  | | | | TOKYO (Reuters) - Sony Corp will likely approve a plan this week to invest 50 billion yen ($642 million) in cash-strapped Olympus Corp , becoming its biggest shareholder with around a 10 percent stake, three sources familiar with the deal told Reuters. | | |  | | | | (Reuters) - Cairn Energy Plc has raised $910 million by selling an 8 percent stake in Cairn India , continuing the sell-down of its historic interest in the Indian business it formerly controlled to fund new projects. | | | | | | ZURICH (Reuters) - Swiss private bank EFG International will proceed with its planned initial public offering in Switzerland of its structured products business in the fourth quarter, subject to market conditions, as the parent company overhauls to renew focus on private banking. | | | | | | BRUSSELS (Reuters) - Dutch brewer Heineken said on Tuesday it had completed its purchase of the 8.6 percent stake in Asia Pacific Breweries held by Kindest Place Group. | | | | | | (Reuters) - Sidewinder Drilling Inc, controlled by private equity firm Avista Capital Partners, plans to buy Union Drilling Inc for $139 million to tap into rising exploration and production activity in North American shale fields. | | | | | | (Reuters) - C.H. Robinson Worldwide Inc , a third-party provider of freight transport, said it would buy smaller rival Phoenix International for $635 million to grow its international freight forwarding business. | | | |  | | | | FRANKFURT (Reuters) - Airbus parent EADS and Britain's BAE Systems are considering sweetening their proposed merger deal for EADS shareholders, after resistance from France and Germany, sources familiar with the transaction said. | | | | | | NEW DELHI (Reuters) - A trio of state-run Indian oil companies has bid $5 billion for stakes in Canadian oil sands holdings owned by ConocoPhillips , two sources said, as the world's No. 4 oil importer continues to search for supplies to power its near $2 trillion economy. | | | | | HONG KONG (Reuters) - China's top home appliance retailer, Suning Appliance Co Ltd , said it will buy an infant goods e-commerce site for $66 million to expand its online footprint the country and broaden its product lines and better compete against GOME Electrical Appliances . | | | | | | HONG KONG (Reuters) - Harvest Fund Management, China's second-largest retail fund manager by assets, has formed a joint venture with the fund management arm of British property developer Grosvenor to invest in real estate in greater China, the money managers said in a joint statement. | | | |  |  | | | 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 | |
No comments:
Post a Comment