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#Global Deals Review: 2011 Q2

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Austria launches sale of Kommunalkredit

VIENNA (Reuters) – Austria has launched the sale of nationalized bank Kommunalkredit Austria AG, a deal it hopes to wrap up by mid-2013 in line with European Union rules on state aid. An advertisement published in the official gazette on Thursday said U.S. inv... More »

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UPS, TNT to reply to EU objections within a couple of weeks

NEW YORK (Reuters) – United Parcel Service, Inc (UPS.N ) and its Dutch merger partner TNT Express NV (TNTE.AS ) said on Friday they would take a couple of weeks to reply to European Commission objections to their 5.2 billion euro ($6.8 billion) deal. UPS and T... More »

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Dodd-Frank forces European banks to review U.S. deals

LONDON (Reuters) – Some European banks are ordering their brokers to rein in and even quit trading some derivatives with U.S.-based peers in a protest against tough new American rules. The Dodd-Frank regulations, which come into force in early 2013, will subje... More »

Cisco wins EU approval for $5 billion NDS acquisition

BRUSSELS (Reuters) – U.S. network equipment maker Cisco (CSCO.O ) won unconditional EU regulatory approval on Tuesday for its $5 billion takeover of TV software developer NDS, its largest ever, which will reinforce its presence in the video communications mark... More »

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Apple courts EPIX for upcoming TV: sources

LOS ANGELES (Reuters) – Apple Inc began talks earlier this year to stream films owned by EPIX, which is backed by three major movie studios, on devices including a long-anticipated TV, according to two people with knowledge of the negotiations. Apple, which no... More »