Mergers and acquisitions highlights to 15:50 GMT

Mergers and acquisitions highlights to 15:50 GMT

	Published : Sun, 04 Feb 2007 17:08 By : Agencies Print this Story

2007-02-04 15:06:22

Bank of Italy governor sees room for more bank mergers; urges govt to cut taxes

MILAN (AFX) - Bank of Italy governor Mario Draghi said there is scope for

further bank mergers in Italy after the latest round of consolidation, including

last year's deals and those still to complete.

2007-02-04 14:40:27

French utility Saur to be sold by investment fund PAI - source

PARIS (AFX) - Saur, the French water, energy and waste management company,

has been put up for sale by its owner PAI Partners, the investment fund that

acquired the utility company from Bouygues two years ago for 1.037 bln eur,

according to a source close to the company.

2007-02-04 14:34:50

UK steel union issues strike threat if Tata fails to invest in UK - report

LONDON (AFX) - The UK's leading steel union, Community, is warning Indian

group Tata Steel that unless it invests heavily in the future of the UK steel

industry it will face widespread industrial action, reports The Observer.

2007-02-04 13:51:13

Tata says he can give no guarantees over jobs at this stage after Corus deal

LONDON (AFX) - Tata Steel chairman Ratan Tata said he can give no guarantees

over the safety of jobs at this stage following his firm's successful bid for

Anglo-Dutch steelmaker Corus Group Plc.

2007-02-04 11:57:54

Japan's Nippon Oil acquires interests in 6 UK North Sea blocks - report

TOKYO (AFX) - Nippon Oil Corp has acquired interests in six oil and natural

gas blocks in the UK sector of the North Sea, the Nihon Keizai Shimbun reported

over the weekend, without citing sources.

2007-02-04 09:20:07

China agency proposes panel to review M&As by foreign firms - report

BEIJING (AFX) - China's economic planning agency has proposed to set up a

joint commission to review mergers and acquisitions (M&As) by foreign investors

in China, with the aim of protecting the country's industry security, the 21st

Century Business Herald reported.