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Wednesday, May 23, 2012

Deals Today

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05/23/2012
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
Regulators, investors turn up heat over Facebook IPO
(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange.
PTT's $1.9 billion bid for Cove trumps Shell
LONDON (Reuters) - Thailand's PTT Exploration and Production has trumped Royal Dutch Shell's bid for Mozambique-focused explorer Cove Energy by offering 1.22 billion pounds ($1.9 billion), highlighting international interest in East African gas finds.
Burberry to invest in new, bigger stores
LONDON (Reuters) - British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million pounds ($316 million) in new outlets and expanding existing stores in London, Chicago and Hong Kong.
Japan's Dentsu to buy 15 percent stake in Kakaku.com from CCC
TOKYO (Reuters) - Japanese advertising agency Dentsu said on Wednesday it will purchase a 15.06 percent stake in Internet site operator Kakaku.com from Culture Convenience Club (CCC).
Cargill in new approach to buy Goodman Fielder oils arm
MELBOURNE (Reuters) - Commodities firm Cargill is looking to buy Goodman Fielder's edible fats and oils business, reviving a deal that Australia's competition watchdog rejected two years ago, the agency revealed on Wednesday.
E.ON waste burning ops draw lukewarm bids: sources
FRANKFURT (Reuters) - German utility E.ON has drawn lukewarm interest in the sale of its Energy from Waste unit, with bids unlikely to top 800 million to 1 billion euros (1.0-1.3 billion), three people familiar with the sales process said.
India's Jet likely to order 100 planes for $3.75 billion: CAPA
NEW DELHI (Reuters) - Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012/13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy said.
Mazda, Fiat to work together on MX-5-based roadster
TOKYO (Reuters) - Mazda Motor Corp and Fiat SpA said on Wednesday they have signed a non-binding MOU (memorandum of understanding) to develop and manufacture a new roadster for the Mazda and Alfa Romeo brands based on Mazda's next-generation MX-5 platform.
Technip awarded two subsea contracts in Gulf of Mexico
PARIS (Reuters) - France's Technip said on Wednesday it has been awarded two subsea contracts to build a series of rigid pipelines in the Gulf of Mexico worth 105 million euros ($133.96 million).
SAP to buy Ariba, boosts cloud bet
SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market.
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