MILAN (Reuters) - Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as the biggest investor in its German peer with a nearly 21% stake, subject to supervisory approval. At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in Germany's second-biggest publicly-listed...

Sept 27 (Reuters) - Learning Technologies Group on Friday confirmed that the U.S. private equity investor General Atlantic has approached it with a possible cash offer to acquire the corporate education group. Learning Technologies said it was minded to recommend the proposed offer of 100 pence per LTG share and has provided access to confirmatory due diligence to General Atlantic....

Investors with a lot of money to spend have taken a bearish stance on Cassava Sciences ( SAVA ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...

Sept 27 (Reuters) - Smithfield Foods has reduced its hog production by about 20% by cutting farm operations in multiple U.S. states, the world's largest pork processor said on Friday. The company did not immediately respond to a Reuters request for comment on over what period of time the production had fallen 20%. Earlier this year, the Virginia-based firm announced...