Deals Today

	Click to View in Browser 07/16/2013 Exclusive: Smithfield's China bidders plan Hong Kong IPO after deal - sources SINGAPORE/HONG KONG (Reuters) - China's Shuanghui International Holdings, which has agreed to buy U.S. pork producer Smithfield Foods Inc. for $4.7 billion, plans to list the combined company in Hong Kong after completing the takeover, people with knowledge of the matter told Reuters. Glencore puts $5 billion Las Bambas project up for sale LONDON (Reuters) - Glencore Xstrata formally put its $5 billion-plus Las Bambas copper project in Peru up for sale on Tuesday, in line with a demand made by China's Ministry of Commerce in April. POSCO drops $5.3 billion Indian steel mill, keeps main project alive SEOUL (Reuters) - South Korea's POSCO said on Tuesday it will pull out of a $5.3 billion steel mill development in India's Karnataka state, but will proceed with another $12 billion project billed as the country's largest foreign direct investment. ThyssenKrupp's Brazilian mill sale not imminent: source FRANKFURT (Reuters) - The planned sale of ThyssenKrupp's Brazilian steel mill is unlikely to happen quickly, a source close to the transaction said after a newspaper reported that a deal had been struck. Apple in talks to buy Israel's PrimeSense: report TEL AVIV (Reuters) - Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million, the Calcalist new website said on Tuesday. Loblaw to buy Shoppers in C$12.4 billion bid to defend turf (Reuters) - Loblaw Cos Ltd , Canada's largest food retailer, announced a C$12.4 billion ($11.9 billion) deal on Monday to buy Shoppers Drug Mart Corp , the country's biggest pharmacy chain, to bulk up against intensifying competition. Abbott to buy cataract laser, leg stent businesses (Reuters) - Abbott Inc said on Monday that it would enter the laser cataract surgery business by buying privately held OptiMedica Corp for up to $400 million and in a separate deal would pay $310 million for stent maker Idev Technologies. EQT to sell unit to its midstream partnership for $540 million (Reuters) - Natural gas company EQT Corp said it will sell its Sunrise pipeline unit to EQT Midstream Partners LP for $507.5 million in cash and $32.5 million of common and general partners units. Alexion valuation could choke any Roche bid ZURICH (Reuters) - Buying Alexion Pharmaceuticals Inc would help Roche make a splash in the newly lucrative area of rare or so-called orphan diseases, but it could command a price that the Swiss drug maker is ultimately not willing to pay. Schneider's Invensys bid leaves door ajar to cash rich rival LONDON (Reuters) - France's Schneider Electric has left the door ajar to rival bidders by offering shares as part of its 3.3 billion pound ($5 billion) takeover proposal for Invensys , as many of the UK engineer's investors would be prefer all cash. Related Video Breakingviews: Don't sink the pound, Governor Carney! Death by iPhone? Not likely, say China's microbloggers Related News Fed message gets through to markets, sort of Fear of Fed and China slowdown take a toll 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