| | | FRANKFURT (Reuters) - German carmarker Daimler raised over $2 billion from a lightning sale of shares in Airbus parent EADS on Thursday, making it the first beneficiary of a shake-up of the European aerospace company that sent EADS shares higher. | | | | JOHANNESBURG (Reuters) - South Africa's biggest retail bank Absa , majority-owned by Barclays Plc , has reached an all-share deal to acquire the British bank's operations in Africa to allow it to expand on the continent and catch up with rivals. | | | | | BRUSSELS (Reuters) - Europe's anti-trust watchdog said on Thursday that UPS faced a difficult task to overcome competition issues related to its plan to buy Dutch rival TNT Express . | | | | | (Reuters) - LMI Aerospace , which supplies components to the aerospace and defense industries, said it will buy Valent Aerostructures for about $237 million, plus about $9.7 million of certain retained obligations. | | | | | MUMBAI (Reuters) - India's BSE Ltd, the former Bombay Stock Exchange which has lost market share to rivals, has chosen 14 banks for a share offering planned for the first half of 2013, its chief executive said. | | | | | HONG KONG (Reuters) - Blackstone Group has dropped out of the bidding for Ingham Chickens as the asking price for Australia's largest chicken producer was too high, the Wall Street Journal reported on Thursday citing sources. | | | | | BRUSSELS (Reuters) - EU regulators studying Ryanair's third attempt to acquire Irish rival Aer Lingus are not at the "critical stage" of deciding whether to clear or block the deal, the EU's antitrust chief said. | | | | | | | BANGKOK (Reuters) - Thailand's wealthiest tycoon, Dhanin Chearavanont, can trace his business empire to China's bustling Guangdong province in the 1920s, when his father left for Thailand to set up a seed company in Bangkok's Chinatown. | | | | LONDON (Reuters) - British retail billionaire Philip Green on Thursday sold a 25 percent stake in Topshop and Topman to U.S. private equity firm Leonard Green and Partners in a deal that values the popular high street chain at 2 billion pounds ($3 billion). | | | | | | MOSCOW (Reuters) - Auto alliance Renault-Nissan's $750-million deal to buy control of Lada maker OAO AvtoVAZ is expected to be signed next week, two sources close to the Russian company said on Thursday. | | | | | | | 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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