| | | BEIJING (Reuters) - PetroChina Co Ltd is talking to Royal Dutch Shell and Hess Corp to explore shale oil in Santanghu Basin in China's northwestern Xinjiang region, parent China National Petroleum Corp (CNPC) said in a company-owned newspaper. | | | | (Reuters) - Spectrum Pharmaceuticals Inc said its experimental drug to treat bladder cancer failed to meet the main goals of late-stage trials, sending its shares down 16 percent in premarket trade. | | | | | (Reuters) - U.S. healthcare products and medical device maker Covidien said it would buy Israel-based Oridion Systems for about $300 million in cash. | | | | | TOKYO (Reuters) - Toshiba Corp has approached SK hynix of South Korea about bidding jointly for Japanese memory chip maker Elpida Memory, an industry source said, after its solo bid was reportedly less than that of U.S. firm Micron Technology . | | | | | DUBAI, April 5 - Dubai Holding , the investment conglomerate owned by the emirate's ruler, said on Thursday its private equity arm has reached an agreement with creditors to restructure $2.5 billion of debt, ending nearly two years of talks. | | | | | (Reuters) - SandRidge Energy's trust unit, SandRidge Mississippian Trust II, expects its initial public offering of 26 million shares to be priced between $19 and $21 apiece. | | | | | | | BOSTON (Reuters) - In the deal to take Burger King public again, hedge fund manager William Ackman is wearing many crowns. | | | | | | | TOKYO (Reuters) - Toshiba Corp is out of the running among companies bidding to support Elpida Memory's turnaround, likely leaving three foreign companies including SK hynix and Micron Technology in the race, media reported on Thursday. | | | | | | NEW YORK (Reuters) - Delta Airlines , struggling with high fuel costs, is considering a bid for ConocoPhillips' idled 185,000 barrel per day refinery in Trainer, Pennsylvania, according to a source familiar with the negotiations. | | | | SYDNEY (Reuters) - Blackstone has agreed to buy 69 warehouses in the United States valued at around A$800 million ($820.4 million) from Australia's Dexus Property Group , Bloomberg reported on Thursday citing a person with knowledge of the deal. | | | | | | | 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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