Chrysler hearing delayed on GMAC 'issues' -lawyers

"(We are) advised that GMAC has some issues, we actually are working with GMAC on those issues," said Martin Bienenstock of Dewey & LeBoeuf, which is representing Chrysler Financial.

...[more]
UPDATE 1-Systemax wins Circuit City e-commerce business

NEW YORK, May 12 (Reuters) - Consumer electronics seller Systemax Inc () has won a bankruptcy auction for the e-commerce business and intellectual property of Circuit City Stores Inc (), acc ...[more]

Unions to seek common position on Fiat, Opel

* Italian unions less opposed to merger than German peers

* Italian unions fear no deal could be worse

By Francesca Piscioneri

ROME, May 12 (Reuters) - ...[more]

UPDATE 2-George Weston profit boosted by bakery sale gain

* Revenue up 2.7 percent at C$7.02 billion

* Results include C$921 million gain from U.S. bakery sale

* Shares up 3.5 percent (Adds background, analyst comments, stock act ...[more]

UPDATE 2-Deals of the day - mergers and acquisitions
) should integrate its majority shareholder Porsche SE () in any future merger, the chairman of VW, Europe's biggest carmaker, said in remarks embargoed for Tuesday. [nFAB013105]

* ...[more]

Gulf private equity faces family company challenge

The Gulf Arab region has been a hunting ground for private equity firms raising oil money from rich individuals and institutions to finance deals elsewhere.

But private equity firms ...[more]

UPDATE 1-Angle Energy to buy assets in its Ferrier property

* Transaction expected to close in early June

May 12 (Reuters) - Angle Energy Inc () said it agreed to buy certain assets within its Ferrier core area in western central Alberta for ...[more]

UPDATE 2-Icahn says Biogen should weigh splitting in two

* Icahn in 2nd proxy fight at Biogen

* Shares edge lower (Adds Biogen comments)

NEW YORK, May 12 (Reuters) - Billionaire investor Carl Icahn wants the board of Biogen Idec ...[more]

COLUMN-BA/Iberia must fast-track reality flight: Alexander Smith

By Alexander Smith

LONDON, May 12 (Reuters) - Anglo-Spanish dealmaking has a chequered recent history -- look no further than Ferrovial's FER.MC disastrous takeover of ai ...[more]

RPT-Canada venture capital investment hits 6-year low

TORONTO, May 12 (Reuters) - Activity in Canada's venture capital market fell to a six-year low in the first quarter of 2009 as the weak economy depressed the appetites of potential investors ...[more]

Fiat will remain rooted in Italy-chairman
) chairman said on Tuesday the car maker would remain firmly rooted in Italy, in an apparent move to soothe union concerns over a possible merger with Opel of General Motors Corp GM.N.

...[more]
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