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Latest fromMergers & Acquisitions

Nasdaq chief furious over NYSE bid rejection
Nasdaq has appealed to shareholders in NYSE Euronext, pressing the case for its $US11.3b takeover offer, after the NYSE board summarily rejected the bid and said it would stick to a lower-priced deal to merge with Germany's Deutsche Brse.

OIO approves Colorado owner to buy Tegel in $600m leveraged buyout
Affinity Equity Partners, the private equity firm that owned the now in-receivership retailer Colorado Group, has been given clearance to buy Tegel Foods.

Guardian Trust $42m sale goes through
Australia's The Trust Company Ltd has completed its $42 million acquisition of The New Zealand Guardian Trust Co from Brisbane-based life insurer, Suncorp-Metway.

Mainfreight breaks into Europe with $227m acquisition
Mainfreight is hitting up its bankers for as much as $227m to buy Netherlands-based company Wim Bosman.