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Italians said to eye NASDAQ’s LSE stake
The buy would raise Italian firms’ presence on the British exchange, as the LSE has agreed to buy Borsa Italiana for $2.21 billion.
TXU takeover deal gets shareholder OK
The $32B buyout of Texas power utility TXUby private equity firms KKR and Texas Pacific was approved today by TXU shareholders.
LPL continues buying binge
The biggest B-D is buying Independent Financial Marketing Group from Sun Life Financial.
Wachovia looks to calm skittish A.G. Edwards reps
IRVINE, Calif. — Wachovia Securities LLC’s whirlwind tour of brokers at A.G. Edwards & Sons Inc. has helped calm anxieties about the merger of the two firms, but it hasn’t kept some representatives from abandoning ship. A 40-city tour by six Wachovia executives, including Wachovia chief executive Danny Ludeman and his counterpart at A.G. Edwards, Bob Bagby, is scheduled to conclude this week.
Wachovia to cut post-merger jobs
Thousands of jobs will be cut if A.G. Edwards shareholders approve Wachovia's takeover bid on Sept. 28.
FOCUS joins with Education Capital
FOCUS an investment banking firm, today announced its merger with Education Capital, an adviser to education companies.
NASDAQ offers stock for OMX buy
NASDAQ wants OMX shareholders to take shares, as opposed to cash, in its bid for the Swedish market, the Financial Times said.
Fortis signs off on ABN AMRO buy
Fortis, a Dutch-Belgian bank that’s part of a group bidding for ABN AMRO, today received shareholder support for the takeover.
NRS and ComplianceMax merge
National Regulatory Services Inc., a national compliance consulting firm, has acquired ComplianceMax Financial.
Fiserv and CheckFree to merge
Fiserv, provider of information management services, will acquire CheckFree in a deal worth more than $4 billion.
BISYS owners approve sale to Citi
Shareholders at The BISYS Group Inc. today approved the outsourcing company’s takeover by Citi.
UBS completes mega-buy of Daehan
UBS Global Asset Management said that it completed its $162.2 million acquisition of a 51% stake in Daehan Investment Trust Management Co.
Barclays boosts ABN Amro bid
Barclays has revised its offer for ABN Amro—this time with financial backing from China Development Bank and Temasek Holdings.
RBS and Co. boost bid for ABN Amro
Royal Bank of Scotland and a consortium of banks have upped the cash component of their bid for ABN Amro.
M&A activity on the rise among asset managers
An upsurge in mergers-and-acquisitions activity in the investment management industry is leading some market insiders to speculate that deals involving some well-known companies may be in the works.
Court OKs ABN Amro’s LaSalle sale
The Dutch Supreme Court removed a roadblock in Barclays efforts to buy ABN Amro Holding NV.
CBOT, Merc shareholders OK deal
The Chicago Mercantile Exchange won shareholder approval Monday to buy the Chicago Board of Trade in an $11.8 billion acquisition.
Asset manangement M&As hit $32.3 billion
Investment management firms reached record levels of merger activity during the first half of the year, according to a study.
ICE freezes bid as CME prepares to vote
IntercontinentalExchange Inc. has decided not to up the ante on its bid for CBOT Holdings, according to a published report.
Carlyle snaps up Sequa for $2.7B
The Carlyle Group today agreed to buy Sequa Corp., an auto parts maker, for $2.7 billion.
