Financial And Forex Info: Reuters - Deals Today: Exclusive: Renault-Nissan rules out merger between companies.
Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion from IPOs, according to Thomson Reuters data.
A Renaissance Capital report looks at what is driving this year's surge in U.S. IPO activity.
U.S. antitrust regulators will give a hard look at any attempt by Nasdaq OMX to acquire NYSE Euronext, experts said, with some predicting a prolonged review or "serious" snags.
Private equity firms face mounting competition from deal-hungry strategic buyers with the cash and appetite to outbid them, stealing away some of the companies they have been tracking for some time.
The investigators looking into the Bernard L. Madoff fraud could spend over $1 billion on the case and have already made some interesting discoveries, reports the New York Times.
|Exclusive: Renault-Nissan rules out merger between companies|
|YOKOHAMA, Japan (Reuters) - Carlos Ghosn on Friday ruled out a merger between Renault and Nissan, the two auto giants he heads, but said he would review the capital structure of the partnership after pressure from investors in the struggling French car maker. | Full Article|
|News Corp kicks off Myspace sale process|
|February 25, 2011 07:20 AM ET|
|NEW YORK (Reuters) - News Corp has kicked off the process to explore the sale or spin-off of its troubled social entertainment site, Myspace, a person familiar with the talks said on Thursday. | Full Article|
|Global IPOs have best start to year on record|
|February 25, 2011 06:07 AM ET|
|LONDON (Reuters) - Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion from initial public offerings (IPOs), according to Thomson Reuters data on Friday. | Full Article|
|Interserve in pole position for Mouchel takeover|
|February 25, 2011 08:26 AM ET|
|LONDON (Reuters) - British support services company Interserve has made a cash-and-shares approach to peer Mouchel to create a UK outsourcing powerhouse, trumping construction firm Costain. | Full Article|
|Exclusive: Allison Transmission planning $1 billion IPO|
|February 24, 2011 07:37 PM ET|
|NEW YORK/DETROIT (Reuters) - Allison Transmission, which makes automatic transmissions for fire trucks, school buses and military vehicles, has hired banks for a third quarter initial public offering that could raise around $1 billion, four sources familiar with the situation said. | Full Article|