| | | WASHINGTON (Reuters) - On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry. | | | | TOKYO (Reuters) - A group of Japanese firms is in talks to pay $4.4 billion for a stake in Australia's Wheatstone gas field that had been set aside for bailed-out nuclear operator Tepco, as the country looks to shore up long-term energy supplies. | | | | | | | AMSTERDAM (Reuters) - Investment bank Morgan Stanley has cut its stake in KPN , the Dutch telecoms group that Mexican Carlos Slim, the world's richest person, has targeted as a long-term investment and a stepping stone into Europe. | | | | | MUMBAI (Reuters) - Indian drugmaker Piramal Healthcare has agreed to buy a U.S.-based healthcare data provider for $635 million to boost research and development, the company said on Wednesday, a month after it acquired the new molecules division of Germany's Bayer's. | | | | | PARIS (Reuters) - French electrical materials supplier Rexel has agreed to buy Platt Electric Supply, an independent distributor of electrical products and services in the western United States, in a deal with an enterprise value of 300 million euros ($383 million). | | | | | ZURICH (Reuters) - Swiss dental implants maker Straumann is buying a 49 percent stake in Brazil's Neodent for 260 million Swiss francs ($277 million), a pricey attempt to expand in a booming market for cosmetic surgery and offset sluggish demand in Europe. | | | | | | | (Reuters) - General Electric Co said on Tuesday it was buying two mining equipment firms, Australia's Industrea Ltd for $700 million as well as a privately held U.S. company, as it seeks to boost its presence in a $61 billion industry. | | | | | | | (Reuters) - Berkshire Hathaway added new positions in automaker General Motors and media conglomerate Viacom in the first quarter and cut its stake in chipmaker Intel by 33 percent, the conglomerate said in a quarterly holdings statement on Tuesday. | | | | | | (Reuters) - Activist investor Relational Investors LLC disclosed its stake in PepsiCo Inc on Tuesday, a move that could put more pressure on the company as it works to improve performance in its North American soft drink business. | | | | | | LONDON (Reuters) - Lufthansa is interested in purchasing Portugal's flag carrier that is set to be privatized this year, the Financial Times reported on Wednesday. | | | | | | | 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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