| | NEW YORK (Reuters) - Best Buy Co Inc founder Richard Schulze and at least four private equity firms have started examining the books of the world's largest consumer electronics chain, early steps toward what could become a potential $11 billion buyout, according to people familiar with the matter. | |  | | | (Reuters) - Timeweave Plc , which owns half of a television channel which broadcasts horse racing to betting shops, said it recommended British billionaire Joe Lewis' 50 million pound ($80.69 million) offer for the company. | | | | | | ASTANA (Reuters) - Kazakhstan's oil pipeline monopoly plans to raise more than $100 million through an initial public share offering (IPO) as part of the central Asian country's "people's IPO" program, the deputy head of its parent company said. | | | | | | BRUSSELS (Reuters) - Heineken NV said on Wednesday it had canceled a 2.5 billion euro bridge loan to fund its acquisition of Asia Pacific Breweries after the issue of dollar-denominated notes. | | | | | | LONDON (Reuters) - Britain scrapped a 6 billion pound ($9.7 billion) deal on Wednesday to award one of the country's biggest railway franchises to FirstGroup Plc , blaming government officials for serious mistakes in the bidding process. | | | | | | PARIS (Reuters) - French state-owned bank Caisse des Depots et Consignations (CDC) is close to a deal with partner Veolia Environnement to win control of their Veolia Transdev transport joint venture, two newspapers reported. | | | | | | LONDON (Reuters) - Trader Glencore has formally notified the European Commission of its $33 billion plan to take over miner Xstrata , sources familiar with the matter said, after months of preliminary talks designed to pave the way for a swift approval. | | | | | | (Reuters) - Amerigroup Corp said it has delayed a stockholder approval vote on the $4.5 billion sale of the health insurer to WellPoint Inc by two weeks after shareholders sued Amerigroup's board. | | | | | FRANKFURT/NEW YORK (Reuters) - Deutsche Telekom is in talks to merge its T-Mobile USA unit with smaller rival MetroPCS, in a move that could pave the way for the German company to eventually exit the U.S. wireless market. | | | | | | NEW YORK (Reuters) - Carlyle Group LP said on Tuesday it had bought a majority stake in a commodities-trading hedge fund manager, its biggest leap yet in an expansion that has seen it diversify from private equity into other alternative asset classes. | | | |  |  | | | 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