  | | | | FRANKFURT (Reuters) - Five buyout firms are expected to bid next week for a stake in Deutsche Telekom's online classified advertising business Scout24, valuing the equity and debt of the whole unit at $2.2-2.3 billion, three sources close to the process said. | | |  | | | | LONDON (Reuters) - Advertising agency WPP believes that a price tag of up to $2.5 billion for IMG Worldwide is too high to justify a bid for the sports marketing group, CEO Martin Sorrell said on Thursday. | | | |  | | | | MILAN (Reuters) - U.S. private equity firm Blackstone is among potential bidders for a minority stake in Italian fashion house Versace, sources told Reuters on Wednesday. | | | | | | (Reuters) - Pipeline operator Crestwood Midstream Partners LP said it would buy Arrow Midstream Holdings LLC for about $750 million, making it one of the largest pipeline and storage providers in North Dakota's fast-growing Bakken shale field. | | | |  | | | | FRANKFURT (Reuters) - Siemens's share of a major contract to supply trains for a new subway system in the Saudi Arabian capital of Riyadh is worth 1.5 billion euros ($2 billion), the German group said on Thursday, confirming its biggest ever rail engineering order from the region. | | | | | | DUBAI (Reuters) - China Mobile's Pakistan unit Zong is no longer interested in buying rival Warid Telecom, Zong said on Thursday, leaving Pakistan Telecommunication Co (PTCL) as the sole declared bidder for the country's No.5 mobile operator. | | | | | | (Reuters) - Platform Acquisition Holdings Ltd , founded by Jarden Corp chairman Martin Franklin, said it was in advanced talks to buy privately held specialty chemicals maker MacDermid Inc . | | | | | | (Reuters) - John Malone's Liberty Interactive Corp said it would spin off its interest in travel information website TripAdvisor Inc and BuySeasons business into a new publicly traded company called Liberty TripAdvisor Holdings. | | | | | HONG KONG (Reuters) - A closely watched restructuring of Suntech Power Holdings Co Ltd's Chinese debt is likely to move forward after Shunfeng Photovoltaic International Ltd was named the preferred bidder for Suntech's main unit. | | | | | | (Reuters) - Chief Executive Sergio Marchionne discouraged investors at a conference last week from participating in Chrysler Group LLC's initial public offering - a process that was forced by the automaker's second-largest shareholder last month. | | | |  |  | | | 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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