Deals Today

	Click to View in Browser 07/12/2013 For Icahn, $10.7 million profit from Dell is not enough (Reuters) - Michael Dell and private equity firm Silver Lake are looking increasingly likely to get shareholder approval to take Dell Inc private in a $24.4 billion deal. But agitator Carl Icahn still sees room to gamble. Schneider offer fuels talk of $5 billion Invensys bid battle LONDON/PARIS (Reuters) - Hopes of a bid battle powered Invensys shares to a ten-year high on Friday, after the British engineer said it had received a 3.3 billion pound ($5 billion) takeover proposal from France's Schneider Electric . Exclusive: Siam Cement, Geberit among bidders for Grohe - sources FRANKFURT/HONG KONG (Reuters)- German bathroom fixtures maker Grohe has attracted takeover interest from at least two suitors, people familiar with the process said, in what could be Europe's largest private equity deal of the year. Tsinghua Holdings to buy chipmaker Spreadtrum for $1.78 billion (Reuters) - Chinese cellphone chip designer Spreadtrum Communications Inc will be acquired by a unit of government-owned Tsinghua Holdings Co Ltd for a raised offer price of about $1.78 billion. Chinese online company Cloudary withdraws $200 mln U.S. IPO (Reuters) - China-based Cloudary Corp, which runs online libraries, said it would withdraw its initial public offering of up to $200 million of American Depository Shares, citing current market conditions. Some Dell shareholders plan to vote against CEO's buyout NEW YORK (Reuters) - At least three shareholders who collectively hold nearly 3 percent of Dell Inc's shares plan to vote against Chief Executive Michael Dell's $24.4 billion buyout offer, raising questions about shareholder proxy adviser Institutional Shareholder Services' sway with the PC maker's shareholders. South Korea to review bids on $7.3 billion fighter jet deal SEOUL (Reuters) - South Korea is set to decide next week whether to proceed with an auction on supplying 60 next generation fighter jets worth 8.3 trillion won ($7.31 billion) after rounds of failed bidding, a defense official said on Thursday. Phoenix Group in talks to merge with Swiss Re unit -Sky News (Reuters) - British specialist life insurer Phoenix Group is in talks about merging with a unit of Swiss Re in a deal that could be worth 3 billion pounds ($4.53 billion), Sky News reported on Thursday. Icahn to sweeten buyback plan for Dell shares: Bloomberg NEW YORK (Reuters) - Billionaire investor Carl Icahn is preparing a higher bid for computer maker Dell Inc ahead of a key shareholder meeting after proxy firms endorsed founder Michael Dell's $24.4 billion buyout offer. Britvic, AG Barr merger deal collapses LONDON (Reuters) - A planned merger between soft drink makers Britvic and A.G. Barr collapsed on Thursday after Britvic rejected a new proposal from its smaller rival. Related Video How mega is Nokia's new camera phone? Breakingviews: Moelis cash payout whets appetite for more Related News Analysis: Fed mulls adjusting its tune to quell jittery markets Jobless claims rise, but labor recovery grinds on 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend