RefBan

Referral Banners

Yashi

Thursday, August 2, 2012

Deals Today

Click to View in Browser
08/2/2012
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
Lowe's offers to buy Canada's Rona for C$1.8 billion
(Reuters) - Lowe's Cos , the world's No. 2 home improvement chain, wants to spend C$1.8 billion to buy Canadian competitor Rona Inc , but the struggling Canadian retailer publicly rejected the offer on Tuesday and said its own turnaround plan offered a better chance of success.
Mitsui extends loan period for Codelco's potential purchase of Anglo Sur
TOKYO (Reuters) - Japan's Mitsui & Co has agreed to extend by one month a loan commitment to Codelco to fund the possible purchase of a stake in Anglo American Plc's Chilean copper properties, which are the subject of a legal dispute, a source familiar with the deal said.
Packer media exit plan wins nod from Australian regulator
MELBOURNE (Reuters) - Australia's competition regulator said it would not oppose a $2.1 billion bid by Rupert Murdoch's News Corp for pay-TV stakeholder Consolidated Media Holdings , clearing the way for billionaire James Packer's exit from media as he pursues gaming.
3i takes debt management business to the U.S
LONDON (Reuters) - 3i Group, moving away from its traditional role as a private equity fund, on Thursday announced a joint venture with U.S. fund manager WCAS Fraser Sullivan Investment Management to build a global debt management business.
Chalco extends offer for SouthGobi amid political opposition
HONG KONG (Reuters) - Chalco said on Thursday it has decided to extend its offer for a majority stake in Mongolia-focused coal miner SouthGobi Resources Ltd for the second time, the Chinese aluminum giant said on Thursday, in the face of stiff political opposition in Mongolia.
Heineken bid for Singapore brewer comes to a head
SINGAPORE (Reuters) - A battle for control of Tiger Beer, 24 breweries in Asia and lucrative soft-drink brands should be decided by Friday as Fraser and Neave weighs a takeover bid by Heineken that could break up the Singapore beverage and property group.
With no bidders, South Korea suspends Woori sale
SEOUL (Reuters) - South Korea decided to suspend the sale of its 6 trillion won ($5.2 billion) controlling stake in Woori Finance Holdings after failing to evoke interest from potential buyers, a Financial Services Commission official said on Thursday.
Canadian miner First Quantum to invest $4 billion in Zambia
LUSAKA (Reuters) - Canada's First Quantum Minerals plans to invest more than $4 billion in a new mine and expansion projects in Zambia - Africa's top copper producer - in the next two to three years, a company official said.
Hanlong in talks to cut Sundance acquisition price
SYDNEY (Reuters) - China's Hanlong Group is in talks to reduce the A$1.7 billion price tag it agreed to pay for Australian iron ore miner Sundance Resources , following a drop in both Sundance's share price and the price of iron ore.
China investment into Inter Milan worth 55 million euros
MILAN (Reuters) - China Railway Construction's investment to acquire a 15 percent stake in Italy's premier league soccer club Inter Milan is worth 55 million euros ($67.63 million), two sources familiar with the situation told Reuters on Thursday.
Related Video
Breakingviews: Convertibility risk hard to measure
Macau casino revenue growth tanks, but don't bail yet
Related News
Six-week stimulus watch for Bernanke and Fed
Fed says economy may need help, keeps policy on hold
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Daily Investor Update
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Before the Bell
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
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika