  | | | | TOKYO/TAIPEI (Reuters) - Hon Hai Precision Industry Co Ltd's chairman is demanding a management role at Sharp Corp as part of an equity tie-up, stepping up the pressure on the Japanese TV maker to give him greater influence in the company in return for badly needed cash. | | |  | | | | FRANKFURT (Reuters) - German healthcare conglomerate Fresenius has dropped its attempt to take over Rhoen-Klinikum after two other companies bought stakes to block the 3.1 billion-euro ($3.9 billion) merger of Germany's two biggest private hospital operators. | | | | | | HONG KONG (Reuters) - China Investment Corp (CIC) has sold most of its stake in BlackRock Inc , the world's biggest asset manager, as part of a wider strategy to trim holdings in global financial institutions, the Financial Times reported on Monday. | | | | | | BRUSSELS (Reuters) - EU regulators will allow Universal Music Group to go ahead with its $1.9 billion takeover of EMI after Universal offered to sell global rights to EMI's most valuable record labels and catalogues, two people familiar with the deal said on Monday. | | | |  | | | | LONDON (Reuters) - Vodafone said it has agreed a deal with Kuwait-based telecoms operator Zain that would expand the global telecoms group's presence in the Middle East. | | | | | | HONG KONG (Reuters) - Chalco has dropped its $926 million bid for a majority stake in Mongolia-focused coal miner SouthGobi Resources Ltd in the face of stiff political opposition. | | | | | | STOCKHOLM (Reuters) - The buyer of bankrupt Saab completed the deal to acquire most of its assets in a step that advanced its plans to make electric vehicles but said it would not be able to use the Swedish automaker's distinctive griffin head logo. | | | | | | MILAN (Reuters) - Italy's Gruppo Campari , maker of the eponymous red aperitif, is buying Jamaican rum maker Lascelles de Mercado & Co to boost its presence in growing American markets, as sales in recession-hit Italy lose fizz. | | | | | FRANKFURT (Reuters) - Fresenius said it would lift its stake in Rhoen-Klinikum to more than 5 percent, after it dropped plans to take control over the rival hospitals operator. | | | | | | WELLINGTON, Sept 3 - Fletcher Building Limited today announced that it had entered into a conditional agreement to sell its electrical products distribution business Corys Electrical to Sonepar SA. | | | |  |  | | | 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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