AXA to Sell SunLife and British Pensions Business to PhoenixThe sale is the latest move in AXA's efforts to exit the life insurance and savings business in Britain.
Zoomlion Drops Pursuit of Terex, the Crane and Heavy Equipment Maker The announcement came after Terex decided to sell its materials handling and ports solutions business to Konecranes for about $1.3 billion.
Verizon Turns to Former Yahoo Bankers Verizon Communications is working on its bid for Yahoo's core assets with Bank of America, which was one of the Internet company's top advisers until last year, Reuters reports, citing people familiar with the matter.
Rethinking Apple's Recipe for Success An aging iPhone, a tepid stock price and a pile of idle cash could make even a mediocre idea, like making a bid for Time Warner, look awfully tempting, Robert Cyran writes in Breakingviews.
Valeant Rejected Joint Takeover Approach From Takeda and TPG The approach came a month or two ago, before Valeant named Joseph Papa as its new chief executive, and didn't include a firm price, The Wall Street Journal reports, citing people familiar with the matter.
ChemChina Said to Be Interested in SGL Carbon of GermanyRen Jianxin, the chairman of ChemChina, has held talks with Juergen Koehler, the chief executive of SGL, and Susanne Klatten, who owns 27 percent of the company's shares, Reuters reports, citing the German Manager Magazin.
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