| LONDON (Reuters) - A British parliamentary report into a phone hacking scandal may lead eventually to News Corp being forced into cutting or selling its stake in the highly profitable pay-TV firm BSkyB, having already dropped its bid to buy it outright last year. | | | | SAN FRANCISCO (Reuters) - Facebook's willingness to pay $1 billion to buy the 12-person start-up Instagram has Silicon Valley venture capitalists happily re-doing their math on the potential value of hot young companies. | | | | | HONG KONG (Reuters) - Hong Kong Exchanges and Clearing Ltd is in talks with banks for a loan to help it finance an offer for the London Metal Exchange, sources told Reuters, a sign that the world's most valuable bourse is aggressively pushing ahead with its bid. | | | | | LONDON, April 13 - Documentation relating to commodities trader Glencore's $37 billion takeover of miner Xstrata will be sent to shareholders a month later than previously anticipated, the companies said on Friday. | | | | | ZURICH (Reuters) - Swiss drugmaker Roche said it would have to rethink its tactics if shareholders of reluctant U.S. bid target Illumina did not back its approach as it reported strong first-quarter pharmaceutical sales helped by top cancer drugs. | | | | | HONG KONG (Reuters) - Goldman Sachs-linked Capula Investment Management is expanding its $13 billion business into Hong Kong, according to sources, becoming the latest major investor to jump into the region where hedge fund players are a small but growing part of the market. | | | | | TOKYO (Reuters) - Nissan Motor Co will build its fourth Chinese auto factory in Dalian city through its joint venture with Dongfeng Motor Group Co , the Nikkei business daily said on Friday, marking the carmaker's entry into northeast China. | | | | | NEW YORK (Reuters) - For the second time in five months, Bank of America is tapping the red-hot market for foreclosed homes by seeking bids on a bulk offering of several hundred single-family homes. | | | | NEW YORK (Reuters) - Private equity firm Hellman & Friedman is exploring a sale of AlixPartners in a deal that could value the restructuring advisory firm at more than $1 billion, according to four people familiar with the matter. | | | | HONG KONG/NEW DELHI (Reuters) - Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. | | | | | | | 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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