Banks Haggle As Cpp Bid Deadline Looms


Banks Haggle As Cpp Bid Deadline Looms

Britain's biggest banks are continuing to haggle over the terms of an insurance mis-selling compensation scheme that has threatened the future of CPP, one of the country's biggest providers of identity theft cover.

Coty shunned after calling on Avon with $10bn bid

Avon Products, the cosmetics company, has turned its nose up at a $10bn takeover offer from the perfume maker Coty.

NewsWatch: Japan recovery: Heroic bid may yet fall short

Nearly a year after a monster earthquake set off a chain-reaction of tragic events, Japan serves as a reminder of not only how far it has come from the catastrophic aftermath, but also how much more difficult its task remains.

NewsWatch: BHP plans $48.5B bid for Woodside: report

BHP Billiton Ltd. is in talks to buy Australian oil and gas producer Woodside Petroleum Ltd. for $48.5 billion amid surging commodity prices, in what would be Australia’s largest-ever takeover deal, according to published reports on Sunday. (1 hour ago)

London close: Footsie advances as takeover activity excites

Shares closed with decent gains as bid activity and higher oil prices whetted investor appetites. (26 mins ago)

Casey’s General Stores Receives Higher Bid From Third Party

Shares of Casey’s General Stores surged Tuesday after the retail chain announced a higher bid from a strategic third party, upped its quarterly dividend and posted better first quarter results than last year. (20 mins ago)

Abu Dhabi SWF joins M.Stanley in UK rail bid-paper

Abu Dhabi SWF joins M.Stanley in UK rail bid-paper (2 hours ago)

GE Cap sells transport finance biz to Shriram

In a bid to restructure its existing business in the country, GE Capital India has sold a part of its transportation finance portfolio to Shriram Transport Finance Company. GE Capital will retain the balance portfolio with no change to the existing people and infrastructure supporting the business. (3 hours ago)

Cephalon Launches $207 Million Bid For Arana Therapeutics

Cephalon Launches $207 Million Bid For Arana Therapeutics (12 mins ago)