Second-quarter M&A close to record amid mega deals
NEW YORK/LONDON (Reuters) – Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share.
AT&T, DirecTv extend ‘termination date’ for second time
(Reuters) – AT&T Inc , the No. 2 U.S. telecom company, said it has extended the “termination date” of the merger agreement with satellite TV provider DirecTV for “a short period of time”, the second time in two months.
Heinz executives to dominate Kraft Heinz leadership
(Reuters) – The leadership of Kraft Heinz Co will be dominated by former executives of H.J. Heinz Co after that company merges with Kraft Foods Group Inc , both companies said.
Gundlach says purchased ‘lots’ of Treasuries, Ginnie Maes on Friday
NEW YORK (Reuters) – Jeffrey Gundlach, a widely followed investor who oversees DoubleLine Capital, said in an interview on Monday his firm had purchased “lots of Treasuries and Ginnie Maes” on Friday, ahead of new developments in the Greek and Puerto R…
Greek drama not likely to waylay Federal Reserve
WASHINGTON (Reuters) – The fuse may be lit for a Greek exit from the euro zone but the fallout in the United States is expected to be modest and not enough to throw the Federal Reserve’s likely September rate hike off course, said former Fed officials …
MetLife accuses U.S. risk panel of secrecy; demands access to records
WASHINGTON (Reuters) – MetLife asked a federal judge on Monday to force the U.S. government to hand over 500 pages of confidential records that relate to financial regulators’ decision to designate the insurance giant as systemically important.
Alstom chief confident GE deal will get EU approval
PARIS (Reuters) – The chief executive of French engineering group Alstom SA is confident the planned sale of the group’s power business to General Electric Co will win European Union approval, he was quoted saying in a newspaper interview.
Talks to resolve Lufthansa pay dispute stalled, union says
FRANKFURT (Reuters) – Talks to resolve a pay dispute at German airline Lufthansa have stalled and a resolution is still not in sight, German flight attendants’ union UFO said on Monday.
Lufthansa eyes Eurowings as platform for consolidation
FRANKFURT (Reuters) – (This version of the story was refiled to correct spelling of Dolomiti in paragraph 1)
German prosecutor launches new rate inquiry at Deutsche Bank: FT
FRANKFURT (Reuters) – German prosecutors have launched preliminary inquiries into the roles individuals may have played in connection with Deutsche Bank’s participation in the interest rate-rigging scandal, the Financial Times reported online on Monday.
