Thursday, July 12, 2007

MERGERS/DEALS

(Reuters) - ** A bidding war between two U.S. banks for an Italian real
estate fund intensified when Merrill Lynch raised its
offer price. Merrill Lynch said it would offer 770 euros per
share rather than 760 euros for 95 percent of the Berenice
fund, a day after rival Goldman Sachs upped its bid by 5
percent to 762 euros. [nL12227646]




** Lifetime Brands Inc. , a supplier of home
consumer products, said it intends to acquire certain sterling
silver and silver ornament businesses from Lenox Group Inc.
to expand its portfolio. [nWNAS5807]


Read more at Reuters.com Bonds News

No comments: