HONG KONG (Reuters) - The Hong Kong stock exchange on Friday agreed to pay 1.4 billion pounds ($2.18 billion) to buy the London Metal Exchange (LME), in a deal that gives Asia's largest bourse a much needed entry into a commodity trading platform, and brings LME members closer to China, the world's biggest metals buyer.
COPENHAGEN (Reuters) - APM Terminals, the ports arm of Denmark's A.P. Moller-Maersk , will take a one-fourth stake in a project to expand China's Ningbo Port with total investments of 4.29 billion yuan ($673.4 million), the companies said on Friday.
KUALA LUMPUR (Reuters) - Malaysian tycoon Ananda Krishnan plans to re-list Astro All Asia Networks by end-September in a deal that would give the pay-TV firm a market capitalization of up to 15 billion ringgit ($4.7 billion), according to two sources with direct knowledge of the flotation.
WARSAW (Reuters) - Poland's top chemicals maker Azoty Tarnow said on Friday it would seek shareholder backing for a giant share issue as it sets up defenses against a $440 million unsolicited offer by Russian rival Acron .
LONDON (Reuters) - Brookfield Office Properties is in exclusive talks to buy British developer Hammerson's London office portfolio for more than 500 million pounds ($777.2 million), a source familiar with the deal told Reuters.
VIENNA (Reuters) - Carlos Slim's America Movil (AMX) has agreed to buy 21 percent of Telekom Austria , the Mexican tycoon's latest move to expand his empire into Europe by scooping up the beaten-down shares of distressed telecom companies.
PARIS (Reuters) - Carrefour , Europe's biggest retailer, is selling out of Greece in a sign companies are finding it increasingly difficult to do business in a country where demand has plunged due to a debt crisis and whose future in the euro is at risk.