M & A wrap: T-Mobile deal on the rocks?
AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators. If the deal collapses, Deutsche Telekom may be forced to sell assets closer to home and take a knife to its cost base, reports Victoria Howley and Georgina Prodhan.
Australia’s government approved SABMiller’s $11.2 billion deal to acquire Foster’s Group under foreign acquisitions laws, but imposed conditions requiring the company to keep brewing operations in Australia.
Chow Tai Fook Jewellery Group could raise up to $2.83 billion, which would be the biggest Hong Kong initial public offering of the year, tapping volatile equity markets to fund the purchase of diamonds and gold and pay down debt.
Ahead of Zynga’s IPO, the San Jose Mercury News looks at what makes the company attractive.
Get a new perspective on the Olympus saga in this interactive graphic.