AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as customers consume more video on their mobile devices. The deal, announced on Sunday, highlights AT&T’s pressing need for fresh avenues of growth […]

Deutsche Bank AG (DBK), Germany’s biggest bank, is preparing to raise about 8 billion euros ($11 billion) by selling shares to shore up capital as it gains the Qatari royal family as a shareholder. Deutsche Bank plans to raise about 6.3 billion euros in a fully underwritten rights offer, and […]

Sean Farrell theguardian.com, Monday 19 May 2014 Anglo-Swedish firm’s rejection of ‘undervalued’ £55 per share offer seems to end prospects for the biggest foreign takeover of a UK company   AstraZeneca has rejected Pfizer‘s £69bn takeover approach, saying the bid undervalues the UK company and poses too many risks. AstraZeneca’s […]