| | | HONG KONG (Reuters) - Sinopec Corp and ENN Energy Holdings are finding the odds increasingly stacked against them in their $2.2 billion bid for China Gas Holdings as regulatory hurdles remain uncrossed and key shareholders of the target company place new obstacles in their way. | | | | | | LONDON (Reuters) - HSBC Bank said on Thursday it had reached a deal to sell HSBC Shipping Services Ltd to the ship broking and consultancy unit's management team. | | | | | NEW YORK (Reuters) - Bain Capital LLC and Thomas H. Lee Partners LP are among several parties that have put in initial bids for McGraw-Hill Companies Inc's education business, which could value the world's second-largest education company by sales at around $3 billion, several sources familiar with the matter said. | | | | | LONDON (Reuters) - Global brewer Heineken agreed a $4 billion-plus deal on Friday to take control of Asia Pacific Breweries (APB) by agreeing to buy a stake in the Singapore-based brewer from partner Fraser and Neave (F&N) , said sources with knowledge of the situation. | | | | | | | SINGAPORE/LONDON (Reuters) - Heineken won control on Friday of the Asian brewing group which makes Tiger beer when Singapore's Fraser and Neave (F&N) agreed to sell its stake in the firm for over $4 billion, sources with knowledge of the situation said. | | | | | LONDON (Reuters) - GlaxoSmithKline has completed its $3 billion acquisition of long-time biotech partner Human Genome Sciences, after buying all the outstanding shares for $14.25 each in cash, Britain's biggest drugmaker said on Friday. | | | | | PARIS (Reuters) - French engineering company Schneider Electric has received two offers in a second round of bidding for its U.S.-based sensors subsidiary, daily Les Echos said on Friday. | | | | | (Reuters) - Fertilizer producer CF Industries Holdings Inc said it inked a deal with Glencore International to buy a minority stake in Canadian Fertilizers Ltd (CFL) owned by Viterra for C$915 million ($911 million) in cash. | | | | TOKYO (Reuters) - Japan Airlines said on Friday it expected to raise about $8.5 billion in an initial public offering next month, nearly doubling the investment of a state-backed fund that injected capital into the carrier following its bankruptcy in 2010. | | | | HONG KONG (Reuters) - China Telecom Corp Ltd , the smallest of the country's three carriers, plans to pay more than 120 billion yuan ($19 billion) for its parent's 3G assets, a price that surpasses their combined book value, two sources familiar with the matter said. | | | | | | | 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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