| | | MUMBAI (Reuters) - Wal-Mart Stores Inc and Bharti Enterprises are breaking up their Indian joint venture, leaving the world's biggest retailer to go it alone in a country where it has struggled to build a bigger presence. | | | | (Reuters) - Jos. A. Bank Clothiers Inc offered to buy bigger rival Men's Wearhouse Inc for about $2.3 billion to create a men's apparel heavyweight with more than 1,700 stores. | | | | | | | BEIJING (Reuters) - Chinese Internet company Alibaba Group has invested 1.18 billion yuan ($192.8 million) to buy fund management company Tianhong Asset Management Co, Tianhong shareholder Inner Mongolia Junzheng Energy & Chemical Industry Co said in a statement on Wednesday. | | | | | | | LONDON (Reuters) - Britain's Wood Group has formed a $1.1 billion joint venture with Europe's largest engineering company, Siemens AG , to provide services for gas turbines, aiming to strengthen a division that has been hit by project delays. | | | | | | | BRUSSELS (Reuters) - Greece's Aegean Airlines has won European Union approval to buy loss-making rival Olympic Air at the second attempt, after a new antitrust investigation found Olympic would close down if the deal was blocked. | | | | | KUALA LUMPUR/HONG KONG (Reuters) - KKR & Co will buy a minority stake in Weststar Aviation Services in a deal that gives the U.S. private equity firm its first asset in Malaysia and a piece of a company that arranges helicopter charter flights for the region's oil and gas sector. | | | | | | | MADRID (Reuters) - Spanish construction group FCC and lender Bankia are looking to sell their controlling stake in property firm Realia and are close to hiring an adviser, three people familiar with the situation said. | | | | | | | LONDON (Reuters) - A Goldman Sachs unit has bought a 50 percent stake in privately-held British motor insurer Hastings, in a deal that values the company at 700 million pounds ($1.13 billion). | | | | | | PARIS (Reuters) - Online grocer Ocado expects to strike an accelerating number of joint ventures with retailers outside its domestic British market, mirroring its deal with the Wm Morrison supermarket chain , its chief executive told Reuters. | | | | | | NEW YORK/LONDON (Reuters) - Nestle is looking to sell its Jenny Craig diet business and is speaking to a small group of potential buyers about the brand, according to three sources familiar with the matter. | | | | | | | 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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