SAP AG, the largest maker of business-management software, is finding it hard to please investors as a sales boost from its shift to online programs is being muted by a slowdown for older products and a strong euro.
Banca Monte dei Paschi di Siena SpA has secured commitments from investment banks to underwrite a stock sale of as much as 5 billion euros ($6.9 billion), according to three people with direct knowledge of the plan.
Piramal Enterprises, the Indian company controlled by Indian billionaire Ajay Piramal, agreed to buy a 20 percent stake in financial-services company Shriram Capital Ltd. for 20.14 billion rupees ($334 million).
The prospective bankruptcy filing of Energy Future Holdings Corp., taken private in the biggest leveraged buyout in history, is poised to put the most profitable unit of the power producer up for grabs.
Barely 26 years old, Zhang Xi has studied at an elite American university, worked for an investment bank in Hong Kong and an oil company in Beijing and now may launch an Internet startup with two friends.