How long will it take the U.S. government to disentangle itself from the financial services sector? More than 16 years, according to a new Piper Jaffray paper. “The more likely answer may be...

True to form, GM's negotiator on the sale of Opel has poured cold water on expectations of a slam-dunk deal for Canadian car parts group Magna and its Russian backers. John Smith (no relation,...

Thomson Reuters data for July show the so-called “mid-market”, of deals below $500 million, has come off slightly compared to the month before, and steeply compared to the same month a year...

Pfizer, the world’s largest pharmaceuticals company, is lining up Turkey’s largest drugs company, Abdi Ibrahim, for a deal, according to an M&A banking...

Welcome to our live coverage of the Bernie Madoff sentencing. Reuters journalists are outside and inside the Manhattan court where the admitted thief will hear his punishment for running Wall Street’s biggest and most brazen investment scheme....

MGM has sent out confidentiality agreements to 20 parties, as the venerable Hollywood studio test the market for a possible sale. But bankers don’t think there will be more than a handful of interested parties who actually put in bids. The most serious...

Bookseller Borders UK has stopped taking online orders and is on the brink of falling into administration if a buyer for the business is not found, the FT reports. For the latest deals news from Reuters, click here. And here’s the top stories from...

There’s a big war brewing over single-serve coffee brand Diedrich Coffee Inc.    Green Mountain Coffee Roasters Inc on Tuesday raised its bid for Diedrich to $265 million, or $32 a share in cash, to challenge a sweetened offer from Peet’s Coffee &...

British publisher Informa is in talks to buy its German rival Springer Science and Business Media from private equity firms Candover and Cinven, the FT says. Informa initiated talks with Springer three weeks ago and is considering an all cash bid,...

Ranked by Forbes as India’s richest man with a net worth of $32 billion, Mukesh Ambani is no stranger to taking risks. The move by conglomerate Reliance Industries, controlled by Ambani, to bid for bankrupt LyondellBasell is a calculated one. Markets...