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Tuesday, April 10, 2012

Deals Today

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04/10/2012
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
Chesapeake raises $2.6 billion in three deals
HOUSTON (Reuters) - Chesapeake Energy Corp said on Monday it has struck three deals that will raise a total of $2.6 billion, a cash infusion needed by the U.S. oil and gas company as it faces a funding shortfall this year.
Sharp seeks more partners for struggling LCD plant: source
TOKYO (Reuters) - Sharp Corp, Japan's last major fabricator of liquid crystal displays for televisions, is seeking more partners to buy stakes in its main Sakai plant in a bid to spin off the LCD production subsidiary, a source familiar with the matter said.
Microsoft trumps Amazon, others for AOL patents
(Reuters) - Microsoft trumped Amazon, eBay and other tech giants with its more than $1 billion purchase of the majority of AOL Inc's patent trove.
Sharp to cut stake in LCD plant, gains new partners
TOKYO (Reuters) - Sharp said on Tuesday that Dai Nippon Printing Co and Toppan Printing Co will take stakes in its loss-making Sakai LCD plant, bringing Sharp's holding in the factory to less than 40 percent.
HSBC in talks to sell some Korean units to KDB
LONDON/HONG KONG (Reuters) - HSBC Holdings Plc , Europe's biggest bank, said it was in talks over the possible sale of its Korean retail banking and wealth management business to Korea Development Bank (KDB), as HSBC continues to divest non-core assets around the world.
KDB in talks to buy HSBC's retail business in South Korea
HONG KONG (Reuters) - HSBC , Europe's biggest lender, said on Tuesday it is in talks to sell its South Korean retail banking and wealth management business to Korea Development Bank.
Usmanov may swap part of MegaFon stake for Yota: paper
MOSCOW (Reuters) - Russian billionaire Alisher Usmanov may trade a part of his stake in the country's No.2 mobile phone operator MegaFon for control in next-generation telecoms provider Yota, business daily Vedomosti reported on Tuesday.
India's Sahara makes $600 million bid for NY Plaza: WSJ
(Reuters) - Indian conglomerate Sahara India Pariwar Ltd made an unsolicited $600 million offer to acquire the landmark Plaza Hotel in New York, the Wall Street Journal reported, citing people familiar with the matter.
Australia's Fairfax in exclusive talks with Business Spectator: source
MELBOURNE (Reuters) - Australian newspaper company Fairfax Media Ltd is in exclusive talks to acquire the publisher of independent news and opinion website Business Spectator, a source with direct knowledge of the situation said on Tuesday.
Australian regulator clears $2 billion Foxtel-Austar deal
MELBOURNE (Reuters) - Australia's largest pay-TV firm Foxtel extended its dominance on Tuesday when the competition watchdog cleared its $2 billion takeover of smaller regional rival Austar United Communications , nearly a year after the deal was first proposed.
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