Telenet pulls out of race for KPN arm
Analysts say exit will make it harder for Dutch telecom operator to sell Belgian mobile unit at price deemed acceptable by shareholders
Financial Times
Julius Baer to buy Merrill Lynch arm
Julius Baer to buy Merrill Lynch arm
Swiss bank to pay up to $840m for wealth management arm operations outside US in deal that will involve a rights issue and abandonment of a share buyback
Elan to spin off Neotope Biosciences
Elan to spin off Neotope Biosciences
Irish biotech business plans to quote experimental medicines arm by end of the year could make it more attractive to potential buyers
Eon suffers weaker demand for energy
Eon suffers weaker demand for energy
German utility warns it will look at closing plants as profits from power generation suffer, but earnings are boosted by cheaper Gazprom gas deal
