IBT Staff Reporter

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Maple Group adds four new partners to TMX bid

Four more financial institutions have joined Maple Group Acquisition Corp's plan to mount a hostile bid for the TMX Group and top a friendly offer from the London Stock Exchange Group , the consortium of Canadian banks and pension funds said on Sunday.

Asking too much of U.S. consumers

Talk about getting it from all sides. Economists want Americans to cut down on debt and boost spending all at once, even as home values tumble and gasoline prices soar.

Maple Group adds partners to TMX group bid

A group of Canadian banks and pension funds mounting a hostile bid for the TMX Group said on Sunday they have added more partners to the effort to top a rival offer from the London Stock Exchange Group .

Banks warm to role in Greek bailout

Germany's bank association on Saturday backed government proposals to get private creditors involved in the cost of a second bailout for Greece, although it was not clear if the banks favoured a controversial bond swap. favored Berlin is pushing hard for commercial banks to contribute to the cost of the estimated 120 billion euro ($172 billion) deal, but has not yet convinced the European Cent...

Air France urged to back Airbus in plane order

French parliamentarians have launched a petition calling on Air France-KLM to place a $20-25 billion plane order with Airbus and not Boeing -- but airline officials said they would split the order.

Prada IPO five times subscribed: source

Italian fashion house Prada, which is seeking to raise up to $2.6 billion through a Hong Kong IPO, has generated five times demand for its offer, a source familiar with the matter told Reuters on Sunday.

Prada IPO five time subscribed: source

Italian fashion house Prada, which is seeking to raise up to $2.6 billion through a Hong Kong IPO, has generated five times demand for its offer, a source familiar with the matter told Reuters on Sunday.

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