Futures on Asian stock indexes climbed after global equities rebounded from the biggest slump in a month and the Standard & Poor’s 500 Index returned to a record. The yen held declines while gold and Treasuries fell as easing concerns over Ukraine sank haven assets.
Numericable SA’s proposed merger with SFR, the French phone carrier owned by Vivendi SA, would probably avoid a lengthy antitrust challenge because of little overlap in businesses, people familiar with the matter said.
Global stocks rebounded from the biggest drop in a month and the ruble rallied as Russia said there was no immediate need to invade eastern Ukraine. Bonds retreated with gold as oil slipped the most in two months.
Vladimir Putin said he sees no immediate need to invade eastern Ukraine as the Obama administration prepares $1 billion in loan guarantees for the cash-strapped nation and threatens sanctions against Russia.
Numericable SA and its shareholder Altice SA have got nine banks to arrange more than 8 billion euros ($11 billion) of debt to fund a proposed bid for Vivendi SA’s telecommunications unit SFR, according to two people familiar with the matter.
Arsenal Chief Executive Officer Ivan Gazidis said he opposes an immediate European ban on investors acquiring player-transfer rights from teams because it would leave some clubs struggling financially.