Reuters Business News: Citi lines up credit line for Nikko bid - MSN Money
Citigroup confirmed that it had secured financing but declined to say how much. People involved said the credit line amounted to 1.4 trillion yen with an option for an additional 300 billion yen a total roughly equal to the maximum cost of Citigroup’s bid for Nikko.

April 6, 2007 @ 9:01 AM · Filed under Uncategorized
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Reuters Business News: Firm denies role in pet food scare - MSN Money
The U.S. Food and Drug Administration (FDA) said wheat gluten from China’s Xuzhou Anying Biologic Technology Development Company Ltd. contained an industrial chemical called melamine which was suspected of causing the deaths of 16 cats and dogs.

April 6, 2007 @ 9:01 AM · Filed under Uncategorized
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Reuters Business News: Sainsbury family reportedly rejects bid - MSN Money
The papers said the family’s biggest shareholder David Sainsbury would not consider a bid of less than 600 pence a share for J Sainsbury Britain’s third-biggest supermarket group. The Times said a private equity consortium of CVC Capital Texas Pacific and Blackstone had put forward a bid of between 550 pence and 555 pence a share.

April 6, 2007 @ 9:01 AM · Filed under Uncategorized
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