Deals Today

	Click to View in Browser 12/31/2013 Apollo's failed deal for Cooper sows doubt on future Indian M&A MUMBAI (Reuters) - The ambition from Indian mid-sized companies for large debt-fueled acquisitions abroad was dealt a major setback after the unraveling of a $2.5 billion bid by India's Apollo Tyres Ltd to buy Cooper Tire & Rubber Co . Nasdaq to acquire 5 percent in Borsa Istanbul ISTANBUL (Reuters) - Nasdaq OMX Group will take a 5 percent stake in Turkey's Borsa Istanbul in a tie-up that will allow the Turkish exchange to use Nasdaq's market technologies to attract new customers, the two exchanges said on Tuesday. Berkshire Hathaway to buy Phillips 66 unit for around $1.4 billion NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc struck a deal to buy a Phillips 66 business that makes chemicals to improve the flow potential of pipelines for around $1.4 billion of stock. Carlos Slim private equity fund sells stake in pharma company MEXICO CITY (Reuters) - Billionaire businessman Carlos Slim's private equity fund has sold its stake in Mexican pharmaceutical company Landsteiner Scientific to a fund related to that company. KKR reports stake in chipmaker Marvell (Reuters) - Private equity firm KKR & Co LLP has reported a 6.8 percent stake in chipmaker Marvell Technology Group Ltd, according to a regulatory filing. Cooper Tire terminates $2.5 billion sale to India's Apollo MUMBAI (Reuters) - U.S.-based Cooper Tire & Rubber Co said it was terminating a proposed $2.5 billion sale to Apollo Tyres Ltd , with both sides threatening legal action over a deal plagued by obstacles from the start. Mondelez sells SnackWell's business to joint venture (Reuters) - Packaged foods company Mondelez International Inc has sold its SnackWell's cookies and snacks business to its joint venture with Brynwood Partners VI LP, the private equity firm said on Monday. Vanguard Natural to buy oil and gas assets in Wyoming for $581 million (Reuters) - Vanguard Natural Resources LLC said it entered into a definitive agreement to buy natural gas and oil properties in the Pinedale and Jonah fields of southwestern Wyoming for $581 million from an unnamed source. PepsiCo franchisees open talks on latest intra-UAE merger DUBAI (Reuters) - Dubai Refreshments (DRC) said on Monday it would open talks with fellow PepsiCo franchisee, Abu Dhabi Refreshments Company, about a possible merger, in the latest example of United Arab Emirates rival firms to consolidate. Nokia Solutions chairman to step down after Microsoft deal HELSINKI (Reuters) - Nokia said the chairman of its networking equipment unit, Nokia Solutions and Networks (NSN), will step down following the sale of the Finnish company's mobile phone business to Microsoft. Related Video Breakingviews: Markets, brace for a tough year ahead! Reuters Today: Will lucky 13 become golden 14? Related News Fed's Fisher says his FOMC vote will reflect concerns on bond buying Reduced Fed support reflected in January bond-buying plan 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