| | | MOSCOW (Reuters) - Russia's top lender Sberbank may sign a preliminary agreement to buy Turkey's Denizbank on June 7-8, a source close to the deal negotiations told Reuters, furthering its expansion in emerging markets. | | | | | | HONG KONG (Reuters) - Private equity property funds run by Blackstone and Morgan Stanley have agreed to pay A$640 million ($621 million) to acquire a A$1.9 billion portfolio of distressed property loans in Australia from a unit of Lloyds Banking Group , two sources with knowledge of the transaction said. | | | | | | | LONDON (Reuters) - BP put its half-share of its huge Russian joint venture up for sale on Friday, a bold step that would abandon nearly a third of BP's output, cut it loose from hostile partners and let the Russian state tighten its grip on the world's biggest oil industry. | | | | | TOKYO (Reuters) - Japanese buyout firm Unison Capital is seeking a buyer for its popular sushi restaurant chain Akindo Sushiro, in a transaction that could be worth as much as 70 billion yen ($893 million) and mark one of the largest private equity sales in the country in recent years, two sources said. | | | | | | | AMSTERDAM (Reuters) - Dutch telecoms group KPN , target of Mexican tycoon Carlos Slim's telecoms group America Movil , on Friday advised its shareholders not to accept the Mexican offer to obtain a stake in KPN. | | | | | MADRID (Reuters) - Spain's Telefonica is not going to bid for Dutch telecoms group KPN's German business E-Plus, a spokesman said on Friday, denying reports on Dutch public broadcaster NOS. | | | | | TOKYO (Reuters) - Activia Properties Inc, a Japanese real estate trust affiliated with Tokyu Land Corp , set the price for its initial public offering at the bottom of an indicative range on Friday, reflecting recent weakness in the stock market. | | | | | | | SEOUL (Reuters) - Hyundai Engineering & Construction said on Friday that it had won a 1.16 trillion Korean won ($983 million) order to reconstruct and upgrade an expressway in Qatar from the Arab country's Public Works Authority. | | | | | | (Reuters) - Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals. | | | | LONDON (Reuters) - Fledgling banking venture NBNK said the UK financial regulator was happy with its plans so far to buy 632 branches from Lloyds , paving the way for it to emerge as a credible alternative to rival bidder, The Co-op . | | | | | | | 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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