Ferrovial abandoned a takeover bid for Australia’s Transfield Services, a major setback in the Spanish construction company’s plan to compete for billions of dollars of new infrastructure projects Down Under.
A Delaware court has denied a motion brought by Family Dollar Stores Inc. shareholders to block Tuesday’s vote on the company’s proposed tie-up with Dollar Tree Inc.--a move intended to push the company to negotiate with rival Dollar General Corp.
Rosneft’s planned acquisition of Morgan Stanley’s oil-trading and storage business has collapsed after the companies failed to win regulatory approval, amid tensions between the governments of the U.S. and Russia.
A woman was killed and dozens of others injured in clashes with police over a copper mine in central Myanmar, activists said, just after a state-run Chinese company said it would resume construction at the site.
An FDA rebuke of televised comments made by Aegerion’s CEO—which led the company to air a TV commercial correcting the statements—was prompted by complaints from a government drug reviewer, according to emails viewed by The Wall Street Journal.