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Thursday, May 24, 2012

Deals Today

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05/24/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Shell says considering options on bid target Cove
LONDON (Reuters) - Royal Dutch Shell said it was considering its options regarding Cove Energy , the explorer it is trying to buy, as it extended the deadline for shareholder acceptances in the face of a higher bid from a Thai firm.
Armani has no plans to sell: report
MILAN (Reuters) - Giorgio Armani, the 77-year-old designer is seeing double digit growth in his business and has no plans just yet to let go of the reins of his eponymous fashion house, he was quoted as saying on Thursday.
Duty-free shopping group Global Blue sells for $1.3 billion
LONDON (Reuters) - Silver Lake and Partners Group have agreed to buy Swiss-based tax-free shopping business Global Blue for 1 billion euros ($1.3 billion) from rival Equistone.
Bharti to buy 49 percent in Qualcomm India broadband venture
(Reuters) - Bharti Airtel , India's biggest mobile phone carrier, said on Thursday it had signed a pact to buy a 49 percent stake in Qualcomm Inc's fourth-generation (4G) broadband venture in the country for $165 million.
Japan Tobacco buying European roll-your-own company
TOKYO (Reuters) - Japan Tobacco Inc (JT) , the world's third-largest cigarette maker, said on Thursday it will buy Belgian tobacco product maker Gryson NV for 475 million euros ($597.7 million) to cut its reliance on the domestic market.
Spain's BBVA says may sell Latam pension business
MADRID (Reuters) - Spain's second largest bank, BBVA said on Thursday it is studying strategic alternatives to some of its non-core activities in Latin America, including the total or partial sale of its pension fund businesses.
Deutsche Telekom sees complete sale of U.S. unit unlikely
COLOGNE, Germany (Reuters) - Deutsche Telekom believes a complete sale of its T-Mobile USA unit is unlikely, the company told shareholders on Thursday, as it continues its search for a long-term solution for the troubled business.
Sberbank CEO hopeful of stake sale this year: paper
MOSCOW (Reuters) - Russia's Sberbank is hopeful a stake sale in it, as part of the nation's wider privatization program, will happen this year, Chief Executive Officer German Gref told Kommersant daily on Thursday.
Delek in talks on Phoenix stake, KKR involved
TEL AVIV (Reuters) - Israeli conglomerate Delek Group is examining the sale of its stake in The Phoenix Holdings insurance group in the wake of a government decision to break up some of the country's biggest conglomerates.
Media exec Sloan eyes Australia's Nine Entertainment: source
(Reuters) - U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners to buy a controlling stake in its asset, Australia's debt-ridden Nine Entertainment, a source with direct knowledge of the matter said.
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