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Monday, May 28, 2012

Deals Today

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05/28/2012
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
JPMorgan injects $400 million into China unit, eyes expansion
SHANGHAI (Reuters) - JPMorgan Chase & Co has injected 2.5 billion yuan ($394.08 million) into its China unit, the latest foreign bank to beef up its Chinese operations.
Deutsche Wohnen buys German flats from Barclays
FRANKFURT (Reuters) - German real estate group Deutsche Wohnen said it has agreed to buy a real estate portfolio valued at about 1.24 billion euros ($1.55 billion) from Barclays .
Diageo taps into Brazil growth with cachaca buy
LONDON (Reuters) - British drinks group Diageo is buying a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million), boosting its expansion in fast-growing emerging markets while it fights for a bigger prize in tequila.
China's Yuexiu sells world's 10th-tallest skyscraper to REIT for $1.4 billion
HONG KONG (Reuters) - Chinese developer Yuexiu Property said on Monday it sold one of the world's tallest buildings, a skyscraper in the southern city of Guangzhou, into its affiliated real estate investment trust for 8.85 billion yuan ($1.4 billion).
Malaysia's RHB, OSK sign $620 million merger deal
KUALA LUMPUR (Reuters) - Malaysia's RHB Capital Bhd and OSK Holdings Bhd said on Monday they had signed a 1.95 billion ringgit ($620 million) merger deal that values OSK's investment banking arm at 1.77 times book value.
Xstrata plans big bonus to retain CEO ahead of Glencore merger: FT
LONDON (Reuters) - Xstrata is this week set to reveal a bonus package worth tens of millions of pounds in an effort to retain its chief executive ahead of its merger with Glencore , the Financial Times reported on Monday.
PGE mulls 2 bln euros eurodebt issue program: paper
WARSAW (Reuters) - Poland's No.1 utility PGE is preparing ground for an eurodebt issue program worth 2 billion euros ($2.5 billion), but has no plans to use it in the near future, the group's deputy chief was quoted as saying on Monday.
Turkey's Halkbank says not in talks with Mubadala
ISTANBUL (Reuters) - Turkey's state-owned Halkbank is not holding direct talks with Mubadala , the Abu Dhabi government's investment fund, Halkbank general manager Suleyman Aslan told Reuters on Monday, in response to earlier media reports that Mubadala was in talks to acquire Halkbank.
Bankers branch out as equity activity dries up
LONDON (Reuters) - Faced with depressed share sale activity in Europe this year, investment bankers are having to find other ways to justify their salaries and avoid potential redundancies.
China's GCL-Poly Energy aims to expand solar farm business
HONG KONG (Reuters) - Chinese polysilicon company GCL-Poly Energy Holdings Ltd said on Monday that it plans to expand its solar farm business in China, the United States and in emerging markets.
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