| | | LONDON (Reuters) - Britain's Royal Mail postal service should a command a value of as much as 3.3 billion pounds ($5.3 billion) when it makes its London stock market debut next month, the government said on Friday as it began taking orders for the selloff. | | | | | | (Reuters) - Struggling retailer J.C. Penney Co Inc said it expects to end the year with about $1.3 billion in cash, excluding the proceeds from a share offering. | | | | | | | SOCHI, Russia (Reuters) - Russian tycoon Mikhail Gutseriyev has bought from Sberbank the two percent of mid-sized oil producer Russneft he did not already own, ending his long battle for the firm, he said on Friday. | | | | | MOSCOW (Reuters) - Russian Rosneft's board will consider the possibility of buying out minority shareholders of TNK-BP Holding, offering a 20 to 30 percent premium to the current share price, Rosneft's head Igor Sechin said on Friday. | | | | | (Reuters) - Devon Midstream Partners L.P. filed with U.S. regulators on Friday to raise up to $400 million in an initial public offering of its common units. | | | | | COPENHAGEN (Reuters) - Danish wind turbine producer Vestas Wind Systems and Japanese conglomerate Mitsubishi Heavy Industries (MHI) have agreed to form a joint venture aimed at gaining a strong position in the market for offshore wind turbines. | | | | | MOSCOW (Reuters) - Russia's top oil producer Rosneft has agreed to buy gas assets from diamond miner Alrosa for $1.4 billion, in a drive to expand its natural gas business, Rosneft said on Friday. | | | | | | | (Reuters) - U.S. private equity firm KKR & Co said it will initially pay about 165 billion yen ($1.67 billion) for Panasonic Corp's healthcare unit, in what could be the largest buyout deal in Asia year to date. | | | | LONDON (Reuters) - Indonesia-focused gold firm Archipelago Resources said it agreed to be acquired by PT Rajawali Corporation, an Indonesian company which already owns 53 percent of the company, in an offer that values it at 338 million pounds ($541 million). | | | | MADRID (Reuters) - The Chinese group that inherited the largest single stake in Spanish food company Campofrio plans to sell enough shares to avoid making a forced takeover, though some analysts viewed the move merely as a postponement. | | | | | | | 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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