News Headlines - 06 February 2013
▽Dell to go private in landmark $24.4 billion deal | Reuters
Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and Microsoft Corp to try to turn around the struggling computer company without Wall Street scrutiny.
John Malone's international cable business Liberty Global Inc. has agreed to acquire U.K. cable-television and Internet provider Virgin Media Inc. for $16 billion, in a deal that may create a stronger rival to market leader British Sky Broadcasting Group PLC.
▽New Gulf claims may add $50bn to BP bill - The Independent
The scale of BP's potential legal bill for the Gulf of Mexico oil spill has soared after the company disclosed $34bn (￡22bn) of new claims by four southern US states.
Five hospital trusts are tonight facing a root and branch review into their standards of care amid fears that poor nursing and basic clinical failings could be leading to the unnecessary deaths of patients.
The announcement brought renewed pressure on the European Union from the U.S., Israel and Canada to designate the group a terrorist organization and to crack down on its fundraising operations across Europe. The EU, which regards Hezbollah as a legitimate political organization, has resisted such a move.
