Dutch Antitrust Regulator Seeks to Assess Liberty/Ziggo Deal

+------------------------------------------------------------------------------+

Dutch Antitrust Regulator Seeks to Assess Liberty/Ziggo Deal 2014-03-25 17:16:42.869 GMT

By Elco van Groningen March 25 (Bloomberg) -- Authority for Consumers and Markets (ACM) says merger should be assessed in Netherlands, filed request for referral at European Commission today. * ACM says it knows Dutch market best * Says merger is a matter of national concern, as the cables run through Dutch territory, and connected customers are solely Dutch households * Says merger request was initially filed with EC because of level of rev. at Liberty Global and Ziggo * Explains EC has until early May to decide which authority assesses merger Link to Statement (in English)

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>

To contact the reporter on this story: Elco van Groningen in Amsterdam at +31-20-589-8517 or vangroningen@bloomberg.net To contact the editor responsible for this story: Simon Thiel at +44-20-7673-2814 or sthiel1@bloomberg.net

(BFW) *UK TO SELL ABOUT 7.5% OF LLOYDS BANKING GROUP

+------------------------------------------------------------------------------+

BN 03/25 16:36 *UK: PLACING IS EXPECTED TO COMPRISE ABOUT 5.35B OF LLOYDS SHRS BN 03/25 16:36 *UK TO SELL ABOUT 7.5% OF LLOYDS BANKING GROUP BN 03/25 16:36 *UK FINL INV LD INTENTION TO DISPOSE 7.5% LLOYDS BANKING GROUP BN 03/25 16:36 *UK FINL INV LD INTENTION TO DISPOSE C. 7.5% LLOYDS BANKING

+------------------------------------------------------------------------------+

*UK TO SELL ABOUT 7.5% OF LLOYDS BANKING GROUP 2014-03-25 16:36:51.109 GMT

See {NSN N303G43HBS3K <GO>} for the RNS Newswire press release.

See {LLOY LN Equity CN <GO>} for company news.

-0- Mar/25/2014 16:36 GMT

>>> M&A in 2014...appear to be a poor year for now, look at this other chart

Following this bbg I just want to add this quick chart where I just added the performance of S&P with M&A Activity, there is a kind of correlation...I think it will also a good data to follow
See the chart atatched
----- Original Message -----
From: LAURENT CHEKROUN ()
At: Mar 25 2014 15:01:22

It looks like we are touching lowest levels of 2008 in terms of M&A Deal announced, I am not sure if it gives us some indications on what corporates are thinking of that valutations but it looks like to me that the only buyers in this markets are investors chasing for yield....

I don't think this move is over but I really think that this just add anothe data showing us that valuation start to look a bit stretched...


See chart attached

(BN) *OBAMA SAYS ADDITIONAL SANCTIONS MIGHT AFFECT GLOBAL ECONOMY

Means no more no ???

+------------------------------------------------------------------------------+

BN 03/25 15:23 *OBAMA SAYS CONGRESS SHOULD QUICKLY PASS NSA LEGISLATION BFW 03/25 15:23 *OBAMA: RUSSIA FACES ENERGY, FINANCE SANCTIONS FOR MORE ACTIONS BN 03/25 15:22 *OBAMA SAYS HE NOW HAS `WORKABLE' OPTION ON NSA, BULK DATA BN 03/25 15:21 *OBAMA SAYS HE'S ENCOURAGED BY ALLIES' HELP ON RUSSIA SANCTIONS BN 03/25 15:21 *OBAMA SAYS FOCUS SHOULD BE ON UKRAINE ECONOMY, ELECTIONS BFW 03/25 15:21 *OBAMA: RUSSIA MAY FACE ARMS SANCTIONS IF IT ENCROACHES FURTHER BN 03/25 15:20 *OBAMA REITERATES PREFERENCE FOR RUSSIA/URKAINE IS DIPLOMACY BN 03/25 15:20 *OBAMA: RUSSIA MAY FACE ARMS SANCTIONS IF IT ENCROACHES FURTHER BN 03/25 15:20 *OBAMA: RUSSIA FACES ENERGY, FINANCE SANCTIONS FOR MORE ACTIONS BN 03/25 15:18 *OBAMA SAYS RUSSIA WOULD BE HURT MOST IF NEW SANCTIONS IMPOSED BN 03/25 15:16 *OBAMA REITERATES THREAT OF FURTHER SANCTIONS IF RUSSIA ACTS BFW 03/25 15:16 *OBAMA SAYS U.S. WORRIED ABOUT FURTHER RUSSIAN ENCROACHMENT BN 03/25 15:16 *OBAMA SAYS U.S. WORRIED ABOUT FURTHER RUSSIAN ENCROACHMENT BN 03/25 15:15 *OBAMA SAYS `SLOPPILY ORGANIZED' CRIMEA REFERENDUM NOT JUSTIFIED BN 03/25 15:11 *OBAMA SAYS `WE CANNOT BE COMPLACENT' ABOUT NUCLEAR THREATS BN 03/25 15:07 *OBAMA SAYS HE SIGNED EMERGENCY DECLARATION FOR MUDSLIDE BN 03/25 15:07 *OBAMA SAYS HE SPOKE TO INSLEE ABOUT WASHINGTON MUDSLIDE BN 03/25 15:00 *OBAMA HOLDS PRESS CONFERENCE WITH RUTTE IN THE HAGUE

