Member 3366


Postbank sale may fail over target price: report (Reuters)

06-07-2008 02h02
Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday.

Auto sector woes could spur deals: Renault CEO (Reuters)

06-07-2008 02h04
Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.

BCE buyers finalize funding (Reuters)

05-07-2008 06h01
Reuters - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price.

Hyundai union calls for work stoppage next week (Reuters)

05-07-2008 12h11
Reuters - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.

Alabama likely site of new VW plant: report (Reuters)

06-07-2008 04h45
Reuters - Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.

Smooth sailing for yacht builders despite economy (AP)

05-07-2008 13h21
AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.
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