ThyssenKrupp denies report it may scrap Steel Americas sale
FRANKFURT (Reuters) – Germany’s ThyssenKrupp has denied a media report that it planned to scrap the sale of its Steel Americas business, the loss-making unit it has tried for more than a year to offload.
Vittorio Colao caps Vodafone revamp with U.S. megadeal
PARIS/LONDON (Reuters) – Vittorio Colao, the urbane Italian boss of Vodafone , believes that negotiating major deals is an art whose finest practitioners know how to wield power and resist pressure.
Private equity firms in running for Spain’s EVO Banco: FT
MADRID (Reuters) – U.S. private equity group Centerbridge and London-based Anacap are among the bidders in late-stage talks to buy one of Spain’s smaller nationalized lenders, the Financial Times reported on Monday.
Stock futures up, Treasuries futures slip as Syria fears ebb
NEW YORK (Reuters) – U.S. stock index futures rose on Monday and Treasuries futures slipped as worries about an imminent Western military strike against Syria ebbed.
After $130 billion deal, Colao says ‘super committed’ to Vodafone’s next chapter
LONDON (Reuters) – Vodafone Chief Executive Vittorio Colao said on Monday he was committed to the next stage in the mobile operator’s history after pulling off the $130 billion sale of the group’s stake in U.S. operator Verizon Wireless .
Cooper’s Chinese workers lock out U.S. managers to protest Indian buyout
SHANGHAI/MUMBAI (Reuters) – Workers at a Cooper Tire and Rubber Co joint venture factory in China locked out their U.S. managers to protest against a $2.5 billion buyout by India’s Apollo Tyres that they say will put their jobs at risk.
Vodafone to return $84 billion to investors after Verizon deal
LONDON (Reuters) – Vodafone said its shareholders would receive about $84 billion in cash and shares after the company completes the sale of its 45 percent stake in Verizon Wireless to Verizon Communications for $130 billion.
Verizon, Vodafone say agree to $130 billion Verizon Wireless deal
(Reuters) – Verizon Communications Inc said on Monday it has agreed to buy out Vodafone Group Plc’s 45 percent stake in Verizon Wireless for $130 billion, capping its decade-long effort to win full control of the most profitable mobile service provider…
Barclays may launch cash call on anniversary of U.S. Lehman deal
LONDON (Reuters) – Barclays Plc is set to launch its 5.8 billion pound ($9 billion) rights issue in two weeks, possibly on the fifth anniversary of its takeover of the U.S. operations of Lehman Brothers, people familiar with the matter said on Monday.
Flagship British scheme fails to boost bank lending
LONDON (Reuters) – Britain’s flagship scheme to encourage banks to pump more credit into the economy failed to boost lending in its first year, data showed, as banks focused on meeting tougher capital demands from regulators instead.
