| Fiat CEO says other options to Chrysler deal "I intend to reach a good conclusion," Sergio Marchionne told reporters at a news conference in Zurich, adding that he saw no reason for Fiat not to close by the deadline set by the U.S. gove ...[more] |
| Canada union invites Fiat to Chrysler talks Monday Chrysler has until the end of the month to forge an alliance with Fiat to qualify for long-term U.S. and Canadian government aid. The Italian automaker has said such a deal hinges on Chrysler ...[more] |
| Centex' positives hold risk for Pulte ) proposed acquisition of homebuilder Centex Corp CTX.N is clear. No. 2 Pulte's plan to buy Centex, the No. 3, in a $1.3 billion all-stock deal enables Pulte to diversify its busine ...[more] |
| Labor costs should not block Chrysler-Fiat deal: CAW "There's no question that we need the Fiat deal, there's no question that we need the partnership," CAW President Ken Lewenza told reporters. (Reporting by John McCrank, writing by Fr ...[more] |
| Suncor and Petro-Canada get U.S. approval for merger ) C$18.4 billion ($15.2 billion) takeover of Petro-Canada PCA.TO, a ruling that reflects the companies' relatively small U.S. operations. The Federal Trade Commission made the annou ...[more] |
| Pernod Ricard launches rights issue to cut debt ) launched a 1.04 billion euro ($1.4 billion) rights issue on Wednesday to help slash its debt and forecast improved trading in coming months after a severe sales drop in its fiscal third quarter.< ...[more] |
| Rio iron ore output down, defends Chinalco deal ) posted weaker first-quarter aluminum and iron ore output on Wednesday and defended its $19.5 billion asset and stake sale deal with China's Chinalco in front of unhappy shareholders. ...[more] |
| Islamic firms seek bargains in the West Having covered Islamic finance for 15 years, Neil Miller, head of Islamic Finance at Norton Rose, relocated from London to Dubai a few weeks ago to work on developing sharia-compliant mergers ...[more] |
| Fiat CEO: won't ask for Chrysler deadline extension "I still intend to reach a good conclusion," Marchionne said, speaking at a press conference. "There is not a single reason why Fiat cannot close by April 30." Fiat is still looking f ...[more] |
| Cisco gets antitrust OK to buy Flip Video maker ) has won U.S. antitrust approval to buy Flip Video digital camcorder maker Pure Digital Technologies, the Federal Trade Commission said on Wednesday. The $590 million purchase, all ...[more] |
| Arcapita to raise $400 million, eyes deals "We are talking to existing shareholders as we speak," Atif Abdulmalik told the Reuters Islamic Banking and Finance Summit in Bahrain on Wednesday. "We have secured commitments for more than ...[more] |