Agilent to buy Varian for $1.5 billion

NEW YORK (Reuters) – Agilent Technologies Inc has agreed to buy Varian Inc for $1.5 billion cash to bolster its bioanalytical measurement business.

Friends breaks off Resolution talks

LONDON (Reuters) – British life insurer Friends Provident said on Monday it had ended talks with would-be acquirer Resolution after rejecting a fresh takeover approach from the Guernsey-based bid vehicle over the weekend.

Ericsson sees above 10 percent margin for Nortel unit

STOCKHOLM (Reuters) – Telecoms equipment maker Ericsson said on Monday it expected the wireless business set to be acquired from Nortel to produce a double-digit operating margin.

Opel labor demands more say in disposal decision

FRANKFURT (Reuters) – Opel’s labor force demanded a greater say in selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.

Hungary to give Permira arm EUR 100 mln loan -FT

BUDAPEST, July 27 (Reuters) – Hungarian state-owned
development bank MFB will provide a 100 million-euro loan to the
chemicals firm BorsodChem which was acquired by British private
equity fund Permira in 2006, the Financial Times said on Monday.