Mergers & Acquisitions
Topics also related to M&A;:
Nextel seeks fast network launch in Mexico in 3rd quarter
MEXICO CITY, June 15 - NII Holdings' Nextel said on Friday it will make the full launch of its fast mobile network in Mexico in the third quarter, offering downloads of 21 Mbps as it seeks to boost market share in the cell phone market.
De Beers won't bid for BHP's stake in Ekati-sources
LONDON/TORONTO, June 15 - De Beers, the world's largest diamond miner, considered a bid for BHP Billiton's 80 percent stake in the EKATI diamond mine, but it has decided not to submit an offer for the asset, according to multiple sources involved in the process.
Brazil may bar Thyssen unit sale to foreigner-source
RIO DE JANEIRO, June 15 - Brazil's government wants to prevent German steelmaker Thyssenkrupp from selling its majority stake in local slab-making joint venture CSA to another foreign company, a source with knowledge of the situation told Reuters.
Canada to extend review of Glencore-Viterra deal
June 15 - Swiss commodities trader Glencore International PLC said on Friday it has agreed to an extension of the Canadian government's review of its proposed takeover of Viterra Inc, Canada's biggest grain handler.
Mexico's Slim to keep YPF stake at least short-term
MEXICO CITY, June 15 - Mexican tycoon Carlos Slim and his family plan to keep their 8.4 percent stake in Argentine energy company YPF at least for the short-term, a spokesman for the billionaire told Reuters on Friday.
Freight forwarder Phoenix International exploring sale
June 15 - Freight forwarder Phoenix International is exploring a sale that could fetch as much as $500 million from global logistics companies, several sources familiar with the matter told Reuters.
UPDATE 4-HK bourse agrees to buy London Metal Exchange
* HK bourse to leave brand, open outcry unchanged to 2015
CORRECTED-UPDATE 2-HK bourse agrees to buy London Metal Exchange
(Corrects to remove quote wrongly attributed to Gavin Prentice, managing director of Marex Spectron and also an LME board member. the quote was from another unnamed source)
TEXT-S&P; rates Wabash National Corp 'B+'
June 15 - Overview -- Wabash National Corp., a diversified manufacturer of truck trailers, has secured a $300 million term loan and issued $150 million in convertible notes to fund its acquisition of Walker Group Holdings. -- The acquisition of Walker, a manufacturer of liquid tank trailers and vessel containment equipment, has the potential to improve Wabash's profitability, with less volatile cash flow and greater end-market diversity. -- We are assigning our 'B+' corpor
Chronology-History of the London Metal Exchange
* HK bourse agrees to buy London Metal Exchange LONDON, June 15 - The London Metal Exchange, which the Hong Kong stock exchange agreed to buy on Friday, was formed in the last quarter of the 19th century to serve industrial Britain's insatiable appetite for metals. From its beginnings above a London hat shop, the LME has grown into the world's largest non-ferrous metals marketplace. Following is a chronology of major events in its 135-year history: 1571 - The Ro
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