| | | SAN FRANCISCO (Reuters) - Google Inc has acquired Wavii, the Seattle-based startup behind a news summarization app, for roughly $30 million in cash, a person with knowledge of the matter said Tuesday. | | | | | | DUBAI (Reuters) - Etisalat will make a binding offer on Wednesday to buy Vivendi's 53 percent stake in Morocco's Maroc Telecom, a deal in which the UAE telecom firm is expected to face stiff competition from its regional rival in Qatar. | | | | | | | LONDON (Reuters) - The planned sale of more than 600 UK bank branches by Lloyds Banking Group to the Co-Operative Group has fallen through, people familiar with the matter said. | | | | | | | SYDNEY (Reuters) - Singapore Airlines Ltd has lifted its stake in Virgin Australia Holdings Ltd to 19.9 percent, boosting its influence at the carrier at a time of industry jostling to secure lucrative routes in Southeast Asia. | | | | | MILAN (Reuters) - Russian oil giant Rosneft does not intend to buy more than 21 percent of Italian refiner Saras for the time being, Saras chairman Gian Marco Moratti said on Wednesday. | | | | | TEL AVIV (Reuters) - OPKO Health Inc will buy Israel-based biopharmaceutical company Prolor Biotech Inc in an all-stock deal valued at $480 million to expand its portfolio of specialty drugs. | | | | | LONDON (Reuters) - GlaxoSmithKline has decided to sell its popular soft drink brands Lucozade and Ribena in a disposal that analysts believe could bring in more than 1 billion pounds ($1.5 billion). | | | | | LONDON (Reuters) - British construction group Kier Group has agreed a 221 million pound ($338 million) bid for infrastructure and maintenance company May Gurney , trumping a rival offer from Costain . | | | | | | MUMBAI/DUBAI (Reuters) - India's Jet Airways will sell a minority stake to fast-growing Abu Dhabi-based Etihad Airways for roughly $379 million after months of negotiations, giving a lift to India's embattled aviation industry. | | | | | | PARIS (Reuters) - AXA said it agreed to buy 50 percent of Chinese property and casualty insurance company Tian Ping for 485 million euros ($631 million) to strengthen its position in high-growth markets. | | | | | | | 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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