Deals Today

Click to View in Browser 04/2/2012 ValueAct withdrawal clears way for Vista-Misys deal LONDON (Reuters) - Misys' shareholder ValueAct said it would not bid for the banking software group, leaving a $2 billion recommended offer from private equity group Vista as the only bid on the table following a three-way battle for the British company. Yara buys 20 pct stake in Canada's IC Potash Group OSLO (Reuters) - Norwegian fertilizer maker Yara is to pay 40 million Canadian dollars ($40.0 million) for new shares in Canada's IC Potash Group (ICP) , paying a near 50 percent premium for a 19.9 percent stake to secure access to potash supplies. DBS to test Indonesian openness with $7.2 billion takeover SINGAPORE/JAKARTA (Reuters) - Southeast Asia's biggest bank, Singapore-based DBS Group , has agreed to buy Indonesia's Bank Danamon for $7.24 billion in a deal that could stir up nationalist opposition stoked by anxious local rivals. Malaysia's CIMB buys RBS units to expand Asian footprint KUALA LUMPUR (Reuters) - Malaysia's No.2 lender, CIMB Group Holdings Bhd , said on Monday it is paying $140 million for some Asian units of Royal Bank of Scotland Plc (RBS) to expand its footprint throughout Asia. Chalco to buy Ivanhoe's SouthGobi stake in $926 million deal HONG KONG/SYDNEY (Reuters) - Chinese aluminum giant Chalco stepped up its diversification on Monday, agreeing to pay $926 million for a controlling stake in Mongolian coal miner SouthGobi Resources in a deal with mining billionaire Robert Friedland's Ivanhoe Resources. Daimler denies report of Ducati interest MILAN/FRANKFURT (Reuters) - German carmaker Daimler denied a newspaper report on Sunday that it might be interested in vying with Volkswagen's Audi to buy Italian motorcycle firm Ducati. Sino Forest's largest shareholder proposes restructuring plan SINGAPORE (Reuters) - Singapore-based Richard Chandler Corp, the largest shareholder in Sino-Forest Corp, said on Monday that it has proposed a restructuring plan for the embattled Chinese forestry company. Huawei Australia chief eyes bidding on other broadband contracts SYDNEY (Reuters) - Chinese telecom equipment firm Huawei Technologies Co Ltd Australia Chairman John Lord said on Sunday that there are still parts of Australia's $38 billion national broadband network (NBN) the company wants to bid for despite a government ban. Dubai's Drydocks says most lenders agree on $2.2 billion debt deal DUBAI (Reuters) - Dubai's ship building unit Drydocks World has secured the necessary level of support from its syndicated lenders to implement the restructuring of its $2.2 billion debt, the company said in a statement on Saturday. Saudi Electricity signs $1.4 billion loan agreement (Reuters) - Saudi Electricity Co has signed a $1.4 billion loan agreement with international banks to finance the construction of a new power plant, it said in a statement posted in Arabic on the Saudi bourse website on Saturday. Related Video Breakingviews: No sign of BP's promised strategic changes Myanmar sanctions: Suu Kyi holds the key Related News Consumer spending jumps, GDP prospects brighten After grad job slump, big hiring is back at U.S. colleges 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend