| | | SINGAPORE/HONG KONG (Reuters) - General Electric Co has hired Morgan Stanley to review its 33 percent stake in Thailand's Bank of Ayudhya Pcl, which could potentially lead to a sale by the U.S. conglomerate of its near $2.2 billion holding, sources familiar with the matter said. | | | | | | (Reuters) - Lowe's Cos Inc said on Monday that it had withdrawn its C$1.8 billion ($1.86 billion) offer to acquire Canadian competitor Rona Inc after stiff opposition to the unsolicited bid. | | | | | MELBOURNE (Reuters) - Australian surfwear company Rip Curl said it has received unsolicited approaches from several international companies wanting to invest in the privately held firm, in a deal that could fetch up to A$480 million ($506 million). | | | | | MOSCOW (Reuters) - Russia pulled the trigger on the sale of a $5 billion stake in Sberbank on Monday, taking advantage of strong markets to cut the state's ownership in Europe's No.3 bank to a bare majority. | | | | | (Reuters) - Waste Connections Inc said it would acquire R360 Environmental Solutions Inc, a provider of non-hazardous oilfield waste treatment for about $1.3 billion in cash. | | | | | DUBAI (Reuters) - Essdar Capital Ltd, an advisory and investment firm backed by Abu Dhabi royals, said its management bought out its existing shareholders, in a rare management led buy-out of a specialist financial institution in the Middle East. | | | | | ISTANBUL (Reuters) - New York-based private equity firm General Atlantic LLC has invested $44 million for a minority stake in Turkey's yemeksepeti.com, an online food delivery business, the Turkish firm said in a statement on Monday. | | | | | (Reuters) - EPL Oil & Gas Inc said it will buy some shallow water Gulf of Mexico assets from privately held Hilcorp Energy for $550 million, nearly doubling its proved reserves. | | | | (Reuters) - Complete Genomics Inc said it would be bought by China's BGI-Shenzhen for $117.6 million, three months after the gene sequencing company started a strategic review. | | | | LONDON (Reuters) - British developer Hammerson has strengthened its hand in a long-running battle with Australian rival Westfield by buying a 25 percent stake in a shopping center that Westfield wants to develop into its third major London mall. | | | | | | | 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 | |
No comments:
Post a Comment