Mergers and Acquisitions

The independent directors of pay-TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox.

Comcast offers 15% more than Fox for the pay-tv company Sky.

Sinclair Broadcast Group will sell nine TV stations to Standard Media Group for $441.7 million as part of its plan to meet regulatory approval for its pending $3.9 billion acquisition of Tribune Media.

Whirlpool is selling the compressor business for a little over $1 billion in cash.

Eddie Lampert's hedge fund, Sears' biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and the chain's home improvement business.

Amazon, Walmart have been in an intense competition to buy India’s largest e-commerce company

Germany's Fresenius and U.S.-based pharmaceutical manufacturer Akorn Inc. are at odds over the German company's decision to terminate a more than $4.3 billion takeover agreement, citing alleged breaches of data integrity requirements.

Greece has beaten its bailout budget targets for a third successive year and eased its massive debt burden by a fraction as the country prepares to exit its international rescue program in four months.

Takeda shares fall after Shire rejects $63 billion offer.

The Kremlin says a temporary nationalization of aluminum producer Rusal is being discussed after the company was hit by United States sanctions.

The Chinese government says Qualcomm Inc.'s plan for its $44 billion acquisition of NXP Semiconductors "has difficulty" resolving concerns of anti-monopoly regulators.

P&G adds consumer health products from Germany's Merck for $4,21 billion.

A Jakarta court has ruled against the Indonesian police's seizure of a luxury yacht wanted as part of a U.S. probe into alleged multibillion-dollar theft and laundering of funds from a Malaysian state investment company.

Owners of the newly-privatized port of Thessaloniki, in Greece's second-largest city, say they will need to spend an additional 27 million euros ($33.4 million) on unforeseen equipment repairs and upgrades, arguing that facilities were in far worse condition than described by the previous, state-appointed management.

Stocks that moved substantially or traded heavily Monday: Eldorado Resorts Inc., up $5.80 to $41.50

The owner of the Chicago Tribune is said to be in talks with multiple companies.

Carl Icahn's company has struck an approximately $1.85 billion deal that would fuse the gaming and hotel operations of Tropicana Entertainment to Eldorado Resorts Inc.

Shire said on Monday it would consider returning proceeds from the sale to shareholders through a buyback and that further selective disposals of non-strategic assets were possible.