| | | ABIDJAN/NEW YORK (Reuters) - Cargill Inc , one of the world's leading cocoa traders, is in the final stages of a deal to buy Archer Daniels Midland Co's cocoa business, sources familiar with the situation said, creating a price-setting global giant. | | | | | | NEW YORK (Reuters) - The company that owns New York City's Empire State Building sold shares in an initial public offering on Tuesday, capping two years of rancor among the marquee building's private owners. | | | | | LISBON (Reuters) - Portugal Telecom and Brazil's telecommunications giant Oi , in which PT is the largest shareholder, plan to merge to form a Brazilian entity with projected synergies worth a net 1.8 billion euros ($2.43 billion). | | | | | SINGAPORE (Reuters) - The Coffee Bean & Tea Leaf, in which three private equity firms recently bought stakes, may consider an initial public offering or a strategic sale over the next few years as part of an exit strategy for investors, its CEO said. | | | | | HONG KONG (Reuters) - A Baidu Inc unit is seeking to raise $125 million by listing in the United States, where strong investor appetite for Chinese Internet stocks is trumping lingering concerns about accounting irregularities from China-based companies. | | | | | ZURICH (Reuters) - Swiss generic drugmaker Acino said it has accepted a takeover offer from Avista Capital Partners and Nordic Capital valuing the company at about 398 million Swiss francs ($439 million). | | | | | FRANKFURT (Reuters) - Italian energy company Eni wants to hive off its 50 percent stake in the German natural gas transmission networks it co-owns with utility EnBW , a German newspaper reported on Wednesday. | | | | | LONDON (Reuters) - Latin American precious metals firm Hochschild Mining said it planned to raise up to $96 million to help it buy the remaining 40 percent stakes in its Peruvian assets for up to $280 million. | | | | FRANKFURT (Reuters) - The Ontario Teachers' Pension Plan (OTPP) has bought a 2 percent stake in Europe's biggest online fashion retailer Zalando, continuing a push into e-commerce investment for the fund. | | | | MADRID (Reuters) - Five potential bidders for Spain's bailed-out NCG Banco are performing due diligence on the lender ahead of a possible auction, the director general of the country's bank rescue fund FROB said on Wednesday. | | | | | | | 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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