Archive for April 6th, 2008

Seven ministers inducted into Union Cabinet

Sunday, April 6th, 2008

At least one Cabinet minister and four ministers of state will be sworn in at Rashtrapati Bhawan ...

UPDATE 1-France’s SNCF railways launches takeover of Geodis

Sunday, April 6th, 2008

(Adds background, quotes) PARIS, April 6 (Reuters) - French state railways SNCF[SNCF.UL] said on Sunday it was launching a takeover oftransport and logistics company Geodis (GEOD.PA: Quote, Profile, Research), offering apremium of more than 30 percent on its last traded price. ...

Egypt’s Arafa eyes European clothing brand

Sunday, April 6th, 2008

CAIRO, April 6 (Reuters) - Egypt's Arafa Holding AIVC.CAis seeking to spend at least $300 million to buy men's clothingbrands in Italy or Germany this year to raise the company'sprofile, the firm's chairman, Alaa Arafa, said. Arafa, which agreed last month ...

Flowers working on sweetened Friends bid: report

Sunday, April 6th, 2008

LONDON (Reuters) - U.S. buyout firm J.C. Flowers is working on a sweetened bid worth around 3.5 billion pounds ($7 billion) for British insurer Friends Provident Plc (FP.L: Quote, Profile, Research), the Sunday Times said. Friends said on March 31 that it had ...

Six Union ministers resign ahead of expansion

Sunday, April 6th, 2008

New Delhi, April 6: Six Congress ministers at the Centre resigned ahead of an expansion of the Union ...

Inzamam, Moin consider suing Akhtar

Sunday, April 6th, 2008

Karachi, April 6: Beleaguered speedster Shoaib Akhtar could face another legal wrangle for reportedly dragging former captains Inzamam-ul-Haq ...

Flowers working on sweetened Friends bid-report

Sunday, April 6th, 2008

LONDON, April 6 (Reuters) - U.S. buyout firm J.C. Flowers isworking on a sweetened bid worth around 3.5 billion pounds ($7billion) for British insurer Friends Provident Plc (FP.L: Quote, Profile, Research), theSunday Times said. Friends said on March 31 that it ...

France’s SNCF railways launches takeover of Geodis

Sunday, April 6th, 2008

PARIS, April 6 (Reuters) - French state railways SNCF saidon Sunday it was launching a friendly takeover of transport andlogistics company Geodis (GEOD.PA: Quote, Profile, Research), offering a premium of morethan 30 percent on its last traded price. SNCF, which already ...

Centrica talking to EDF on British Energy-report

Sunday, April 6th, 2008

LONDON, April 6 (Reuters) - Britain's Centrica (CNA.L: Quote, Profile, Research) haslaunched talks with French utility EDF (EDF.PA: Quote, Profile, Research) about a possiblejoint bid worth 10 billion pounds ($20 billion) for nuclearpower generator British Energy (BGY.L: Quote, Profile, Research), the Sunday Telegraphsaid. ...

Sunday, April 6th, 2008

ROME (Reuters) - Alitalia (AZPIa.MI: Quote, Profile, Research) union leaders said they were willing to resume collapsed takeover talks with Air France-KLM (AIRF.PA: Quote, Profile, Research) to avert the Italian airline's bankruptcy, but warned that any possible deal would take time. Air France-KLM ...