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Wednesday, March 28, 2012

Deals Today

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03/28/2012
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
Magic Johnson group to buy Dodgers for record $2 billion
LOS ANGELES (Reuters) - A group spear-headed by former basketball great Earvin "Magic" Johnson agreed to buy the Los Angeles Dodgers baseball team for a record $2 billion, team owner Frank McCourt announced on Tuesday, capping a two-year drama that started with McCourt's divorce and wound its way through bankruptcy court.
HIG to buy Rio Tinto's French alumina plants
PARIS (Reuters) - HIG European Capital Partners has offered to buy three French alumina plants from mining group Rio Tinto , Olivier Boyadjian, managing director of the private equity firm's French unit said on Wednesday.
Continental Resources to buy oil assets for $340 million
(Reuters) - Continental Resources Inc said it will buy privately held Wheatland Oil Inc's assets for $340 million, to add to its position in the Bakken basin, which makes up more than half its output.
Abu Dhabi royals involved in RBS talks: sources
ABU DHABI/DUBAI (Reuters) - Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level of the Abu Dhabi ruling family, sources told Reuters.
Apple TV beckons as jackpot in Hon Hai's Sharp gamble
TAIPEI (Reuters) - It promises to revolutionize television in the way the iPad did computing, and the chance to make Apple Inc's much-anticipated smart TV could explain Taiwan's Hon Hai Precision Industry's bold move to buy into 100-year-old Japanese firm Sharp .
ArcelorMittal completes sale of Erdemir stake
BRUSSELS (Reuters) - ArcelorMittal said on Wednesday it had completed its sale of 134.3 million shares and the same number of warrants in Turkey's biggest steelmaker Erdemir as it shifts away from non-core activities and focuses on cutting debt.
Sharp to announce deal with Sony on Sakai plant
TOKYO (Reuters) - Sharp Corp, which is in a partnership with Taiwan's Hon Hai Precision Industry on LCDs, said on Wednesday it will announce an agreement with Sony Corp at 11 a.m. (0200 GMT) on its main Sakai plant in Osaka.
Switzerland near German, U.S. offshore account deals: papers
ZURICH (Reuters) - Switzerland is nearing deals with Germany and the United States over hidden offshore accounts, including paying U.S. officials 5 billion Swiss francs ($5.5 billion) to settle allegations of aiding tax evasion, according to reports on Wednesday.
French regulator to deepen inquiry of Canal+, TPS deal
PARIS (Reuters) - France's competition watchdog said on Wednesday that it would open an extended inquiry of a 2006 deal that saw Vivendi's pay-TV unit Canal+ buy its main satellite competitor TPS.
Samsung C&T takes 15 percent stake in $4.8 billion CCS project
SINGAPORE (Reuters) - Samsung Construction & Trading has taken a 15 percent stake in a $4.8 billion power station and carbon capture and storage project in Britain owned by 2Co Energy, the companies said in a statement on Wednesday.
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