- Canadian energy company Emera Inc will acquire U.S. electric and gas utility holding company Teco Energy Inc for $6.44 billion to expand in the United States.
- Medical cost containment services company One Call Care Management is preparing to bid close to $2 billion for peer Helios, people familiar with the matter said, in what would be one of the workers' compensation sector's biggest mergers.
TORONTO - Canada's BlackBerry Ltd said on Friday it will buy rival mobile software provider Good Technology Corp for $425 million, to boost its ability to help corporate clients manage smartphones running on different operating systems.
LONDON - UK-listed Bwin.party ditched an agreed deal with 888 on Friday in favor of a higher 1.1 billion-pound ($1.7 billion) offer from GVC Holdings , creating a sports betting heavyweight in a sector being reshaped by consolidation.
- Japanese banks are among bidders for General Electric Co's local commercial lending and leasing operation, sources told Reuters on Friday.
FRANKFURT - Bayer's plastics maker Covestro aims to raise about 2.5 billion euros ($2.8 billion) with an initial public offering in the fourth quarter, sources said, leaving its parent to focus on drugs and pesticides.
MUMBAI - Indian drugmaker Cipla Ltd is set to buy two U.S. generics businesses in cash deals worth $550 million, it said on Friday, following rivals with a push to enhance its presence in the world's largest generics market.
SINGAPORE/KUALA LUMPUR - Malaysian lender CIMB Group Holdings has invited bids from insurers for an agreement to distribute their general insurance products in four Southeast Asian markets, a deal that could fetch it about $400 million, people with direct knowledge of the matter said.
- Snack food company B&G; Foods Inc said it would buy General Mills Inc's Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market.