| | | Bayer says needs more time for Monsanto deal approval | | | MONHEIM, Germany (Reuters) - German drugs and pesticides group Bayer said it would likely take until early next year to complete the planned $66 billion takeover of U.S. seeds group Monsanto , which it had previously expected to be under wraps by the end of 2017. |
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| Knorr-Bremse hits brakes on bid for Haldex | | | STOCKHOLM (Reuters) - German vehicle brake systems maker Knorr-Bremse has dropped its 5.5 billion crown ($692 million) bid for smaller Swedish rival Haldex , ending for now a heated bidding process that has lasted more than a year. |
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| | | Alibaba-backed logistics firm Best slashes proposed U.S. IPO: IFR | | | HONG KONG (Reuters) - Chinese logistics firm Best Inc, backed by Alibaba Group Holding Ltd , cut the size of a proposed U.S. initial public offering (IPO) after receiving tepid investor response to its preliminary valuation, IFR reported on Tuesday citing people close to the deal. |
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| China's CGN bids for stake in Toshiba's NuGeneration UK plant | | | HONG KONG (Reuters) - China General Nuclear Power Corporation (CGN) is bidding to make an equity investment in a planned British nuclear plant, the future of which was thrown into doubt earlier this year amid mounting financial woes at its developer Toshiba Corp . |
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