| | | (Reuters) - Plains Exploration & Production Co said it will buy BP Plc's interests in some deepwater Gulf of Mexico oil and gas properties for $5.55 billion. | | | | | | LONDON (Reuters) - Commodities trader Glencore laid out its raised $36 billion all-share bid for Xstrata on Monday, warning it would not improve the terms again after making concessions to recalcitrant shareholders. | | | | | MOSCOW/COPENHAGEN (Reuters) - APM Terminals, the ports arm of Danish shipping group A.P. Moller-Maersk , is to buy a 37.5 percent stake in Russia's Global Ports from N-Trans for $860 million to establish a foothold in the Russian cargo market. | | | | | (Reuters) - Transocean Ltd , the world's largest offshore driller, will sell 38 shallow-water drilling rigs to a Dubai-based firm for $1.05 billion to concentrate on high-specification floaters and jackups. | | | | | | | BANGALORE (Reuters) - Infosys Ltd has agreed to buy Lodestone Holding AG in a deal valued at 330 million Swiss francs ($349.58 million), as India's No. 2 software services exporter strives to boost income from higher value services and accelerate growth. | | | | | HONG KONG/SINGAPORE (Reuters) - Thai Beverage PCL is seeking a loan of around S$9 billion ($7.3 billion) to fund a possible takeover of Singapore drinks-and-property group Fraser and Neave Ltd (F&N) in a deal that will give it the right to block rival Heineken NV's bid for F&N's key beer business. | | | | | LONDON (Reuters) - AstraZeneca raised its bet on the Chinese drugs market on Monday by clinching a joint venture deal with local firm WuXi AppTec to develop a novel biotech medicine in the country, speeding its path to market. | | | | | TEL AVIV (Reuters) - A partnership between defense electronics firm Elbit Systems and Israel Aerospace Industries (IAI) established to perform the Israeli Air Forces' future trainer program reached an agreement with the Defense Ministry for a contract worth $603 million. | | | | | | WELLINGTON/HONG KONG (Reuters) - China's Haier Group, parent of Carlyle-backed Haier Electronics , is looking at a takeover of New Zealand's Fisher and Paykel Appliances Ltd , in a deal that could value the dishwasher and washing machine maker at some $600 million. | | | | | | WASHINGTON (Reuters) - The Federal Reserve looks set to launch a third round of bond purchases this week to try to drive borrowing costs lower and breathe more life into an economy that is not growing fast enough to lower unemployment. | | | | | | | 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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