ALH says no formal offer yet by Coles
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TAKEOVER target Australian Leisure &amp; Hospitality had not, by late yesterday, received any type of formal offer from Coles Myer.
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Air France-KLM  declined comment on Tuesday on the latest in a series of newspaper reports that it remains interested in bidding for Alitalia .
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The European financial market operator Euronext said it could not yet guarantee making a bid to take over the London Stock Exchange (LSE).
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The City is awaiting details of investment shifts which could determine Marks &amp; Spencer&#39;s vulnerability to takeover after the retailer revealed details of its Â£2.
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Australian conglomerate Wesfarmers Ltd. on Monday offered 21.9 billion Australian dollars, or $18.6 billion, for retailer Coles Group Ltd. &#151; the largest takeover bid in Australian corporate history.
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MONTREAL/NEW YORK  - Alcan Inc.   has rebuffed requests by Alcoa Inc.  for a meeting to discuss Alcoa's hostile $28.6 billion offer for the Canadian aluminum producer, a regulatory filing showed on Tuesday.
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SYDNEY: Australian retailer Woolworths Ltd has upped the stakes in the bidding war for ALH Ltd. offering more money than giant rival Coles Meyer did last week but then giving the pub and liquor store group just over four hours in which to accept.
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Investors in the biotechnology company Biogen Idec announced Wednesday that it had not received any definitive offers after putting itself up for sale two months ago.
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A decision on which bidder will secure troubled Italian airline Alitalia is put off until Tuesday.
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Trading in the shares of Australian  retailer Coles Group Ltd.  and conglomerate Wesfarmers  Ltd.  was halted on Monday for talks on a bid by  Wesfarmers for Coles that could be worth up to A$20.7 billion  ($17.7 billion).
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MONTREAL/NEW YORK  - Alcoa Inc.  says it could raise its hostile $28.6 billion offer for Alcan Inc.  if warranted, but the Canadian aluminum maker has rebuffed requests for talks, a regulatory filing showed on Tuesday.
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Woolworths Ltd., Australia&#39;s biggest grocer, increased its offer for Australian Leisure &amp; Hospitality Group to A$1.2 billion ($877 million) to stop rival bidder Coles Myer Ltd.
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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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UK airline British Airways  and  U.S. investment bank Goldman Sachs  have no current plans  to bid for AMR Corp. , parent of American Airlines,  sources familiar with the matter said on Friday.
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Airline Partners Australia (APA), a  consortium bidding for Australia's Qantas Airways ,  said on Friday it would not increase its $8.7 billion buyout  offer for the airline.
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Global private equity group CVC   has pulled out of a consortium eyeing a bid for Australia&#39;s  Coles Group Ltd.  after going through the retailers&#39;  books, the buyout group said Monday.
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Australian retailer Coles Group Ltd. put itself up for sale on Friday after receiving a number of takeover approaches, saying it believed it was worth more than A$18.2 billion ($14.3 billion).