Comcast's NBCUniversal re-ups for four Olympics, India turns to Boeing for military cargo carriers, and more
1. NBCUniversal will pay $4.4 billion to keep the U.S. television rights to broadcast the Olympic Games. The Comcast (CMCSA)-owned company outbid Disney's ESPN and News Corp.'s (NWS) Fox for the four games from 2014 to 2020.
2. India approved buying 10 Boeing (BA) C-17 military cargo aircraft for $4.1 billion, its largest-ever defense deal with the U.S.
3. Corrugated packaging maker Temple-Inland (TIN) rejected a $3.3 billion hostile bid by International Paper (IP). The company says it will offer shareholders discounted stock to block the offer.
4. Norway's Statoil (STO) is selling a 24 percent stake in its Gassled gas pipeline network for $3.3 billion. The buyer is a holding company owned in part by Allianz and the Canada Pension Plan.
5. Vanguard Health Systems, the hospital operator controlled by Blackstone Group (BX), plans to raise as much as $661 million in an initial public offering.
6. Italian ski-wear maker Moncler canceled its IPO, instead selling a 45 percent stake to the Paris-based investment firm Eurazeo for $611 million.
7. As part of an effort to meet the terms of its European Union bailout, the Greek government is selling a 10 percent stake in Hellenic Telecommunications Organization (OTE) to Deutsche Telekom (DT) for $584 million.
8. A South Carolina judge ruled that Johnson & Johnson (JNJ) must pay $327 million for deceptively marketing the antipsychotic drug Risperdal.
9. Joining a parade of tech IPOs, Bankrate, the online provider of interest-rate information, plans to raise as much as $320 million in a public offering.
10. Two bottles of the world's oldest Champagne, a Veuve Clicquot and a Juglar discovered last year after 170 years at the bottom of the ocean, sold at auction in Finland for $78,400.