| | | HONG KONG (Reuters) - The Hong Kong stock exchange on Friday agreed to pay 1.4 billion pounds ($2.18 billion) to buy the London Metal Exchange (LME), in a deal that gives Asia's largest bourse a much needed entry into a commodity trading platform, and brings LME members closer to China, the world's biggest metals buyer. | | | | COPENHAGEN (Reuters) - APM Terminals, the ports arm of Denmark's A.P. Moller-Maersk , will take a one-fourth stake in a project to expand China's Ningbo Port with total investments of 4.29 billion yuan ($673.4 million), the companies said on Friday. | | | | | KUALA LUMPUR (Reuters) - Malaysian tycoon Ananda Krishnan plans to re-list Astro All Asia Networks by end-September in a deal that would give the pay-TV firm a market capitalization of up to 15 billion ringgit ($4.7 billion), according to two sources with direct knowledge of the flotation. | | | | | TUAPSE, Russia (Reuters) - Rosneft and ExxonMobil signed a deal on Friday on joint development of Western Siberia's substantial tight oil resources, a Reuters correspondent reported from the ceremony. | | | | | WARSAW (Reuters) - Poland's top chemicals maker Azoty Tarnow said on Friday it would seek shareholder backing for a giant share issue as it sets up defenses against a $440 million unsolicited offer by Russian rival Acron . | | | | | | | BEIRUT (Reuters) - Blominvest Bank said on Friday it had raised its investment rating on shares in Lebanese real estate firm Solidere to "accumulate" and recommended a target price of $14.80. | | | | | LONDON (Reuters) - Brookfield Office Properties is in exclusive talks to buy British developer Hammerson's London office portfolio for more than 500 million pounds ($777.2 million), a source familiar with the deal told Reuters. | | | | | (Reuters) - Investment firm MHR Fund Management LLC reported a 13.6 percent stake in Navistar International Corp and said it may seek talks with the management of the troubled truck and engine maker. | | | | VIENNA (Reuters) - Carlos Slim's America Movil (AMX) has agreed to buy 21 percent of Telekom Austria , the Mexican tycoon's latest move to expand his empire into Europe by scooping up the beaten-down shares of distressed telecom companies. | | | | PARIS (Reuters) - Carrefour , Europe's biggest retailer, is selling out of Greece in a sign companies are finding it increasingly difficult to do business in a country where demand has plunged due to a debt crisis and whose future in the euro is at risk. | | | | | | | 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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