| | | PARIS (Reuters) - French bank Societe Generale on Wednesday confirmed that it was in talks on a potential sale of its Greek unit Geniki Bank to Piraeus Bank, saying the discussions were at an "advanced stage". | | | | KUALA LUMPUR (Reuters) - Shareholders in Canada's Progress Energy Resources Corp have approved a takeover bid from Malaysia's state oil company Petronas at C$22.00 a share, or near C$6 billion ($6.09 billion) including debt, Progress said. | | | | | BRUSSELS (Reuters) - EU antitrust regulators opened on Wednesday, as expected, an in-depth investigation into Ryanair's 700 million euro takeover bid for Aer Lingus , saying the deal may reduce competition on a significant number of overlapping routes. | | | | | | | HONG KONG (Reuters) - ING is exploring a separate sale of its roughly $1 billion Hong Kong insurance business, sources said, a move that could further complicate the auction of its Asian operations. | | | | | WARSAW (Reuters) - Luis Amaral, the controlling shareholder of Polish retail group Eurocash , is seeking to sell a 5 percent stake to institutional investors on Wednesday, market sources told Reuters. | | | | | ATHENS (Reuters) - Piraeus Bank is in talks to buy French peer Societe Generale's Greek unit Geniki , a Piraeus source said, as Greece's battered banking sector consolidates to cope with the country's debt crisis. | | | | | JOHANNESBURG (Reuters) - Harmony Gold Mining , South Africa's third-largest gold producer, said Papua New Guinea would have to pay if it wanted a stake in the company's promising Golpu project in the Asian country. | | | | | OSAKA (Reuters) - Daikin Industries Ltd will buy Goodman Global Inc for $3.8 billion, gaining greater access to the North American market and making the Japanese company the world's largest maker of heating, ventilation and air-conditioning (HVAC) systems. | | | | TOKYO (Reuters) - Private equity firm KKR is in talks to invest about 100 billion yen ($1.3 billion) for control of Japan's Renesas Electronics Corp, sources said on Wednesday, offering a lifeline to the struggling chipmaker and pushing its shares up 35 percent. | | | | SINGAPORE (Reuters) - Thai Beverage raised its stake in Fraser and Neave (F&N) to just below the level that would trigger a mandatory offer for the whole conglomerate, further challenging Heineken's bid for the group's crown jewel Asia Pacific Breweries (APB) . | | | | | | | 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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