Roche says latest Genentech bid is still fair
) said again on Tuesday that it deemed its $93 per share offer for U.S. biotech group Genentech DNA.N as fair, after a source familiar with the situation had said the two sides were in talks for a ...[more]
Roche close to securing deal for Genentech
) may be gaining momentum in its quest to acquire the 44 percent of Genentech Inc DNA.N it does not already own as the two sides come closer to a friendly transaction.

Roche last we ...[more]

Radian says may sell interest in Sherman, shares jump
) said it was actively exploring capital raising options, including selling its stake in consumer asset and servicing firm Sherman Financial Group and through an equity offering, sending its shares ...[more]
Alstom would be interested in Areva T&D unit
) would be interested in the transmission & distribution unit of nuclear power group Areva () if the latter wanted to sell, an Alstom spokesman said on Tuesday.

"Alstom has ofte ...[more]

AB InBev's $2 billion South Korea beer sale getting stale

AB InBev's auction of Oriental Brewery (OB), which first hit the headlines last September, had been expected to attract a host of bidders, eager to tap around 40 percent of a big Asian beer m ...[more]

Santander buys out Brazil insurer for $285 million
), Spain's biggest bank, bought out Tokio Marine Holdings' () stake in a jointly owned Brazilian insurance group for 678 million reais ($284.9 million), aiming to strengthen its position in Brazil. ...[more]
Dow, Rohm merger to go through

The companies said Rohm & Haas shareholders will receive just less than $79 a share -- $78 per share, plus a ticking fee agreed upon in the original deal.

But Rohm's two largest s ...[more]

Dow CEO sees no need for fire sale

"We've designed a structure where we can control our own destiny, rather than be forced to fire-sale. And this new structure gives us the flexibility that we didn't have before," Liveris said ...[more]

Crisis may trigger new round of SE Asia bank M&A

Unlike the last flurry of M&A activity in 2006-08 at the peak of the bull market, buyers are expected to call the shots now as deal valuations are likely to be significantly lower.

< ...[more]
FACTBOX: Major Southeast Asian bank M&A

Following is a list of major bank deals in Southeast Asia between 2006 and 2008:

OCTOBER 2008 - HSBC () agreed to buy an 89 percent stake in Indonesia's Bank Ekonomi Raharja Tbk PT fo ...[more]

China says is reviewing Coke-Huiyuan deal
) $2.5 billion bid to acquire China Huiyuan Juice Group () under the anti-monopoly law, Commerce Minister Chen Deming said on Tuesday.

Coca-Cola said in December it had filed an app ...[more]

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