| | | (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. | | | | 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. | | | | | 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. | | | | | 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. | | | | | 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. | | | | | 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. | | | | | 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. | | | | | 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. | | | | 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. | | | | | | 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. | | | | | | | 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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