MERCK TO BUY SIGMA-ALDRICH FOR $17 BILLION
German pharmaceutical company Merck said it would acquire U.S.
firm Sigma-Aldrich for $17 billion, paying $140 a share in
cash.
TESCO SUSPENDS EXECUTIVES, PROBES ERROR
Tesco has issued its fourth profit warning in three years and
said it is investigating why it overstated its most recent profit
forecast by $408.8 million.
GOOGLE'S RECIPE FOR EU'S DIGITAL AGENDA
Executive Chairman Eric Schmidt is encouraging Europe to remove
remaining national borders which complicate life for tech
companies, cut red tape and embrace disruptive services.
SIEMENS TO BUY DRESSER-RAND FOR $7.6 BILLION
German engineering company Siemens announced a deal to acquire
U.S. oil-equipment maker Dresser-Rand Group for $7.6 billion.
AIRBUS TO BEGIN FLIGHT TRIALS OF NEW A320NEO ENGINE OPTIONS
Airbus plans to begin flight trials of its new plane this week.
The A320neo, which places more fuel efficient engines on the
single-aisle plane, is the best selling program Airbus has ever
launched.
LONDON MINING IN DISPUTE WITH GLENCORE
Sierra Leone iron ore producer London Mining said it has entered
into a dispute with Glencore over a cash prepayment that the
commodities trader has refused to pay.
SIEMENS TO SELL STAKE IN APPLIANCE JOINT VENTURE TO BOSCH
German engineering group Robert Bosch GmbH will purchase Siemens
AG's 50% stake in household appliances joint venture BSH Bosch und
Siemens Hausgeraete GmbH, the companies said on Monday.
GERMAN AMAZON WORKERS ON STRIKE
Workers at five German Amazon.com logistics centers have walked
out in a two-day strike to support demands for a collective wage
agreement.
ALIBABA BANKERS EXERCISE 'GREEN SHOE' OPTION
Bankers for Alibaba Group Holding maximized the size of the deal
Friday, officially making it the biggest initial public offering
ever, at $25 billion, according to people familiar with the
sale.
EMC WEIGHS MERGER, OTHER OPTIONS
Data-storage giant EMC under pressure from a shareholder
activist and faced with the expected retirement of its longtime
chief executive, is considering options that could include a merger
deal with a rival, according to people familiar with the
matter.