| | | TOKYO (Reuters) - Japanese electronics company NEC Corp's talks with Lenovo Group Ltd over a mobile phone venture have stalled due to disagreements over majority ownership and patents, a source familiar with the matter said on Wednesday. | | | | | | (Reuters) - Dell Inc founder Michael Dell and his private equity partner Silver Lake would not raise their $24.4 billion bid for the world's No. 3 PC maker even if a vote on their offer is delayed, two people familiar with the matter said on Tuesday. | | | | | NEW YORK (Reuters) - A timeframe agreed upon between PepsiCo Inc and Trian Fund Management's Nelson Peltz to privately address the activist investor's suggestions for improving shareholder returns may be closing, according to three sources familiar with the matter. | | | | | (Reuters) - Obesity drug maker Vivus Inc said activist investor First Manhattan Co rejected a settlement offer by the company that included equal representation of Vivus and FMC on the board. | | | | | PARIS (Reuters) - A consortium led by Paris-based AXA Private Equity has raised its bid for Elior and is offering to buy a minority stake in the French caterer, French daily Les Echos said on Wednesday. | | | | | | | 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. | | | | | BELGRADE (Reuters) - Serbia's loss-making JAT Airways has secured a marketing alliance with the German Airberlin carrier to share route-booking codes, the two companies said on Wednesday. | | | | | BUENOS AIRES (Reuters) - U.S. oil company Chevron Corp signed an agreement with Argentina's YPF on Tuesday to invest $1.24 billion in the Vaca Muerta shale oil and gas formation, thought to be one of the biggest reserves in the Western Hemisphere. | | | | (Reuters) - Slot machine maker Bally Technologies Inc said it will buy casino equipment company SHFL Entertainment Inc for about $1.3 billion to tap into the thriving casino industry in Asia and Australia. | | | | | | LONDON (Reuters) - France's Orange is considering the sale of its Dominican Republic business in a deal that could fetch up to 900 million euros ($1.2 billion), as it exits non-core markets to pay down debt, seven people with knowledge of the situation 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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