Reuters - Privately-owned British fashion retailer New Look may be sold for 2 billion pounds ($3.91 billion) after private-equity firms Apax and Permira received at least three bid approaches for the firm, The Sunday Times said.
More: continued here
Reuters - Warren Buffett, who last year generated a 24 percent return for Berkshire Hathaway Inc. (BRKa.N) (BRKb.N) shareholders, may this week tell investors and followers to lower their sights for 2007.
More: continued here
Reuters - Google Inc. is working with Dow Jones & Co. Inc. , Conde Nast, Sony BMG (6758.T) Music Entertainment and other large content companies to syndicate their video content on other Web sites, the New York Times reported on Monday.
More: continued here
Reuters - Goldman Sachs Group , the world’s largest investment bank, plans to start doing mutual fund business in India, the Business Standard news paper reported on Sunday, without disclosing the source.
More: continued here
Reuters - DaimlerChrysler AG (DCXGn.DE) is considering taking a minority stake in General Motors Corp. as payment for Chrysler if a deal between the two automakers takes place, the Financial Times said on Monday.
More: continued here
Reuters - Stocks fell for a third straight session on Friday as concern over rising defaults in the subprime mortgage industry drove down financial services shares and the price of oil hit a 2007 high.
More: continued here
Reuters - Mexican broadcaster Televisa will be allowed to buy a stake in cable company TVI only if it agrees to offer its popular free channels to competitors, Mexico’s anti-trust agency said on Sunday.
More: continued here
Reuters - Texas power company TXU Corp. said on Monday it would be acquired by a group led by private equity firms Kohlberg Kravis Roberts & Co. and Texas Pacific Group for $31.8 billion in the largest leveraged buyout in history.
More: continued here