M & A wrap: Sony going solo?
Sony is in talks to buy out Ericsson’s stake in their mobile phone joint venture, a source said, in a bid to catch up with rivals.
Belgium’s federal government and its regions clashed over the fate of the Belgian banking activities of stricken Dexia, delaying a joint Franco-Belgian rescue of the group.
Bloomberg digs into the changing value of the Deutsche Boerse-NYSE merger and the potential return for investors.
“French and Belgian bank stocks have crashed and the bond yields of Greece, Italy and Portugal may be peaking. Now hedge funds and bond vigilantes have begun to zero in on Hungary as the fashionable European country to bet against,” reports the NYT.