  | | | | SINGAPORE (Reuters) - Oversea-Chinese Banking Corp Ltd (OCBC) has offered to pay almost $5 billion for one of Hong Kong's last remaining family-owned banks, in a deal that would give the Singapore lender a much sought-after gateway to the Greater China region. | | |  | | | | PARIS (Reuters) - French conglomerate Bouygues turned up the heat in its battle for control of Vivendi's telecom unit SFR on Tuesday by extending its offer to April 25 from April 8 and presenting a 500 million euro ($689 million) break-up fee. | | | |  | | | | TEL AVIV (Reuters) - Israeli chipmaker TowerJazz on Tuesday kicked off its joint venture with Panasonic Corp , which it expects will increase its revenue by $400 million a year. | | | |  | | | | FRANKFURT (Reuters) - German carmaker Daimler is taking over stakes in two battery cell producers from Evonik , making Daimler the sole owner of both companies. | | | | | | PARIS (Reuters) - French turbine and train maker Alstom is selling its heat exchanger business for a higher-than-expected 730 million euros ($1 billion), giving a boost to its drive to raise cash to help it cope with weak demand for power equipment. | | | | | | HELSINKI (Reuters) - Scottish engineering company Weir Group is in talks to take over Finnish rival Metso for more than 4 billion euros ($5.5 billion) as it looks to expand its industrial pumps and valves market, the Times reported on Tuesday. | | | | | | (Reuters) - London-listed engineering company Weir Group is said to be in talks to takeover its Finnish rival Metso Oyj in a 8.5 billion pounds ($14.17 billion) deal to expand its industrial pumps and valves market, the Times reported early Tuesday. | | | |  | | | | NEW YORK (Reuters) - Investor Phil Falcone, whose Harbinger Capital Partners owns bankrupt wireless company LightSquared, on Monday said he always intended to cut the debt claims of LightSquared's largest creditor, Dish Network Corp Chairman Charlie Ergen. | | | | | NEW YORK (Reuters) - Credit investment and private equity firm Ares Management LP filed to go public on Monday in what would be the first initial public offering by a major alternative asset manager since Carlyle Group LP's flotation two years ago. | | |  | | | | | (Reuters) - Bob Diamond-backed investment company Atlas Mara , said it would acquire sub-Saharan African bank ABC Holdings Limited (BancABC) and ADC African Development Corporation AG , for up to $265 million in cash and shares. | | | |  |  | | | 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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