| | | LONDON (Reuters) - GlaxoSmithKline will take its $2.6 billion bid for Human Genome Sciences direct to shareholders this week, after its takeover offer was rejected last month by the U.S. biotech group's board. | | | | SEOUL (Reuters) - South Korea's Lotte Group and GS Retail Co Ltd have submitted preliminary bids for an about $750 million stake in water purifier company Woongjin Coway Co Ltd , sources with the knowledge of the matter said on Wednesday. | | | | | (Reuters) - U.S. solar power systems maker Westinghouse Solar Inc said it removed Chief Executive Barry Cinnamon from his position and appointed an interim CEO, after Australia's CBD Energy struck a deal to buy the company. | | | | | NEW YORK/HONG KONG (Reuters) - PetroChina Co Ltd is in talks to buy Valero Energy's shuttered refinery in Aruba, sources said, the latest move by China's oil giants to take advantage of a global refining downturn to beef up supply. | | | | | (Reuters) - Activist investor Nelson Peltz said his Trian Fund Management has picked up a more than 7 percent stake in industrial conglomerate Ingersoll-Rand Plc . | | | | | HONG KONG (Reuters) - Private equity company Blackstone Group has expanded its property presence in London, buying the 12-building Devonshire Square office and retail complex from rival Rockpoint and the Abu Dhabi Investment Authority (ADIA), according to a source familiar with the deal. | | | | | DUBAI (Reuters) - Mubadala , the Abu Dhabi government's investment vehicle, expects to spend about 20.1 billion dirhams ($5.47 billion) this year as its seeks to expand a diverse line of businesses ranging from oil and gas to semiconductors. | | | | | | | CAMBRIDGE, Massachusetts (Reuters) - General Electric Co could spend up to $1.5 billion on small takeovers to boost its presence in the data-analytics sector, a complement to the company's service business, a top executive said. | | | | | | AMSTERDAM (Reuters) - Dutch telecom KPN NV hit back at a surprise move by America Movil to raise its stake in the group, saying the Mexican company's 3.2 billion euro ($4.2 billion) offer was substantially undervalued. | | | | | | BOSTON (Reuters) - Facebook Inc's initial public offering pitch played to some bad reviews in New York, so for its Boston audience on Tuesday, the 30-minute video was scrapped and the company took more questions from analysts and potential investors. | | | | | | | 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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