Deals Headlines

T-Mobile US explores takeover of Sprint: source

U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.

U.S. senators seek review of potential Russian control of Citgo

Two U.S. senators have urged the Trump administration to clarify if it is reviewing the potential acquisition by Russian oil company Rosneft of Venezuela's state oil company PDVSA and U.S. subsidiary Citgo, saying a shift in Citgo's assets would be a security risk.

Post Holdings to buy Bob Evans Farms for $1.5 billion

Post Holdings Inc , which makes Honey Bunches of Oats and Grape-Nuts cereals, said on Tuesday it would buy Bob Evans Farms Inc for about $1.5 billion, adding vegetable-based side dishes and breakfast sausages to its portfolio.

Germany's Knorr-Bremse ponders IPO: Handelsblatt

German commercial vehicle brake systems company Knorr-Bremse [STELLG.UL] is considering a stock market listing, Handelsblatt newspaper said on Tuesday, after it dropped its near $700 million bid for Swedish rival Haldex .

Exclusive: Brookfield mulls raising bid for Brazil's Renova, sources say

Brookfield Asset Management Inc is considering increasing a takeover offer for Renova Energia SA by 25 percent, in a bid to sway the two largest shareholders in the Brazilian renewable power firm to exit their controlling stakes, two people with direct knowledge of the matter said on Tuesday.