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	Click to View in Browser 05/3/2013 Glencore woos investors with promise of aggressive cuts LONDON (Reuters) - Glencore Xstrata told investors on Friday it would return cash, cut costs and sell off some assets, raising the possibility it would exceed planned synergies of $500 million. Qatar extends buying spree to India with $1.3 billion Bharti deal NEW DELHI/DUBAI (Reuters) - Gulf state Qatar has bought a 5 percent stake in Indian telecoms firm Bharti Airtel Ltd for $1.26 billion, the firm said on Friday, extending an overseas buying spree from mainly developed countries to Asia's third-largest economy. Ares Management speaking to banks about an IPO: source NEW YORK (Reuters) - Ares Management LLC, an investment firm with some $59 billion in credit and private equity assets, is speaking to investment banks about an initial public offering (IPO) in the United States, a person with knowledge of the matter said on Thursday. OfficeMax investor sues to block merger with Office Depot (Reuters) - A shareholder in OfficeMax Inc sued the directors of the company on Thursday, seeking to block its acquisition by larger rival Office Depot Inc , calling the proposed $1.2 billion all-stock deal "grossly inadequate". Peru gives up plan to buy Repsol assets amid controversy LIMA (Reuters) - Peru's state-run energy firm said on Thursday it will not buy a stake in the local assets of Spanish oil firm Repsol , following a wave of criticism that President Ollanta Humala was trying to meddle in the economy. Lightyear Capital is lead bidder for SunTrust's RidgeWorth: sources NEW YORK (Reuters) - New York-based private equity firm Lightyear Capital has emerged as the lead bidder to buy SunTrust Banks Inc's RidgeWorth Investments asset management unit, three sources familiar with the situation told Reuters this week. D.A. Davidson to buy L.A. brokerage Crowell, Weedon & Co (Reuters) - Montana-based brokerage D.A. Davidson & Co plans to acquire smaller Los Angeles-based rival Crowell, Weedon & Co in a deal that would create one of the largest regional brokerage firms on the West Coast, with $43.5 billion in client assets under management. Elan considered buying Royalty before becoming its target DUBLIN (Reuters) - Elan considered buying U.S. investment firm Royalty Pharma last year, six months before Royalty made its approach for the Irish drugmaker, the offer document for the bid showed on Thursday. Monster Worldwide to buy back shares if sale doesn't go through (Reuters) - Online recruitment company Monster Worldwide Inc, which has been up for sale for more than a year, said it would buy back shares if a sale did not go through. France Tel slams government intervention on Dailymotion deal PARIS (Reuters) - France Telecom on Thursday castigated the government, its largest shareholder, for derailing its plan to sell a majority stake in video-sharing website Dailymotion, reigniting debate about state interference in the French economy. Related Video Reuters Breakingviews: RBS still a tough sell It will take more than Abenomics to boost Japan Inc Related News April employment data to point to sluggish economy Bloomberg makes final adjustments to NYC's fiscal year 2014 budget 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend