Mergers and acquisitions

Chrysler is under pressure to sell off assets after its $4 billion bailout loan from the U.S. government. The automaker is said to be in talks with Renault-Nissan, which Renault-Nissan denies. Stephen Beard reports.

On the heels of its brokerage merger announcement, Citigroup is also expected to sell off several financial services to counter a potential $10 billion loss. Jeremy Hobson reports what the bank might be shedding.

Citigroup is expected to announce a deal to merge its brokerage house, Smith Barney, with Morgan Stanley. Inside sources say a deal is likely by the middle of the week. Jeremy Hobson reports.

The credit markets may be stiff, but there's always money somewhere for mergers. And though they may not be the high-priced ventures of 2008, companies can still benefit from deals in the new year. Jill Barshay reports.

Investors looking for opportunity in a distressed market can find it in cheap company debt. But buyer beware: Something put that company into trouble to begin with, and it's wise to understand what. Mitchell Hartman reports.

The credit crisis foiled about 1,300 mergers this year, worth a total of about $900 billion. Investment bankers were hurt by the failed deals, but Stephen Beard reports this could help them get a strong leg up for 2009.

Today a major nuclear energy deal could be cut involving Constellation Energy and France's EDF. Jeremy Hobson has the details.

About 18 months ago Australian mining giant BHP Billiton decided it was a good time to get bigger. It launched a hostile bid for its smaller British rival Rio Tinto -- a $200 billion deal. But today BHP walked away. Dan Grech reports.

BHP is blaming the global financial crisis and regulatory worries for not going through with its original multibillion-dollar bid for Rio Tinto. Kyle James reports why steelmakers are breathing a sigh of relief.

The mining company BHP Billiton dropped its hostile bid today for rival Rio Tinto -- good news to steel companies opposed to the move. Scott Jagow talks to economist Bob McKee in London on why the merger didn't go through.