UPDATE 2-TD Bank to chip in C$3.8 bln for BCE takeover

(Reuters) - VANCOUVER, British Columbia, July 17 -
Toronto-Dominion Bank will put up C$3.8 billion , including C$500 million of equity, to finance the
buyout of BCE Inc. , Canada's biggest telecoms company,
the bank said on Tuesday.




TD said it has underwritten C$3.3 billion of a
C$34.3-billion credit facility and also provided a C$500
million equity bridge facility to the buyout consortium, which
is led by the Ontario Teachers' Pension Plan Board.


Read more at Reuters.com Bonds News

US STOCKS-Indexes rise on telecoms takeovers

(Reuters) - NEW YORK, July 2 - U.S. stocks rose on Monday,
boosted by takeover news in the telecommunications sector.




Canada's largest telephone company, BCE Inc
, agreed to a US$32.8 billion buyout, excluding debt,
from a group that includes the Ontario Teachers Pension Plan on
Saturday, in the biggest buyout in Canadian corporate history.
For details, see [ID:nN02315411].


Read more at Reuters.com Bonds News

US STOCKS-Futures up on telecoms takeovers, data eyed

(Reuters) - NEW YORK, July 2 - U.S. stock index futures rose
on Monday, boosted by takeover news in the telecommunications
sector and before a report on manufacturing activity that could
give clues on the outlook for profits.




Canada's largest telephone company, BCE Inc
, agreed to a US$32.8 billion buyout, excluding debt,
from a group that includes the Ontario Teachers Pension Plan on
Saturday, in the biggest buyout in Canadian corporate history.
For details, see [ID:nN02315411].


Read more at Reuters.com Bonds News

UPDATE 1-Path for generic biologics clears US Senate panel

(Reuters) - WASHINGTON, June 27 - A U.S. Senate panel voted
on Wednesday to set a path for generic drugmakers to seek
approval of cheaper, copycat versions of expensive
biotechnology medicines.




Brand-name manufacturers would receive 12 years of
exclusive marketing time before generic competition could start
under a bill that cleared the Senate Health, Education, Labor
and Pensions Committee by a voice vote.


Read more at Reuters.com Government Filings News