Mergers & Acquisitions
Topics also related to M&A:
UPDATE 1-Sony to assess spin-off plan; cuts targets for cameras, smartphones
* Sony cuts 2014-15 camera sales fcast to 1.3 trln yen from 1.5 trln
Russian banker has his eye on Europe
* Now focused on corporate lending but is open to new ideas
INSIGHT-No more easy pickings in Russia's banking market
* Foreign banks have made mistakes in Russia's retail market
Sony cuts sales target for cameras, smartphones for 2014-15
TOKYO, May 22 - Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen ($12.7 billion) for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen.
Miner Afferro agrees to $190 mln offer from IMIC
LONDON, May 22 - West Africa-focused miner Afferro has agreed to a $190 million cash-and-paper offer from investment group IMIC, it said on Wednesday.
BRIEF-IMIC agrees $190 mln offer for Afferro Mining
LONDON, May 22 - Afferro Mining Inc : * Proposed offer for Afferro Mining Inc by International Mining & Infrastructure Corp * Values the current issued share capital of Afferro at approximately US$190
Market Chatter-Corporate finance press digest
May 22 - The following corporate finance-related stories were reported by media on Wednesday:
Market Chatter-Corporate finance press digest
May 22 - The following corporate finance-related stories were reported by media on Wednesday:
Merck signs $5 bln share buyback agreement with Goldman Sachs
May 21 - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics.
Westfield in talks to sell 7 U.S. malls to Starwood - source
SYDNEY, May 22 - Australia's Westfield Group is in talks to sell seven U.S. shopping malls to private real estate investment company Starwood Capital Group for more than $1 billion, a source said on Wednesday.
- Finance: PRESS DIGEST - British Business - May 22
- Technology: UPDATE 1-Is Sony un-Japanese enough to entertain change?
- Healthcare: Roche, Sigma teamed up for failed Life Technologies bid -sources
- Consumer: Is Sony un-Japanese enough to entertain change?
- Energy: UPDATE 1-Chevron nears sale of Egypt, Pakistan downstream assets -sources
- Industrials: RPT-UPDATE 2-KKR selling remaining stake in Seven West Media
- Rescuers seek Oklahoma tornado survivors as area eyes recovery
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- Senate panel passes immigration bill; Obama praises move
- Dimon clings to JPMorgan chairman title, after fight
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- Apple CEO makes no apology for company's tax strategy
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- Tax official at center of scandal won't testify: lawyer
- Insight: No more easy pickings in Russia's banking market
- Death toll rises to 28 in Indonesia mine accident
- Prosecutors consider using racketeering law against SAC: source
- Iran bars candidates for presidential election
- Attacks in Iraq kill over 40, sectarian tensions high
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