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Thursday, March 22, 2012

Deals Today

Reuters » Deals Today
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03/22/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Zynga buys OMGPOP games company for $200 million: source
(Reuters) - Zynga Inc is buying OMGPOP, maker of the popular video game "Draw Something" for about $200 million in its biggest acquisition to date as the company moves to expand its lineup of games on mobile devices and Facebook.
Iraq still considering Exxon bidding ban
BAGHDAD (Reuters) - Iraq is still considering whether to lift a ban on Exxon Mobil bidding on new oil contracts imposed because of its dealings with the Kurdish autonomous region, Oil Minister Abdul Kareem Luaibi said on Thursday.
Sony to sell chemical business to Japan state bank
TOKYO (Reuters) - Sony Corp said on Thursday that it will sell off part of a chemical and device subsidiary that makes films and adhesives used in televisions, cameras and mobile phones to state-backed Development Bank of Japan Inc .
NEC to buy Convergys business support ops for $450 million
TOKYO (Reuters) - Japan's NEC Corp said on Thursday it would spend $450 million to buy the business support operations of U.S. telecoms firm Convergys Corp as it hunts for new telecom equipment sales abroad.
Italy's Aleotti family mulls buying BMPS stake: sources
FLORENCE, Italy (Reuters) - Italian family Aleotti is assessing a proposal to buy a 4 percent stake in Banca Monte dei Paschi di Siena from its controlling foundation shareholder, financial sources said on Thursday, confirming press reports.
Grain trader Gavilon attracts Asian takeover interest
NEW YORK/LONDON (Reuters) - Several Asian trading firms, including Mitsui & Co , Marubeni Corp and Noble Group , are in the running for U.S. grain and energy trader Gavilon, which could be valued at about $5 billion, according to sources familiar with the matter. A deal for the commodities trader, which began exploring a sale in January, would give the Asian companies a sizable presence in key U.S. agriculture markets, including the third largest U.S.
Scripps Networks to buy UK company for $103 million
(Reuters) - U.S. broadcaster Scripps Networks Interactive Inc said it will buy UK-based Travel Channel International Ltd for 65 million pounds ($103 million) to expand its footprint in Europe and Asia.
Croatia rejects bids in docks sale before EU entry
ZAGREB (Reuters) - The Croatian government rejected bids for three loss-making, state-owned shipyards on Thursday and pledged to find a solution by July for a key issue it needs to resolve before joining the European Union next year.
Exclusive: Watson close to $7 billion Actavis drug deal: sources
LONDON/FRANKFURT (Reuters) - Watson Pharmaceuticals Inc is close to buying Swiss-based Actavis for around $7 billion, marking the latest deal between generics companies racing to achieve economies of scale, three sources familiar with the matter said.
Shell gets China's 1st shale gas deal
BEIJING (Reuters) - Royal Dutch Shell said it has signed a production sharing contract with China National Petroleum Corporation (CNPC) for developing a shale gas block in southwestern Sichuan province, the first such deal in China.
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