| | AMSTERDAM (Reuters) - United Parcel Service said it was in constructive talks to buy Dutch rival TNT Express and reiterated its intention to make an offer, having last month proposed a 9 euros per share deal worth 4.9 billion euros ($6.4 billion). | |  | | | (Reuters) - Cisco Systems made its first major acquisition in over two years with a deal to buy NDS, which develops pay TV software, for $5 billion, aiming to boost its presence in the video communications market. | | | | | | PARIS (Reuters) - Credit Agricole has sold what remains of its structured credit market-making business to U.S. hedge fund BlueMountain in a deal that will cut the French bank's risk weighted assets by 14 billion euros, the Financial Times reported. | | | | | | PARIS (Reuters) - French drugmaker Sanofi has agreed to buy U.S. medical device company Pluromed to expand its presence in biosurgery, it said in a statement on Friday. | | | | | | BEIJING (Reuters) - China Cinda Asset Management Corp said on Friday it raised 10.4 billion yuan ($1.6 billion) from four strategic investors to strengthen its business as it prepares for a future share offering on domestic and foreign stock markets. | | | | | | TOKYO (Reuters) - Japan's Inpex Corp said on Friday it is buying a 17.5 percent stake in the Prelude floating liquefied natural gas (LNG) project in Australia from Royal Dutch Shell Plc in a cash deal, aiming to utilize the experience at its Abadi floating LNG project in Indonesia. | | | | | | PARIS (Reuters) - French transport and power engineering company Alstom SA played down speculation that it has plans to buy wind turbine makers, saying it would not pursue risky deals. | | | | | | (Reuters) - Generics drug maker Mylan has pulled out of talks to buy a stake in Italian pharmaceuticals firm Rottapharm, two people familiar with the situation said, posing another setback to the arduous sales process that has been dragging on since the middle of last year. | | | | | HONG KONG (Reuters) - Thailand's Thanachart Bank Pcl, backed by Canada's Bank of Nova Scotia , is preparing to sell its insurance operations in a deal could fetch about $500 million, sources familiar with the matter said on Friday. | | | | | | WINNIPEG, Manitoba/LONDON (Reuters) - Canada's largest grain handler, Viterra , said on Thursday it has opened its books to potential buyers, setting the stage for a possible bidding war and sending its shares 10 percent higher. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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