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Wednesday, May 2, 2012

Deals Today

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05/2/2012
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
GM proposed taking over one-third of Isuzu: source
TOKYO (Reuters) - General Motors Co first proposed taking a controlling stake of more than one-third in Isuzu Motors Ltd - an investment worth some $3 billion - but is now seeking a smaller holding after the Japanese truck maker said it wanted to remain independent, a person with direct knowledge of the talks said.
BG, Repsol starts up Bolivia field
LONDON (Reuters) - British gas producer BG Group said on Wednesday it and Spanish partner Repsol had started production from the first phase of their Margarita gas field in Bolivia, netting the companies net production of around 17,000 barrels of oil equivalent per day each.
Ascena to buy Charming Shoppes for $857.2 million
(Reuters) - Women's clothing retailer Ascena Retail Group Inc will buy Charming Shoppes Inc for $857.2 million in an all-cash deal that will expand its plus-size clothing portfolio.
BAE Systems profit growth hinges on Saudi jet deal
LONDON (Reuters) - British defence group BAE Systems said its chances of delivering profit growth in 2012 hinged on talks to finalize a fighter jet deal with Saudi Arabia, in a year marked by tight government defence budgets.
Microchip Technology to buy SMSC for $829.2 million
(Reuters) - Chipmaker Microchip Technology Inc will acquire smaller rival Standard Microsystems Corp for $829.2 million in cash to boost its embedded market offerings.
Microchip Technology to buy SMSC for $829.2 million
(Reuters) - Microchip Technology Inc will acquire Standard Microsystems Corp for $829.2 million in cash.
Nokia and Carl Zeiss extend cameraphone deal
HELSINKI (Reuters) - Nokia and lens-maker Carl Zeiss agreed an exclusive deal to make high-end cameraphones, and said a new top-of-the-range model would be launched this month.
Woodside says buying back Shell's stake "not best option"
PERTH (Reuters) - Woodside Petroleum , Australia's largest oil and gas company, said a wide range of investors was interested in buying a $7 billion stake in the company that Royal Dutch Shell is looking to sell.
EverBank cuts IPO size by 24 percent
(Reuters) - Private equity-backed EverBank Financial Corp cut the size of its initial public offering by 24 percent, a day before the company was expected to go public.
Dodgers sale creates field of dreams in bankruptcy
(Reuters) - The Los Angeles Dodgers' $2 billion sale creates a new game plan for loss-making sports teams hoping to command top dollar -- file for Chapter 11.
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