+------------------------------------------------------------------------------+

*OBAMA SAYS ADDITIONAL SANCTIONS MIGHT AFFECT GLOBAL ECONOMY 2014-03-25 15:17:55.626 GMT

--KRISTIN JENSEN

-0- Mar/25/2014 15:17 GMT

(BFW) SAC’s Cohen May Settle Civil Case With SEC: CNBC Link


SAC’s Cohen May Settle Civil Case With SEC: CNBC Link
2014-03-25 15:08:10.809 GMT


By Karen Goldfarb
     March 25 (Bloomberg) -- {NSN N2ZZ1HBE5TS3 <go>}

Link to Company News:{615068Z US <Equity> CN <GO>}

For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}

To contact the editor responsible for this story:
Karen Goldfarb at +1-212-617-5732 or
kgoldfarb1@bloomberg.net

(BFW) Sainsbury Shares May Get Boost From Qatar Interest, Shore Says

+------------------------------------------------------------------------------+

Sainsbury Shares May Get Boost From Qatar Interest, Shore Says 2014-03-25 14:33:25.127 GMT

By Heather Burke March 25 (Bloomberg) -- Sainsbury shrs could get support from possible increased interest by Qatar Investment Authority, Shore says, reiterates hold. * Shrs significantly down in past few wks on disappointing 4Q sales, investor concerns on industry margins after Morrison announced GBP1b of price investment in next 3 yrs * Is favorite of 3 big traded U.K. grocers; has attractive property, stores in top locations in south & east of U.K., attractive div. yield (est. 5.6% in FY15 with 1.9x cover by EPS) * QIA has ~26% stake vs Sainsbury family ~14%; if QIA were to look at a strategic investment would have to buy ~60% of shrs costing GBP3.69b at current price * May benefit from being private under QIA and family, let mgmt be more strategic, flexible; may be good time for ownership change as CEO Justin King leaves * QIA would have to pay ~GBP4.31b for 60% of shrs if offered 20% premium (372p) to current 310p stock price, assuming family kept stale; could probably absorb GBP2.56b of debt * Doesn’t “know or suspect any such thoughts are underway” * NOTE: Sainsbury shrs down 15% YTD before today vs Tesco -13%, Morrison -19% * NOTE March 21: Sainsbury May Need to Cut Div., Capex, Goldman Says; PT Cut * NOTE March 18: 4Q LFL sales -3.1%, 1st drop in >9 yrs, said reductions announced by supermarkets amount to “phony war”

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>

To contact the reporter on this story: Heather Burke in London at +44-20-7673-2044 or hburke2@bloomberg.net To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net

>>> Marijuana names mixed following yesterday's medical study highlighting poten

Marijuana names mixed following yesterday's medical study highlighting potential MS patient benefits

Marijuana related names tradnig higher: CANN +12.9%, PHOT +12%, HEMP +9.8% (acquires percentage of Liberated Energy), FSPM +4.2%, ZDPY +2.3%, GRNH +2.5%, MNTR +1.3%... In the red: UTRM -13.9%, CBIS -4.8%, PLPL -4.4%, NVLX -3.3%, AVTC -3.1%, VAPE -3.1%, MJNA -3%, MDBX -1%, NTRR -0.7%
See report :