Close Brothers
Shares in Close Brothers plunge as it says takeover talks are over.
Centro Properties Group Ltd.
Restructuring mall owner Centro Properties slashes $1 billion from the value of U.S. assets and loses more than a fifth of its market value.
Soccer spat
Foreign interest in U.K. soccer comes to the fore Friday. Championship team Sheffield Wednesday disclosed a Russian takeover approach as a spat apparently rages on between Liverpool owners Tom Hicks and George Gillett over whether Gillett can sell his stake in the Premiership club to a Dubai investor.
Renault SA-Avtovaz OAO
Renault buys 25% stake in Russia's biggest auto producer, Avtovaz, in a deal worth $1.2 billion, according to reports from the Russian press.
GCap Media plc-Global Radio Group Ltd.
The radio broadcaster rejects a sweetened $660 million offer from Charles Allen's Global Radio.
Japan Airlines Corp.
And in Japan, Asia's most debt-ridden carrier Japan Airlines will raise $1.4 billion by selling preferred shares to institutions including UBS AG, Mizuho Corporate Bank Ltd. and Bank of Tokyo-Mitsubishi UFJ.
- The editors
See TheDeal.com story on Centro
See earlier Renault-Autovaz story on TheDeal.com
See TheDeal.com story on GCap-Global Radio