  | | | | (Reuters) - News Corp is expected to announce this week that it has taken a minority stake in the YES Network, a New York-based sports channel that broadcasts Yankee baseball and Nets basketball games. The deal could be announced as early as Friday, according to a person with knowledge of the transaction. | | |  | | | | GENEVA (Reuters) - Lacoste has been bought by Swiss family-held group Maus Freres in a deal which valued the French sportswear and fashion maker at 1 billion euros ($1.3 billion), Maus Freres said on Thursday. | | | | | | BRUSSELS (Reuters) - Glencore has offered to sell takeover target Xstrata's German smelter after EU antitrust regulators said its earlier offer to scrap a key zinc sales deal was not sufficient, two people familiar with the matter said on Thursday. | | | |  | | | | BRUSSELS (Reuters) - Belgium and France are set to own almost 96 percent of Dexia , with the free float slipping to 1.9 percent, after the two nations agreed to keep the lender afloat with 5.5 billion euros ($7.0 billion) of fresh funds. | | | |  | | | | HONG KONG (Reuters) - Chinese state-owned insurer PICC Group is in talks with American International Group Inc and others to become cornerstone investors for its planned Hong Kong listing worth up to $4 billion, in what will be the city's biggest IPO in two years. | | | |  | | | | LONDON (Reuters) - Commodity trader Glencore's $32 billion takeover of miner Xstrata looked set to go ahead after Qatar Holdings - the bid target's second-largest shareholder - backed the deal. | | | | | | (Reuters) - Targa Resources Partners LP said it will buy Williston Basin crude oil pipeline and terminal system and related assets in North Dakota from Saddle Butte Pipeline LLC for $950 million. | | | | | | JERUSALEM (Reuters) - Teva Pharmaceutical Industries , the world's largest generics drugmaker, is a leading candidate to buy Irish biopharmaceutical company Amarin , Israel's Calcalist financial daily reported on Thursday. | | | | | HONG KONG (Reuters) - Bangkok skytrain operator BTS Group Holdings Pcl has appointed Morgan Stanley , Phatra Securities and UBS as joint bookrunners for a planned 33.3 billion baht ($1.08 billion) IPO of an infrastructure fund it is setting up, IFR reported on Thursday, citing sources. | | | | | | PARIS (Reuters) - Egyptian businessman Naguib Sawiris is interested in buying the SFR telecom business from French group Vivendi , which is in the midst of a strategy review and working on asset sales, the Financial Times reported on Thursday. | | | |  |  | | | 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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