April 24- Sprint Nextel Corp, an acquisition target of both Japan's SoftBank Corp and Dish Network Corp, posted a smaller-than-expected quarterly loss, even as it suffered steep customer losses from the wind-down of its Nextel network.
NEW YORK, April 24- Sprint Nextel Corp, an acquisition target of both Japan's SoftBank Corp and Dish Network Corp, posted a smaller than expected quarterly loss, even as it saw steep customer losses from the Nextel network it is shutting down.
BRUSSELS, April 24- EU antitrust regulators will examine IntercontinentalExchange Inc's $8.2 billion takeover of NYSE Euronext in line with a request from the exchange operators themselves, a spokesman for the European Commission said on Wednesday.
TORONTO, April 23- Teck Resources Ltd reported a sharp fall in quarterly adjusted profit on Tuesday as sagging prices for coal and copper hurt Canada's largest diversified miner, whose CEO played down any major takeover moves. The stock cut its losses and was down 1.9 percent at C $25.52 on the Toronto Stock Exchange around midday.
NEW YORK, April 22- Sprint Nextel said on Monday that its board had formed a special committee of independent directors to review Dish Network's $25.5 billion takeover bid for the No. 3 U.S. mobile provider.
*EU conditions could complicate Aperam's bid- sources. BRUSSELS/ LONDON, April 22- The European Commission may oblige steelmaker Aperam, bidding to buy Outokumpu's stainless steel plant in Terni, to sell other steel assets if it succeeds, a commission source said.
*All-stock deal valued at $2.48 bln. *Adds to wave of buyouts in education sector. SAO PAULO, April 22- Kroton Educacional SA, Brazil's largest provider of undergraduate distance learning, plans to acquire rival Anhanguera Educacional Participacoes SA in an all-stock deal, the latest in a wave of buyouts in the country's red-hot education sector.
NEW YORK, April 22- Sprint Nextel said on Monday that its board had formed a special committee of independent directors to review Dish Network's $25.5 billion takeover bid for the No. 3 U.S. mobile provider.
*ABB to acquire Power-One for $6.35 per share in cash. ZURICH, April 22- Swiss industrial group ABB is to buy solar energy firm Power-One Inc for about $1 billion, betting growth in emerging markets will revive a sector ravaged by overcapacity and plunging demand in recession-hit Europe.
*ABB to acquire Power-One for $6.35 per share in cash. ZURICH, April 22- Automation technology group ABB is to buy renewable energy firm Power-One Inc for around $1 billion to step up its presence in the growing solar inverters market.
*Blackstone withdrawal removes obstacle to Michael Dell takeover. *Michael Dell's $24.4 bln offer could still face opposition. April 19- Blackstone Group LP has ended its pursuit of Dell Inc, easing the way for founder Michael Dell and his private equity partner Silver Lake to go ahead with a $24.4 billion deal to acquire the world's No. 3 PC maker.
*Lenovo says in early acquisition talks, no target named. *Lenovo bought IBM's PC business in 2005. April 18- Lenovo Group said on Friday it was in preliminary talks about a potential acquisition, following a media report that IBM Corp was negotiating the sale of its x86 server hardware business to the Chinese computer maker.
*Royalty had urged shareholders to tender at $11.75 or $12. DUBLIN/ NEW YORK, April 18- U.S. healthcare firm Johnson& Johnson cut its stake in Elan Corp on Thursday in a move that clouds prospects for a $7.3 billion takeover bid for the Irish drugmaker.
April 18- Baxter International Inc on Thursday said its quarterly net earnings fell slightly, as expected, on acquisition-related costs. First-quarter net earnings were $552 million, or $1.00 per share, in the first quarter, compared with $588 million, or $1.04 per share, in the year-earlier period.
CHICAGO, April 17- In a move to shore up its lead in Alzheimer's diagnostics, Eli Lilly and Co on Wednesday said it will acquire two imaging agents from Siemens designed to light up brain deposits of tau, an Alzheimer's protein linked with cell death. Terms of the deal with the conglomerate's Siemens Medical Solutions USA unit were not disclosed.
*Liberty Global, Kabel Deutschland decline to comment. FRANKFURT, April 17- U.S. cable company Liberty Global is preparing a takeover offer for Kabel Deutschland, Manager Magazin reported, sending shares in Germany's biggest cable company higher.
LONDON, April 16- China's antitrust authorities removed the last obstacle to Glencore's $30 billion takeover of miner Xstrata on Tuesday after the commodities trader agreed to sell a $5.2 billion mining project to ease its grip on copper.
CHICAGO, April 17- In a move to shore up its lead in Alzheimer's diagnostics, Eli Lilly and Co on Wednesday said it will acquire two imaging agents from Siemens designed to light up brain deposits of tau, an Alzheimer's protein linked with cell death. Terms of the deal with the conglomerate's Siemens Medical Solutions USA unit were not disclosed.
BERLIN, April 16- The German state of Rhineland-Palatinate said on Tuesday it had bought a CD containing data on secret bank accounts which could yield half a billion euros in tax revenues, triggering police raids across the country.
LONDON, April 16- China's antitrust authorities removed the last obstacle to Glencore's $30 billion takeover of miner Xstrata on Tuesday after the commodities trader agreed to sell a $5.2 billion mining project to ease its grip on copper.