| NEW YORK (Reuters) - A group of private equity firms, including the Carlyle Group , struck a deal on Sunday to buy financial advisory and investment banking firm Duff & Phelps Corp for about $665.5 million. | | | | NEW YORK (Reuters) - Freeport-McMoRan Copper & Gold Inc cut its cash bid for McMoRan Exploration Co days before announcing plans to buy the oil and gas company, prompted by poor test results at one of McMoRan's wells, according to a regulatory filing on Friday. | | | | | DUBAI (Reuters) - Dubai real estate contractor Arabtec and another firm have been awarded a contract worth over half a billion dirhams ($136 million) to build villas for one of the emirate's flagship developers, Nakheel . | | | | | (Reuters) - The Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, will emerge from bankruptcy on December 31, sources said on Friday, ending four years of Chapter 11 protection and setting the stage for the new company to sell off its newspapers to focus on the WGN cable channel and other TV assets. | | | | | (Reuters) - British education and media publisher Pearson Plc has agreed to acquire a 5 percent stake in Barnes & Noble Inc's Nook Media unit for $89.5 million, sending shares of the bookstore operator up as much as 9.7 percent on Friday. | | | | | | | BRUSSELS/LJUBLJANA (Reuters) - Belgian banking and insurance group KBC said it had agreed to sell its 22 percent stake in Nova Ljubljanska Banka (NLB) to Slovenia, one of the last remaining divestments required by EU regulators. | | | | | MILAN (Reuters) - Banca Monte dei Paschi di Siena , Italy's third-biggest bank, has completed the sale of a 60 percent stake in regional bank Biverbanca to Cassa di Risparmio di Asti for 209 million euros ($276 million). | | | | | (Reuters) - Automobile parts maker Tower International Inc sold its South Korean operations to Seco, a privately owned Korean auto parts supplier, for about $47 million in cash. | | | | | | WASHINGTON (Reuters) - The U.S. Congress comes back on Monday without a deal to avert the "fiscal cliff" and only a few hours of actual legislative time scheduled in which to act if an agreement materializes. | | | | | | WASHINGTON (Reuters) - Financial markets would be affected adversely if U.S. lawmakers fail to agree on a "fiscal cliff" deal before Tuesday, President Barack Obama said in an interview broadcast on Sunday, while urging Congress to act quickly to extend tax cuts for middle-class Americans. | | | | | | | 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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