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Wednesday, June 13, 2012

Deals Today

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06/13/2012
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
Bankrupt carmaker Saab finds a buyer
STOCKHOLM (Reuters) - Bankrupt Swedish automaker Saab has found a buyer, the administrator said on Wednesday, with media naming a Swedish-Chinese group as the investor.
EU objections to Universal/EMI deal in coming days: source
BRUSSELS (Reuters) - EU antitrust regulators are expected to set out their objections to Universal Music Group's $1.9 billion bid for rival EMI's recorded music unit in the coming days, a person familiar with the matter said on Wednesday.
Dealtalk: Private equity courts pension funds for M&A finance
LONDON (Reuters) - Starved of finance from hard-pressed banks, private equity firms in Europe are sounding out yield-hungry pension funds, insurers and sovereign wealth funds as alternative sources of the finance they need to do deals.
Cairn buys second North Sea firm in $644 million deal
LONDON (Reuters) - British oil firm Cairn Energy said it agreed to buy UK-focused Nautical Petroleum for 414 million pounds ($644 million), its second North Sea acquisition as part of a move to balance its high-risk exploration strategy in Greenland.
Vestas sells factory to Titan Wind Energy
COPENHAGEN (Reuters) - Danish wind turbine maker Vestas Wind Systems is to sell a tower factory in Denmark to Chinese group Titan Wind Energy for an undisclosed sum, allowing the world's biggest wind turbine maker to cut costs.
Upsher-Smith to pay up to $555 million for Proximagen
LONDON (Reuters) - U.S. drugmaker Upsher-Smith Laboratories is to buy British group Proximagen for 223 million pounds ($347 million) plus further payments potentially worth up to 134 million based on the success of two experimental drugs.
Yahoo and CNBC form content partnership
(Reuters) - Yahoo Inc and CNBC have formed a content sharing partnership, the companies said on Wednesday.
Statoil buys Peregrino oil vessel from Maersk
OSLO (Reuters) - Norwegian oil company Statoil and China's Sinochem agreed to buy the Peregrino floating production, storage and offloading (FPSO) vessel from Maersk , the companies said on Tuesday.
Mexico's Iusacell to enter deal with Spain's Telefonica
MEXICO CITY (Reuters) - Mexico's Iusacell said on Tuesday it will announce a deal with Spain's Telefonica, an agreement that takes place as the Mexican cellphone company waits to learn whether regulators approved the sale of half of the firm to broadcaster Televisa.
Johnson & Johnson now expects Synthes deal to boost profit
(Reuters) - Johnson & Johnson said it expects to complete its $19.7 billion purchase of Swiss medical device maker Synthes on Thursday and that the deal will slightly boost company profit this year, rather than being a moderate drag on earnings as previously expected.
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