| | HONG KONG (Reuters) - U.S. buyout fund Carlyle Group and some of China's top private equity funds are targeting the biggest ever delisting of a New York-listed Chinese company, attempting to privatize a firm directly targeted by shortseller Muddy Waters. | |  |  | | | | HOUSTON (Reuters) - Tesoro Corp has agreed to buy BP's Carson plant for $2.5 billion, creating the biggest U.S. oil-refining empire in the Pacific Basin with about a quarter of California's processing capacity, but the deal could trigger regulatory alarms. | | | |  | | | | DUBAI (Reuters) - BNP Paribas will seek preliminary bids for its Egyptian retail banking business in the next two weeks, sources aware of the matter said on Tuesday, in a deal likely to generate over $400 million for the French lender. | | | | | | KUALA LUMPUR/SINGAPORE (Reuters) - Malaysian builder MMC Corp Bhd has hired four joint global coordinators for a $1 billion IPO of its 51 percent-owned power unit, Malakoff Corp Bhd, two sources with direct knowledge of the matter told Reuters. | | | | | | HONG KONG (Reuters) - Mongolia-focused coal miner SouthGobi Resources Ltd said on Tuesday that it expects China's state-controlled Chalco to drop its $926 million takeover bid in the face of opposition from the Mongolian government. | | | | | | FRANKFURT (Reuters) - Private equity investor Advent is aiming to take a majority stake in German books-to-perfumes retailer Douglas Holding AG , several people familiar with the matter said on Tuesday, the latest suitor to try its hand. | | | | | | OSLO (Reuters) - Norwegian oil firm Statoil has sold a 25 percent stake in an exploration license in the gas-rich prospects offshore Mozambique to Tullow Oil , completing a deal flagged in April, it said on Tuesday. | | | | | | HONG KONG (Reuters) - China Mengniu Dairy has held talks about buying China's largest raw milk producer, KKR & Co-backed China Modern Dairy Holdings Ltd , a media report said on Tuesday. | | | | | (Reuters) - Agrium Inc , North America's biggest retail supplier of farm products and services, moved to fend off pressure from activist investor Jana Partners LLC by saying the company will not spin off its retail operations. | | | | | | JAKARTA (Reuters) - Indonesia's state electricity utility, Perusahaan Listrik Negara(PLN), expects its coal needs to double within seven years and may invest up to $1 billion to buy stakes in local miners to ensure access to supplies. | | | |  |  | | | 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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