Babcock in $1.8 billion VT bid, eclipses Mouchel move

LONDON (Reuters) – Babcock International has made a 1.14 billion pound ($1.79 billion) approach to buy defense services firm VT Group , potentially scuppering VT’s own bid for infrastructure services firm Mouchel .

A400M buyers set to make proposal on Airbus

BERLIN (Reuters) – Buyer nations for the Airbus A400M will deliver a joint proposal on funding for the military transport plane on Monday, aiming to reach a solution on its future as soon as possible, Germany’s defense ministry said.

Marines face fierce resistance in Afghan assault

MARJAH, Afghanistan (Reuters) – U.S. Marines leading one of NATO’s biggest offensives against the Taliban in the eight-year war are facing fierce resistance in some areas, including heavy gunfire, snipers and booby traps, U.S. officials said on Monday.

Yara buys Terra for $4.1 billion, bets on U.S. recovery

OSLO (Reuters) – Norway’s Yara agreed to buy Terra Industries for $4.1 billion to create the world’s biggest mineral fertilizer producer and boost its U.S. presence, as rivals look to join forces to gain size and reach.