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Private equity firm KKR & Co. L.P. (KKR) is in talks to acquire a majority stake in South Korea's No. 2 e-commerce company Ticket Monster Inc. for 350 billion won or US$316.5 million, Yonhap News Agency reported citing industry sources. KKR is in the final stage of negotiations with the local arm...

New model music company BMG said it has signed a wide-ranging digital distribution deal with Alibaba Group's (BABA) Digital Entertainment business unit. "The agreement will not only significantly boost earnings by BMG artists and writers from the world's most populous nation, but also give them a...

Staples Inc. (SPLS) and Office Depot Inc. (ODP) each received a request for additional information and documentary material, often referred to as a "second request," from the Federal Trade Commission or the "FTC" in connection with the proposed acquisition of Office Depot by the Company. The second...

Printronix Inc. announced that it has appointed Werner Heid as the company's next Chief Executive Officer and member of the Board effective immediately. Werner succeeds Randy Eisenbach, who is retiring as Chief Executive Officer and member of the Board. Prior to joining Printronix, Heid held position...

The U.S. Department of Justice announced that BSI SA, one of the 10 largest private banks in Switzerland, is the first bank to reach a resolution under the Department of Justice's Swiss Bank Program. BSI agreed to cooperate in any related criminal or civil proceedings, demonstrate its implementation...

American International Group Inc.'s (AIG) Steve Miller plans to relinquish his position in July as chairman of the company, the Wall Street Journal reported citing people familiar with the matter. AIG directors haven't yet decided on a replacement, but the next outside chairman is expected to be a...

Moog Inc. (MOG_A, MOG_B) and All Nippon Airways (ANA.L, ALNPF.PK, ALNPY.PK) signed a 10 year exclusive contract for comprehensive support of the Moog Flight Control Systems and Products on ANA's fleet of 787 aircraft. The program will include maintenance, spares, pooling and on-site technical support. Moog,...

Novartis (NVS) announced that the US Food and Drug Administration (FDA) has approved Jadenu (deferasirox) tablets, a new oral formulation of Exjade (deferasirox) tablets for oral suspension, for the treatment of chronic iron overload due to blood transfusions in patients 2 years of age and older, and...

Amneal Pharmaceuticals Pty Ltd and Actavis Australia Pty Ltd, a subsidiary of Actavis plc (ACT), announced that they have signed a binding letter of intent which provides that Amneal intends to acquire substantially all of Actavis' in-country generic pharmaceuticals business for an agreed price, subject...

Scientific instruments maker Agilent Technologies Inc (A) on Monday said it has agreed to sell its X-ray diffraction business to Rigaku, a privately held scientific instrumentation company based in Tokyo. The financial terms of the deal were not disclosed. The deal is expected to to be final May 1,...

Private equity firm Blackstone Group LP (BX) has agreed to pay more than $1.2 billion to a consortium led by Paulson & Co. for three large hotels in Orlando, Florida, and Scottsdale, Arizona, the Wall Street Journal reported Monday, citing people familiar with the matter. The hotels - Ritz Carlton...

Canadian financial technology company DH Corp (DH.TO) on Monday said it has agreed to buy New York City-based Fundtech, a provider of payments solutions to banks, for US$1.25 billion in cash. DH expects to close the deal in the second quarter of fiscal 2015, subject to customary conditions. DH...

Responding to market rumors, Canadian miner Teck Resources Ltd. (TCK_A.TO, TCK) said late Monday that it is not in discussions with Chilean copper miner Antofagasta plc in relation to any form of transaction, and that there are no other corporate developments that justify any significant movement in...

Vail Resorts Inc (MTN) on Monday agreed to buy its first international mountain resort, Perisher Ski Resort in New South Wales, Australia, for AU$176.6 million (about US$136 million), subject to certain adjustments. Vail said it is purchasing 100 percent of the stock in the entities that operate Perisher...

Clean energy company NextEra Energy Inc (NEE) on Monday said the Federal Energy Regulatory Commission has given its approval to its proposed merger with Hawaiian Electric Industries Inc (HE). The deals remains subject to approval by the Hawaii Public Utilities Commission, Hawaiian Electric shareholders,...

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