Talks founder on merger of Neptune Orient and TUI

Article Abstract:

Negotiations between Singapore's shipping firm Neptune Orient Lines Ltd. and Germany's TUI AG regarding a potential merger have reached an impasse, as reports indicate there are disputes regarding leadership of the new company and that TUI shareholders oppose the deal. Potential scenarios include a share swap making Neptune a segment of a TUI unit, with Neptune's parent company, Temasek Holdings Private Ltd., taking a stake in TUI.

Water Transportation, Water Transportation Services, Support Activities for Water Transportation, Germany, Singapore, Shipping industry, Neptune Orient Lines Ltd., TUI AG, NPTTY

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EchoStar is offering to acquire Loral Space for $1.45 billion

Article Abstract:

Loral Space and Communications Ltd. has received an acquisition offer from EchoStar Communications Corp. The offer stands at $1.45 billion (1.3 billion euros).

United States, Loral Space and Communications Ltd., EchoStar Communications Corp., Satellite communications services industry, Satellite television industry

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Erste Bank wins bid to acquire Postabank in Hungary's auction

Article Abstract:

Erste Bank AG has won a bid to purchase Postabank Rt. in Hungary. Erste offered to acquired Postabank for 101.3 billion forints (400.6 million euros).

Austria, Hungary, Banking industry, Erste Bank der Oesterreichischen Sparkassen AG, Postabank es Takarekpenztar Rt

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