The U.S. Department of Justice's Antitrust Division will review the proposed $3 billion merger of UAL Corp.'s United Air Lines Inc. and Continental Airlines Inc., a deal that would create the world's largest airline.
Private equity investment group Apax Partners LLP will buy a majority stake in Sophos PLC in a deal that allows the data protection provider to retain a significant minority stake.
The Netherlands Competition Authority has slapped British insurance company Amlin PLC and the Dutch government with a combined €2.15 million ($2.8 million) in fines for failing to promptly notify it of Amlin's takeover of a Fortis NV insurance unit that the Netherlands acquired after the former banking giant crumbled in 2008.
Newcrest Mining Ltd. said Tuesday that it planned to buy Papua New Guinea-based Lihir Gold Ltd. in a deal valued at $8.6 billion that, according to the Australian miner, will result in the production of 2.5 million ounces of gold per year "for many years to come."
The general counsel for Barclays PLC’s investment banking unit said Monday that the British firm would have most likely walked away from a hastily arranged deal to purchase assets from bankrupt Lehman Brothers Holdings Inc. if extra benefits had not been added to the transaction to offset growing risks.
Private equity firms Warburg Pincus LLC and Silver Lake Partners are reportedly wrapping up a $3.1 billion deal for Pearson PLC's financial-market data unit Interactive Data Corp.
Fried Frank Harris Shriver & Jacobson LLP has expanded its London antitrust division with the addition of a European competition and mergers and acquisitions expert from Olswang LLP.
Private equity firm Oak Hill Capital said Monday it was set to shell out $570 million to snap up restaurant and entertainment chain Dave & Buster's Inc. from current owner Wellspring Capital Management LLC.
Canada's Shaw Communications Inc. said Monday it would spend CA$2 billion ($1.97 billion) to acquire the television channels of restructured media company Canwest Global Communications Corp. in a move to add content ownership to its cable and satellite distribution network.
Norwegian aluminum supplier Norsk Hydro ASA has agreed to purchase Brazil-based Vale SA's aluminum business for $4.9 billion, a move that will give Hydro access to a massive reserve of raw materials.
A bankruptcy law professor and private practice head on Friday was appointed the examiner in the Tribune Co. bankruptcy, where he will independently investigate real estate mogul Samuel Zell's 2007 leveraged buyout of the company, which left it more than $11 billion in debt.
The Federal Trade Commission is reviewing Simon Property Group Inc.'s proposed $2.3 billion takeover of Prime Outlets Acquisition Co.'s outlet shopping center operations, SPG's CEO said Friday.
Though a union between United Air Lines Inc. and Continental Airlines Inc. would create the world's largest airline by traffic, the pairing would likely have little trouble securing approval from U.S. antitrust authorities after a thorough examination, experts say.
A Barclays PLC executive testified Friday that his firm pocketed a “load” of quick gains on stock holdings it received through its purchase of bankrupt Lehman Brothers Holdings Inc.’s investment banking assets, but he said he could not specify an amount.
High-end cosmetics company L'Occitane International SA reportedly raised HK$5.5 billion (US$707 million) Friday in the first initial public offering by a French company on the Hong Kong stock exchange.
The European Commission warned European nations Friday that problems with double taxation may be inhibiting cross-border venture capital investment and urged the countries to adopt certain standards for investment fund tax classifications.
Reed Smith LLP has added a corporate finance attorney from the partnership ranks at Morgan Lewis & Bockius LLP to its Philadelphia office, the latest move in the firm's expansion of its corporate and securities practice.
Continental Airlines Inc. and UAL Corp.'s United Air Lines Inc. will reportedly announce Monday that they are merging to create the world's largest airline.
Former Lehman Brothers Holdings Inc. Chief Financial Officer Ian Lowitt has told a court that Barclays PLC extended a roughly $6 million job offer to him amid the New York investment bank's meltdown, nailing down a contract before a now-disputed sale of broker-dealer assets to Barclays was finalized.
Eighteen investment funds have joined a lawsuit against German carmaker Porsche Automobil Holding SE that is seeking to recover more than $2 billion the plaintiffs allegedly lost as a result of Porsche's ill-fated attempt to take over Volkswagen AG in 2008.