| | MOSCOW (Reuters) - BP will press ahead and sell a stake in its Russian venture, a source close to the company said, despite a threat by its billionaire partners to block a deal that could pave the way for the Kremlin to cement its dominance over the country's vast energy sector. | |  | | | CAIRO (Reuters) - Shareholders of Egyptian investment bank EFG-Hermes voted on Saturday against a group of investors seeking to buy the bank, but the investors will appeal to Egypt's regulator to suspend the decision, the group targeting the bank said. | | | | | | (Reuters) - Health insurer WellPoint Inc plans to buy contact-lens and eyewear retailer 1-800 Contacts Inc for a transaction value close to $900 million, the Wall Street Journal reported, citing a person familiar with the matter. | | | | | | TEL AVIV (Reuters) - A deal for Hutchison Whampoa of Hong Kong to acquire control of Scailex , the parent of Israeli mobile phone operator Partner Communications , is expected to be signed within hours, Scailex said on Monday. | | | | | | FRANKFURT (Reuters) - Lufthansa is planning to sell off its LSG Sky Chefs and IT Services units, the Financial Times Deutschland newspaper said on Monday. | | | | | | (Reuters) - Web-based software maker Salesforce.com Inc said it will buy social media marketing company Buddy Media for about $689 million in cash and stock, and cut its full-year earnings per share forecast as a result of the deal. | | | | | | MELBOURNE (Reuters) - Australia's Brambles Ltd , the world's biggest pallet supplier, said on Monday it was scrapping a planned sale of its $2 billion Recall information management business because of low offers, adding to a long list of deals pulled due to choppy markets. | | | | | | MUMBAI (Reuters) - U.S. private equity firm Warburg Pincus LLC has agreed to buy a controlling stake in Indian financial services company Future Capital Holdings for 5.5 billion rupees ($98.8 million), a source with direct knowledge said on Monday. | | | | | MUMBAI (Reuters) - Templeton Asset Management Ltd is trying to block a planned merger between India's Sesa Goa and Sterlite Industries , both of which are controlled by miner Vedanta Resources , the Economic Times newspaper reported on Saturday, citing unnamed sources. | | | | | | JEDDAH, Saudi Arabia (Reuters) - Saudi Arabian Mining Company (MAADEN) has received bank commitments for its 7 billion riyal ($1.87 billion) Murabaha revolver loan with a tenure of five years, the firm said in a statement to the bourse on Saturday. | | | |  |  | | | 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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