| (Reuters) - Sprint Nextel Corp raised its offer for Clearwire Corp by 7 cents per share to buy the rest of the wireless service provider for $2.2 billion. | | | | HONG KONG (Reuters) - American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer helped found nearly 100 years ago. | | | | | (Reuters) - Canada's Sun Life Financial Inc said it will sell its U.S. annuity business and some life insurance businesses for $1.35 billion to Delaware Life Holdings, a company owned by shareholders of institutional asset manager Guggenheim Partners. | | | | | (Reuters) - Utility holding company Laclede Group Inc will acquire two Southern Union utilities, Missouri Gas Energy and New England Gas Co, from Energy Transfer Equity for about $1 billion, the companies said. | | | | | NEW YORK (Reuters) - Carlyle Group LP's planned $780 million takeover of TCW Group Inc could prove less lucrative than envisioned due to the investment manager's financial ties to buyout firm EIG Global Energy Partners LLC, a TCW document to its lenders shows. | | | | | LONDON (Reuters) - Miner First Quantum launched a sweetened offer for Canadian rival Inmet Mining , taking to shareholders a deal that values the owner of the giant Cobre Panama copper project at about C$5.1 billion ($5.2 billion). | | | | | KUALA LUMPUR (Reuters) - Malaysia's state investor Khazanah Nasional Bhd said it wants to sell its 45 percent stake in Time Engineering Bhd as part of a wider plan to divest non-core assets. | | | | | DUBAI (Reuters) - Emirates NBD , Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' Egyptian retail business, three sources familiar with the matter said, in a deal likely to raise $400-500 million for the French lender. | | | | PARIS (Reuters) - French gas firm GDF Suez said it would sell a 60 percent stake in its Canadian wind and solar projects, which has an enterprise value of 1.5 billion euros, as part of its debt reduction efforts. | | | | (Reuters) - Oil company BP Plc said it would sell its interest in the Sean gas field in the UK North Sea to British utility SSE Plc for $288 million, as part of its strategy to sell its stakes in non-operated North Sea assets. | | | | | | | 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