China witnessed its first domestic bond default Friday when solar equipment maker Shanghai Chaori Solar Energy Science & Technology failed to make a full payment on an 89.8 million renminbi ($15 million) coupon.
Offer valued at $19.3 billion will compete with Bouygues Telecom bid and potential proposal from Iliad.
Carlyle Group has prevailed in an auction with an agreement to pay $1.93 billion for the South Korean security operations of Tyco International.
Shares in French cable company Numericable Group climbed sharply on Monday following a report that controlling shareholder Altice has struck a tentative deal to buy a 50% stake in Vivendi's Societe Francaise de Radiotelephone, or SFR, that would value the mobile and Internet services provider at more than $21 billion.
Royal Dutch Shell's $15 billion asset sale continued apace Friday as the company notched its fourth sale in under two months -- and its second in as many days -- with the A$2.9 billion ($2.6 billion) disposal of its Australian downstream business.
Dongfeng, the French government and the founding family will each own 14% of the carmaker after a $4.1 billion share sale
Royal Dutch Shell is preparing the sale of stakes in three North Sea oil rigs, signaling a retreat from more mature assets in the region as part of a $15 billion disposal program announced at the end of January.
The Swiss foodmaker calls its remaining 23% stake strategic.
Noble Energy, of Houston, anticipates a payment of more than $1 billion following the deal for the offshore Leviathan field.
France's Alcatel-Lucent said Thursday it has received a binding offer from China Huaxin for 85% of its Alcatel-Lucent Enterprise unit. The offer values the maker of phone systems and other business equipment at 268 million euros ($362 million) including debt.