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  1. Origin Energy Announces Conoco Deal to Fend Off BG Bid

    DealBook - 16 minutes ago

    Origin Energy, fending off an $11 billion hostile bid from Britain’s BG Group, is to spin off its coalbed methane assets into a joint venture with U.S. oil major ConocoPhillips. Origin and Conoco said in statements on

    Also tagged: by industry, i p o offerings, energy utilities

  2. DSG Sought Bid From Germany’s Media Markt, Report Says

    DealBook - 16 minutes ago

    Germany’s Media Markt, Europe’s biggest electrical goods retailer, has rejected a request from DSG International to consider a bid for its closest rival, The Financial Times reported. Britain’s DSG, which trades as

    Also tagged: mergers and acquisitions, by industry, retail leisure

  3. Lonmin in Secret Talks On 3-Way Merger, Report Says

    DealBook - 16 minutes ago

    Lonmin is considering a three-way merger with two rival platinum groups, as a way of avoiding the clutches of Anglo-Swiss mining giant Xstrata, The Telegraph reported. According to The Telegraph, secret talks started

    Also tagged: mergers and acquisitions, xstrata, by industry, basic industries

  4. More Opposition to Google-Yahoo Deal

    DealBook - 16 minutes ago

    From Bits: On Sunday, the Association of National Advertisers, a giant trade group, said it objected to the Google-Yahoo advertising partnership.

    Also tagged: technology, google, yahoo, legal

  5. Fairfield Merges With Swiss Bank

    DealBook - 16 minutes ago

    U.S. hedge fund Fairfield Greenwich Group has merged with Swiss private bank Banque Benedict Hentsch, bringing their combined assets under management to more than $18 billion. The deal will allow Fairfield’s clients to

    Also tagged: financial services, hedge funds, by industry

  6. Britain’s Nationwide to Merge With Smaller Rivals

    DealBook - 16 minutes ago

    Nationwide, Britain’s second-largest mortgage lender, said Monday that it was taking over two smaller rivals which have been forced into loss by the credit crunch. Nationwide said it would would merge with The

    Also tagged: financial services, mergers and acquisitions, by industry

  7. Italy’s Eni Buys Canada’s First Calgary

    DealBook - 16 minutes ago

    Italy’s Eni has inked a deal to buy Canada’s First Calgary Petroleums, in cash a offer worth 923 million Canadian dollars ($866 million). “The transaction is in line with our strategy of increasing our presence in our

    Also tagged: mergers and acquisitions, by industry, energy utilities

  8. Wachovia Hires a New Finance Chief

    DealBook - 8 hours ago

    Robert K. Steel is close to naming a former insurance industry executive as Wachovia’s new finance chief, The New York Times reported, citing people briefed on the situation.

    Also tagged: financial services, investment banking, carlyle group, wachovia, top headline

  9. U.S. Unveils Takeover of Fannie and Freddie

    DealBook - 10 hours ago

    The Treasury Department seized control of Fannie Mae and Freddie Mac, the giant quasi-public mortgage finance companies, on Sunday and announced a four-part rescue plan that included an open-ended guarantee to provide

    Also tagged: financial services, legal, top headline

  10. What Awaits Fannie and Freddie?

    DealBook - Sep 5, 2008

    Reports that the Treasury department is nearing a decision on how to shore up Fannie Mae and Freddie Mac, the faltering mortgage finance giants, had investors on edge late Friday afternoon, as they worried about the

    Also tagged: financial services, legal, top headline

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