  | | | | HONG KONG/MUMBAI (Reuters) - Diageo Plc has agreed to buy a 53.4 percent stake in Indian liquor baron Vijay Mallya's United Spirits Ltd for $2.1 billion, giving the world's biggest spirits group a larger slice of a fast-growing market. | | |  | | | | NEW YORK (Reuters) - An eventual bid for Best Buy Co Inc by founder Richard Schulze could come below his initial proposal of around $8 billion and is now not expected to be made before December, sources familiar with the matter said, in a new twist to the months-long saga at the struggling electronics retailer. | | | | | | LONDON (Reuters) - Lonmin has rejected a reverse takeover proposal from its largest shareholder, Xstrata , which questioned the ability of the strike-hit platinum producer's current bosses to keep their loss-making group alive. | | | |  | | | | (Reuters) - Activist investor Carl Icahn said on Thursday he has considered a hostile takeover bid for Netflix but was uncertain he stood a chance of acquiring the Internet streaming service in which he holds a 10 percent stake. | | | | | | BEIJING (Reuters) - CNOOC Ltd , China's top offshore oil and gas producer, said on Friday it is confident of winning regulatory approval from Canada this year for its $15.1 billion bid for Nexen Inc . | | | | | | (Reuters) - Priceline.com Inc said it will buy Kayak Software Corp in a friendly deal valued at $1.8 billion, bolstering its travel research and advertising capabilities. | | | | | | (Reuters) - Orient-Express Hotels Ltd rejected a $1.2 billion takeover offer from Indian Hotels Co Ltd as too cheap and appointed a new chief executive, saying that it was confident of its prospects as an independent company. | | | |  | | | | MOSCOW (Reuters) - The Soviet-born billionaires who share ownership of Anglo-Russian oil firm TNK-BP with partner BP declared an end to a boardroom stalemate on Thursday, a step that could smooth the way to selling the business. | | | | | BERLIN (Reuters) - The German government expects to book the proceeds of its sale of state-owned real estate company TLG Immobilien only in 2013, not this year as originally envisaged, coalition sources said on Thursday. | | |  | | | | | MUMBAI (Reuters) - Diageo Plc said on Friday it has agreed to buy a 53.4 percent stake in India's United Spirits for 111.67 billion rupees ($2.05 billion). | | | |  |  | | | 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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