Deals Today

	Click to View in Browser 12/4/2013 Philip Morris, Japan Tobacco buy stakes in Russian distributor for $1.5 billion MOSCOW (Reuters) - Philip Morris International Inc and Japan Tobacco Inc are each spending $750 million on buying 20 percent stakes in Russian distributor Megapolis, the companies said in separate press releases on Wednesday. Goldman hired to advise on Hong Kong's Wing Hang Bank sale: sources (Reuters) - Goldman Sachs Group Inc has been hired by the biggest shareholder of Wing Hang Bank Ltd to advise on the sale of the $4.5 billion Hong Kong lender which promises buyers a route into mainland China. Westfield to spin off Australian mall assets SYDNEY (Reuters) - Shopping mall giant Westfield Group said on Wednesday it plans to separate its global retail assets from its Australia and New Zealand businesses, which will be merged with Westfield Retail Trust (WRT) to form a new company. Sycamore in lead for Men's Wearhouse's K&G chain: sources NEW YORK (Reuters) - Sycamore Partners LLC is in advanced talks to acquire off-price chain store K&G from Men's Wearhouse Inc , the clothing retailer embroiled in a takeover battle with Jos. A. Bank Clothiers Inc , according to four people familiar with the matter. Toshiba venture to sell solar power to German consumers TOKYO (Reuters) - Japan's Toshiba Corp will tie up with German real estate company Gagfah SAS to sell energy directly to residents in Germany, people close to the matter told Reuters. Repsol's Brufau calls for 'convincing sum' in YPF deal MADRID (Reuters) - Repsol Chairman Antonio Brufau asked on Tuesday for a "a convincing sum" from Argentina to compensate the Spanish company for the expropriation of its majority stake in energy firm YPF . Thyssen hit by doubts $1.2 billion fundraising is enough FRANKFURT (Reuters) - ThyssenKrupp has raised 882 million euros ($1.2 billion) in a sale of new shares, less than some analysts think it will need to pursue a turnaround after it failed to sell a loss-making plant and was forced to take back two others. Ryanair has not offered to take part in Alitalia cash call ROME (Reuters) - Ryanair has not offered to take part in Italian airline Alitalia's poorly received 300 million euro ($407 million) capital increase, the chief executive of the Irish budget carrier said on Tuesday. Iraq, Kurds close to deal on oil exports, revenue ANKARA (Reuters) - Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new pipeline, a step towards resolving a long-running dispute over land and oil rights. Krupp Foundation stake diluted in Thyssen capital hike: sources FRANKFURT (Reuters) - The Krupp Foundation, ThyssenKrupp's biggest shareholder, did not participate in the German steelmaker's capital increase, three people familiar with the transaction said on Tuesday. Related Video Breakingviews: Tesco's mediocre plan may be the best option UK Services PMI with Markit Related News Fed's Williams: Cutting rate on banks' reserves 'would make sense' Lead negotiator sees January finish for overdue U.S. farm bill 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