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Thursday, May 3, 2012

Deals Today

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05/3/2012
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
Renault-Nissan signs deal to control AvtoVAZ
PARIS (Reuters) - The Renault-Nissan alliance signed a long-awaited deal to take control of Russia's largest car maker, AvtoVAZ , as it seeks growth in fast-growing markets outside sluggish Western Europe.
China's Bright Food to buy 60 percent stake in Weetabix
SHANGHAI (Reuters) - China's state-owned Bright Food Group has agreed to buy a 60 percent stake in British cereal firm Weetabix Food Co from private equity firm Lion Capital, which, if completed, would be its second successful overseas acquisition in less than a year.
Dewey & LeBoeuf, SNR Denton merger talks collapse: WSJ
(Reuters) - Merger talks between law firms Dewey & LeBoeuf and SNR Denton collapsed on Wednesday, the Wall Street Journal reported, citing two people familiar with the matter.
DEALTALK-Vivendi scouting for ideas in 'no taboos' era
PARIS/LONDON (Reuters) - Vivendi is reviewing its entertainment-to-telecoms structure, and investment banks are pitching ideas on the best strategy to reverse the deep slump in its share price, sources told Reuters.
Vitol, Atlas buy Petroplus Swiss plant
GENEVA (Reuters) - Vitol, the world's largest oil trader, has teamed up with the co-founder of Petroplus, Marcel Van Poecke, to buy the insolvent refiner's Swiss plant, as part of the trader's drive to expand into physical assets.
DSM to buy U.S. biomedical firm Kensey Nash
AMSTERDAM (Reuters) - Dutch food and chemicals group DSM is buying U.S. medical device-maker Kensey Nash Corp for $360 million to strengthen its biomedical business, leaving it with plenty of cash for more deals.
New LA Dodgers owners explore ways to boost value
LOS ANGELES (Reuters) - The group that paid a record $2.15 billion to buy the Los Angeles Dodgers baseball team expects to boost the return on their investment by creating value with stadium improvements, aggressive investment on talent and by exploring a regional sports network after a TV contract with Fox ends.
JPMorgan to boost Technicolor stake in rights issue
PARIS (Reuters) - Technicolor said U.S. bank JPMorgan Chase plans to take a stake of up to 29.96 percent in the French digital video specialist to help it cut debt and push through its turnaround plan.
Carlyle IPO raises unimpressive $671 million
NEW YORK (Reuters) - Private equity firm Carlyle Group LP proved a tough sell with investors on Wednesday, raising $671 million in an IPO that was slightly below a pricing range already seen as modest and failed to live up to the hype of the likes of Facebook Inc.
Australia's Packer to sell Foxtel pay TV stake, eyes Echo
MELBOURNE (Reuters) - Australian billionaire James Packer has hired UBS to sell his 25 percent stake in pay TV operator Foxtel, worth about $1 billion, raising speculation he may bid for casino group Echo Entertainment and its prize asset, Sydney's Star casino.
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