DealBook

Dana Fights K.N.O.C. Bid and Buys Suncor Assets

Dana Petroleum, the British oil and gas producer, on Wednesday presented its arguments against the $2.9 billion hostile cash bid of Korean National Oil Corp., saying the offer was "inadequate and fails to recognize Dana's existing value and strategic importance."

Ex-Lehman Property Exec Said to Join Apollo

The former co-head of Lehman Brothers' real estate investment arm will run the buyout firm's North American property business, Bloomberg News reported.

Willis Group Hires Ex-A.I.G. Chief Sullivan

Willis Group, the insurance company, said Wednesday that it had named ex-A.I.G. chief executive Martin J. Sullivan to the position of deputy chairman. Mr. Sullivan will head a new business in the company, Willis Global Solutions.

Buyout Shops Said to Plan to Build Irish Bank on EBS

J.C. Flowers & Co. and three other bidders for Ireland's EBS Building Society may buy and merge several lenders to create a new competitor to the country's biggest banks, two people familiar with the situation said.

Greek Bank Announces Plan to Raise $3.5 Billion

National Bank of Greece, the debt-troubled nation's largest lender, said Tuesday that it planned to raise about 2.8 billion euros ($3.5 billion) in capital through selling rights and a stake in its Turkish subsidiary.

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