39;s French parent claims it will walk away from its takeover offer with no hard feelings. Paris-based AXA SA yesterday withdrew its $4.
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By Karen Attwood  The Dutch healthcare and chemicals group Akzo Nobel ditched plans to float its biopharmaceutical division in favour of a sale yesterday, triggering speculation it would next make a move on the chemicals group Imperial Chemical Industries.
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Dexia said Sunday that it had decided to formally terminate its plans to form an alliance with the Italian bank Sanpaolo IMI. The board of the French-Belgian bank &quot;has noted unanimously that the conditions
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QRS, a provider of commerce technology to retail companies, has terminated a merger pact with JDA Software Group to accept a more lucrative $116 million offer from Inovis International.
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Arthritis sufferers across South Africa have been inundating call centres and pharmacists in the wake of the shock withdrawal of their medication by the manufacturers of the most widely used drug treating the disease.
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The campaign to get cheap Aids drugs to millions of Africans was dealt a blow yesterday when a manufacturer in India admitted it could not prove the quality of its medicines and withdrew them from the list approved by the World Health Organisation.
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Firm drops the ax in effort to squeeze costs out of its $10.3 billion PeopleSoft buyout. Combined firm will employ 50,000.
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SYDNEY/MELBOURNE  - Private equity giants Kohlberg Kravis Roberts  and CVC  pulled out of a consortium eyeing Australia's Coles Group Ltd. , but the bid group said it was still in the race for the retailer.
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The Australian Gas Light Company (AGL) today announced its was ending its 12 year long involvement in the New Zealand energy sector with the $750 miillion sale of its 66.
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US student loan firm Sallie Mae says  private equity buyers are pulling out of a $25bn buyout of the firm.
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General Motors Corp. , Renault SA  and Nissan Motor Co.  on Wednesday said they had broken off talks over a proposed alliance between the three automakers urged by GM's largest individual shareholder.
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The $2.3 billion arthritis drug is withdrawn from the market.
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SYDNEY/ MELBOURNE  - Private equity giants Kohlberg Kravis Roberts  and CVC  pulled out of a consortium eyeing Australia's Coles Group Ltd. , but the bid group said it was still in the race for the retailer.
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MELBOURNE (Dow Jones)--Australian insurer AXA Asia Pacific Holdings Ltd. (AXA.AU) rebuffed Monday a buyout proposal from major shareholder AXA SA (AXA) after it wouldn&#39;t agree to the A$3.
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The SCO Group has been removed from the Nasdaq Stock Market because the company declared bankruptcy in Septembe...
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General Motors Corp., Renault SA and Nissan Motor Co on Wednesday said they had broken off talks over a proposed alliance between the three automakers.
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American Express Co. AXP.N, a global  credit card and travel services company, on Tuesday said it  will spin off its personal finance unit, American Express  Financial Advisors, to shareholders in the third quarter.