| | | NEW YORK (Reuters) - A Delaware judge refused to fast-track a shareholder class action lawsuit seeking to block Sprint Nextel Corp's deal to buy wireless service company Clearwire Corp , the investor leading the lawsuit said on Thursday. | | | | ISTANBUL/LONDON (Reuters) - Sompo Japan Insurance, Dai-ichi Life Insurance , Zurich Insurance and Allianz SE are among the potential buyers for Turkish bank Yapi Kredi's insurance arm Yapi Kredi Sigorta , sources close to the matter said on Friday. | | | | | SINGAPORE (Reuters) - Morgan Stanley's top mergers and acquisitions banker in Southeast Asia Jonathan Popper will join Singapore state investor Temasek Holdings to lead its M&A team, two sources with knowledge of the matter said on Friday. | | | | | SAO PAULO (Reuters) - U.S. buyout firm JC Flowers & Co is selling 40 percent of its stake in Brazilian investment bank BTG Pactual Group , according to analysts at Bradesco BBI, partially cashing out of a two-year investment that yielded an estimated 50 percent return. | | | | | | | ZURICH (Reuters) - BlackRock is to buy Credit Suisse's exchange-traded fund (ETF) business, which will give the U.S. asset manager greater scale in Europe. | | | | | | | MEXICO CITY (Reuters) - Tycoon Carlos Slim's retail unit said it plans to relist on the Mexican stock exchange, offering a 15.2 percent stake to raise some $720 million to fund expansion plans, including possible acquisitions. | | | | | (Reuters) - Supervalu Inc struck a $3.3 billion deal to reduce its burdensome debt by selling five of its supermarket chains to an investor group led by Cerberus Capital Management LP , the No. 3 U.S. grocery store operator said on Thursday. | | | | | | | SHANGHAI (Reuters) - China's insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC's planned sale of its $9.4 billion stake in China's No.2 insurer to Thailand's CP Group. | | | | | | EISENACH, Germany (Reuters) - General Motors Co's European division Opel is not up for sale, Steve Girsky, vice chairman of the U.S. car maker, said on Thursday. | | | | NEW YORK (Reuters) - Legg Mason Inc has been approached in recent months by some of its senior managers and private equity firms with plans to take the struggling asset manager private, but the board has decided against exploring that option at least until the company has a new chief executive, three sources said. | | | | | | | 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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