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Thursday, May 10, 2012

Deals Today

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05/10/2012
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
Shell, Chevron likely to win Ukraine shale gas deals-source
KIEV (Reuters) - Shell and Chevron are likely to win tenders to explore and develop two potentially large shale gas fields in Ukraine, outbidding Eni, Exxon Mobil and TNK-BP, a government source told Reuters on Thursday.
HSBC in talks to sell 4 more LatAm businesses
HONG KONG/LONDON (Reuters) - HSBC plc is in talks to sell its operations in Colombia, Peru, Uruguay and Paraguay, as Europe's biggest bank continues to retreat from countries where it is too small or it does not see strong enough growth.
PetroChina in talks to buy Valero's Aruba refinery: sources
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.
Wing Tai shares jump 15 percent on chairman's acquisition plan
SINGAPORE (Reuters) - Shares of Singapore property developer Wing Tai Holdings Ltd jumped as much as 15 percent to a three-month high, after its chairman offered to buy about 15 percent of shares in the firm he did not already control.
Gulf Keystone denies fundraising speculation
(Reuters) - Oil and gas company Gulf Keystone Petroleum Ltd denied speculation on bulletin boards and social media websites that it planned a placement of its stock at 160 pence apiece.
Dangote to spend $7.5 billion on expansion
ADDIS ABABA (Reuters) - Nigerian billionaire Aliko Dangote said his conglomerate needed to spend $7.5 billion over the next four years to expand operations in a range of sectors.
Micron in talks to acquire Elpida, companies say
TOKYO (Reuters) - Micron Technology is in talks to acquire Elpida Memory Inc's business, the companies said on Thursday, as the Japanese chipmaker tries to restructure after tough market conditions and stiff global competition drove it into bankruptcy protection.
Mozambique government gives Shell nod to buy Cove
LONDON (Reuters) - Shell moved a step closer to acquiring Cove Energy after Mozambique gave the deal the green light, removing one of the conditions of a takeover which will see the oil major access East Africa's huge gas reserves.
GSW, Whitehall eye German Barclays properties: paper
FRANKFURT (Reuters) - German real estate group GSW and its former owner Whitehall Funds are bidding almost 1 billion euros ($1.3 billion) for a German real estate portfolio owned by Barclays , a newspaper report said on Thursday.
Chile LAN launches share swap to take over Brazil TAM
SANTIAGO (Reuters) - Chile's LAN Airlines said on Wednesday it had launched a share swap offer in the final stage of its takeover of Brazil's TAM to create LATAM Airlines Group, the largest carrier in Latin America and one of the world's biggest airlines.
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