Dish Network Corp. is lining up four banks to help finance its $25.5 billion takeover offer for Sprint Nextel Corp., reinforcing its effort to outbid SoftBank Corp., people with knowledge of the matter said.
John Grayken, founder of Lone Star Funds, has a record of generating more than 20 percent returns over two decades as the world’s biggest buyer of delinquent mortgages. What he doesn’t have is a designated successor.
Japan’s three biggest banks led by Sumitomo Mitsui Financial Group Inc. forecast earnings will decline this year as monetary easing makes loans less profitable even as borrowing picks up amid an economic recovery.
Japan’s nuclear regulator, set up to replace a predecessor that ignored warnings before the atomic disaster in Fukushima, looks set to deliver a ruling that will permanently shut at least one nuclear plant and maybe more.
Ranbaxy Laboratories Ltd., the Indian drugmaker whose exports to the U.S. were restricted after a fraud investigation, may revive sales to its biggest market after resolving the charges that it sold adulterated medication.