| | | (Reuters) - Singapore's Fraser and Neave Ltd set a Sept 28 vote for shareholders to approve the sale of a 40 percent stake in Asia Pacific Breweries Ltd to Heineken, saying the Dutch brewer had a right of first refusal on most of the APB shares that made its offer the best deal in a takeover battle. | | | | | | HONG KONG (Reuters) - American International Group Inc launched on Thursday the sale of a partial stake in Asia insurer AIA and detailed a plan to repurchase up to $5 billion of its stock from the U.S. government. | | | | | MELBOURNE (Reuters) - U.S. private equity firm Bain Capital LLC has matched a $700 million takeover offer for Australia's Billabong International Ltd from TPG Capital , sources familiar with the matter said, improving the odds the struggling surfwear brand will agree to a sale. | | | | | SYDNEY (Reuters) - Almost $15 billion of resources deals in Australia have been delayed or derailed since January due to a sharper-than-expected decline in commodity prices and Chinese demand, with transactions set to hit their lowest level since 2009. | | | | | | | SYDNEY (Reuters) - Australia's struggling Qantas Airways has agreed to a 10-year alliance with Dubai's Emirates , a key step in the carrier's efforts to shore up its loss-making international business. | | | | | SHANGHAI (Reuters) - China National Biotec Group, the country's largest provider of vaccines and blood products, secured approval on Thursday from the environment ministry to raise up to 10 billion yuan ($1.58 billion) in a Hong Kong IPO. | | | | | VLADIVOSTOK, Russia (Reuters) - Russian oil major Rosneft will invest 173 billion roubles ($5.36 billion) to build a petrochemical plant in the Far East, CEO Igor Sechin said on Thursday. | | | | | MILAN (Reuters) - Italy's Luxottica , the world's biggest eyewear maker, is not in talks to sell its U.S. retail unit Sears Optical , Chief Executive Andrea Guerra said in an interview with Reuters, quashing an Italian media report. | | | | | | ROME (Reuters) - Commodities giant Glencore is ready to make a formal offer for the loss-making Alcoa aluminum works in Portovesme in Sardinia, Sky TV Italy reported on Wednesday. | | | | VLADIVOSTOK, Russia (Reuters) - Russia's Rosneft has taken a time out in talks on acquiring a stake in TNK-BP to avoid falling foul of a shareholder's agreement between its current owners, BP and a group of Russian tycoons known as AAR. | | | | | | | 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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