Deals Today

	Click to View in Browser 09/27/2013 Britain kicks off Royal Mail sale with $5.3 billion price tag LONDON (Reuters) - Britain's Royal Mail postal service should a command a value of as much as 3.3 billion pounds ($5.3 billion) when it makes its London stock market debut next month, the government said on Friday as it began taking orders for the selloff. J.C. Penney says will have $1.3 billion in cash excluding offering (Reuters) - Struggling retailer J.C. Penney Co Inc said it expects to end the year with about $1.3 billion in cash, excluding the proceeds from a share offering. Russian tycoon Gutseriyev reclaims all of oil firm Russneft SOCHI, Russia (Reuters) - Russian tycoon Mikhail Gutseriyev has bought from Sberbank the two percent of mid-sized oil producer Russneft he did not already own, ending his long battle for the firm, he said on Friday. Rosneft's Sechin offers to buy out TNK-BP minorities MOSCOW (Reuters) - Russian Rosneft's board will consider the possibility of buying out minority shareholders of TNK-BP Holding, offering a 20 to 30 percent premium to the current share price, Rosneft's head Igor Sechin said on Friday. Devon Midstream Partners files for IPO of up to $400 million (Reuters) - Devon Midstream Partners L.P. filed with U.S. regulators on Friday to raise up to $400 million in an initial public offering of its common units. Vestas and Mitsubishi Heavy form joint venture COPENHAGEN (Reuters) - Danish wind turbine producer Vestas Wind Systems and Japanese conglomerate Mitsubishi Heavy Industries (MHI) have agreed to form a joint venture aimed at gaining a strong position in the market for offshore wind turbines. Rosneft says buys Alrosa gas assets for $1.4 billion MOSCOW (Reuters) - Russia's top oil producer Rosneft has agreed to buy gas assets from diamond miner Alrosa for $1.4 billion, in a drive to expand its natural gas business, Rosneft said on Friday. KKR to buy Panasonic's healthcare unit in $1.67 billion deal (Reuters) - U.S. private equity firm KKR & Co said it will initially pay about 165 billion yen ($1.67 billion) for Panasonic Corp's healthcare unit, in what could be the largest buyout deal in Asia year to date. Archipelago agrees to 338 million pounds takeover by Indonesia's Rajawali LONDON (Reuters) - Indonesia-focused gold firm Archipelago Resources said it agreed to be acquired by PT Rajawali Corporation, an Indonesian company which already owns 53 percent of the company, in an offer that values it at 338 million pounds ($541 million). Shuanghui to cut stake in Spain's Campofrio MADRID (Reuters) - The Chinese group that inherited the largest single stake in Spanish food company Campofrio plans to sell enough shares to avoid making a forced takeover, though some analysts viewed the move merely as a postponement. Related Video Breakingviews - London risks talent loss in house price boom Japan Inc. sets up shop in Southeast Asia Related News Fed needs better way to signal policy, officials say Fed can have some flexibility with inflation goal: Evans 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