| SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. | | | | LONDON (Reuters) - British bank Barclays said it is to sell its 19.6 percent holding in U.S. asset manager BlackRock, worth $6.1 billion and which it has held for almost three years. | | | | | HONG KONG (Reuters) - Motor racing business Formula One will start pre-marketing for its up to $3 billion Singapore initial public offering on May 22 after receiving approval from the city's stock exchange for the deal, sources with direct knowledge of the plans said on Monday. | | | | | (Reuters) - DaVita Inc , the biggest U.S. operator of dialysis clinics, has agreed to buy privately-held HealthCare Partners for about $4.42 billion in cash and stock to expand into new markets to help offset potential revenue pressures in its main business. | | | | | (Reuters) - Billionaire investor Carl Icahn said he has raised his stake in oil refiner CVR Energy Inc to 80 percent through an extended tender offer. | | | | | LONDON (Reuters) - Britain's Cable & Wireless Worldwide posted a 14 percent drop in core earnings, and said a 1 billion pounds ($1.58 billion) takeover from Vodafone was a better option than a recovery plan in the continued challenging trading. | | | | | (Reuters) - NGL Energy Partners LP said it will buy equity interests in High Sierra Energy LP and its general partner for $693 million to add crude oil transportation and water treatment services to its offering. | | | | | SAO PAULO/PARIS (Reuters) - After more than a decade of legal maneuvering that culminated in a bitter boardroom fight, France's Casino is finally taking control of Brazil's biggest retailer, Pão de Açúcar. | | | | VIENNA (Reuters) - Nationalised Austrian lender Hypo Alpe Adria has launched the sale of its southeastern Europe banking network by picking Deutsche Bank to run a deal it hopes will raise at least 1.5 billion euros ($1.9 billion). | | | | BEIJING/HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group agreed to buy AMC Entertainment for $2.6 billion, including debt, making it the biggest theater operator in the United States. | | | | | | | 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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