Allianz in talks to buy Pimco

Article Abstract:

Pimco Advisors Holding LP is studying the possibility of selling part or all of itself to Allianz AG. Such a deal could have a value of $5 billion (4.89 billion euros). Pimco is a bond fund-management company based in the US. The company has been attempting to exploit the boom in mutual funds. Pimco is the third-largest publicly traded investment-management firm in the US. The company has been engaged in preliminary negotiations with Allianz.

Comment:

Pimco studying possibility of selling part or all of itself to Allianz

Foreign operations, Germany, Insurance, Insurance Carriers and Related Activities, Investment Advisory Services, Investment Advice, Financial services industry, Financial services, Insurance industry, Abstract, Investment advisers, Allianz Aktiengesellschaft Holding, PIMCO Advisors Holdings L.P.

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GE of U.S. makes overture to buy diagnostics firm

Article Abstract:

General Electric Co. (GE) has expressed its interest in acquiring Amersham PLC. GE's overtures to Amersham are expected to lead to competing offers for the pharmaceutical firm.

Electrical equipment and supplies industry, Electric equipment industry, Pharmaceutical industry, General Electric Co., GE, Company business planning, General Electric Co. GE Healthcare

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Tesco still has cold feet on a Marks and Spencer deal

Article Abstract:

The potential alliance between Boeing Co. and British Aerospace PLC over military programs is discussed.

Alliances, partnerships, Aircraft & Parts, Aerospace Product and Parts Manufacturing, Statistical Data Included, Contracts, Aircraft industry, Boeing Co., BAE Systems (Farnborough, United Kingdom)

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