General Motors is in discussions with Fiat Group over the acquisition of a controlling stake in Fiat's automotive financing division, Fidis. A rival offer has already been received from 3 Italian bank... [more]

The Italian Utility company Edison is considering selling its majority stake in the French sugar company Beghin-Say, valued at 1.1bn Euros. A group of French sugar-beet farmers have put in a bid for ... [more]

Germany's biggest travel group, Preussag, is considering the possibility of selling its oil and gas business. The division is seen as non-core, and could fetch an estimated 1bn Euros.... [more]

Swiss orthopaedics firm Centerpulse, formerly Sulzer Medica, is selling off its cardiac and vascular divisions. Lehman Brothers are advising on the sales, which could raise an estimated $544m.... [more]

Germany's largest utility company Eon has gained approval to go ahead with an acquisition of the UK's Powergen. The deal is said to be worth some £9.6bn. It may be the start of further expansion into ... [more]

Fiat may be forced to sell its controlling stake in Italy's second largest Electricity utility company, Italenergia, in order to reduce Fiat's $33.6bn debt. Creditor banks are estimated to be likely t... [more]

Ericsson, the Swedish telecoms equipment producer has revealed that it will sell the core of its chip-making microelectronics division to Infineon, the German semiconductor group. The deal is valued a... [more]

The private equity firm Amicus Partners has bought the hosiery division of Charnos, completing the break-up of one of the last family-owned hosiery firms in the UK.... [more]

Shareholders of the entertainment rights company, Just, are trying to rescue the company from administration and merge it with Target Distribution, a television rights business, which they are proposi... [more]

Univision, the US media company aimed at the Spanish-language market, has agreed to buy Hispanic Broadcasting Corp's 55 radio stations in a $3.5 bn deal.... [more]

Mitie Group has sold a number of Mitie Access scaffolding subsidiaries to a management buy-out team operating under the name of Bow Scaffolding Group, in a £5m deal.... [more]

Adria, the hosiery manufacturer with 1,300 staff, has been sold by Charnos to a management buy-out backed by private equity firm Amicus Partners, while the Charnos lingerie business is being sold to P... [more]

Andrews Sykes has sold its Cox plant hire business to Paddico, a new company established by Close Brothers, for £9.3m.... [more]

The US electronic trading system, Instinet, which is mainly owned by Reuters, is to buy its main rival, Island.The all stock deal is valued at £348m.... [more]

TotalFinaElf, the French oil group, has had a number of bids for its paints division SigmaKalon. The company is the second largest producer of coatings in Europe and is valued at 1.3-1.7bn Euros. Tota... [more]

General Electric is to create a team to target European industrial groups who are experiencing depressed valuations. The mergers and acquisitions team will seek takeovers in power generation, medical ... [more]

Global Crossing, the bankrupt telecoms carrier, has a number of potential bidders for its UK network, including Scottish and Southern Energy. ... [more]

Gallaher Group is being eyed by its rival British American Tobacco (BAT), the second biggest tobacco company in the world. BAT is considering the acquisition, valued at £5.3bn.... [more]

Spanish company Gas Natural is looking to sell its pipeline network, Enagas. This will be an important step in the liberalisation of what is said to be the fastest growing European energy market. The ... [more]

ABN Amro, the Dutch bank, is buying a controlling stake in Artemis Investment Management. The deal will mean that ABN Amro's £1.4bn UK asset management funds will be rebranded with Artemis' name.... [more]