Mergers and Acquisitions

GM's Opel sale gets OK from EU

The EU said GM's deal to sell its European division to the parent company of Peugeot doesn't raise antitrust concerns.

Italy to nationalize bank, shed $32.5B in bad loans

Troubled Italian bank Monte dei Paschi di Siena's relaunch plan includes the disposal of 28.6 billion euros ($32.5 billion) in bad loans, key to the European Commission's approved plan for the Italian government to take temporary control of the bank.

Vantiv offers deal for Worldpay valued at $10 billion

Vantiv Inc., a major U.S. credit-card processor, has made an offer valuing U.K. payments group Worldpay Group Inc. at $10 billon, potentially beating out rival bidder J.P. Morgan Chase & Co.  Worldpay said in a statement Wednesday that it had agreed a deal in principle with Vantiv.

Vantiv offers deal for Worldpay valued at $10 billion

Vantiv Inc., a major U.S. credit-card processor, has made an offer valuing U.K. payments group Worldpay Group Inc. at $10 billon, potentially beating out rival bidder J.P. Morgan Chase & Co.  Worldpay said in a statement Wednesday that it had agreed a deal in principle with Vantiv.

Consolidated, FairPoint close billion-dollar merger deal

Illinois-based Consolidated Communications and North Carolina-based FairPoint have closed on a deal that created a telecommunications company operating in 24 states, including Vermont, New Hampshire and Maine.