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Friday, April 6, 2012

Deals Today

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04/6/2012
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
Iraqi Kurdistan says Exxon committed to oil deal
ARBIL, Iraq (Reuters) - The chief executive of U.S. oil major Exxon Mobil on Thursday reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said.
PetroChina in talks with Shell, Hess to explore shale oil
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.
TPG, Silver Lake to fund Avaya's purchase of Radvision
(Reuters) - Private equity firms TPG Capital and Silver Lake Partners said on Thursday they intend to fund a majority of the about $227 million Avaya Inc needs to buy Israeli video conferencing company Radvision .
Ukrainian billionaire takes over 14 Wall Street: source
NEW YORK (Reuters) - Ukrainian billionaire Alex Rovt has stepped in to pay off the loans on landmark office building 14 Wall Street, leaving former co-owner Capstone Equities as manager and leasing agent and former co-owner Carlyle Group LP out of the deal, a source familiar with the deal said on Thursday.
Taiwan's China Development to buy brokerage for $1.85 billion
TAIPEI (Reuters) - China Development Financial Holding will buy up to 100 percent of KGI Securities in a cash and stock deal worth T$54.6 billion ($1.85 billion), as it shifts to investment banking business.
Oil hedge fund BlueGold to liquidate
(Reuters) - BlueGold Capital, an oil-focused fund that made headlines in 2008 by calling the peak of the market, is liquidating after four years of trading -- the last of which put it at the bottom of commodity hedge fund rankings.
Exclusive: Logistics firm BDP International for sale: sources
(Reuters) - BDP International Inc, one of the world's biggest logistics companies, is in talks with private equity firms to sell itself, people familiar with the matter told Reuters, but the company said it was only looking to raise capital.
Sears exploring more key brand licensing chances
NEW YORK (Reuters) - Sears Holdings Corp has appointed Leveraged Marketing Corp of America as its exclusive global licensing agent as it looks for opportunities to sell products under its marquee labels Kenmore appliances, Craftsman tools and DieHard batteries outside its own stores.
Peugeot and Ford end cooperation on larger diesels
PARIS (Reuters) - PSA Peugeot Citroen will stop making larger diesel engines with Ford , the companies said, a week after General Motors took a stake in the French automaker to cement their planned alliance.
Spectrum says bladder cancer drug fails, buys Allos
(Reuters) - Spectrum Pharmaceuticals Inc said its experimental drug to treat a common form of bladder cancer failed to significantly reduce the recurrence of tumors in late-stage trials, sending its shares down 14 percent.
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