  | | | | BEIJING (Reuters) - Daimler AG's agreement to buy a stake in Beijing Automotive Group's passenger car unit is part of a strategy to revive its operations in China, where the luxury car maker has fallen behind its German rivals and fallen out with its dealers. | | |  | | | | HONG KONG (Reuters) - Exxon Mobil Corp has agreed to sell its majority stakes in a Hong Kong utility and a power storage firm for a combined $3.4 billion, helping the U.S. oil major raise funds to plough back into its core operations. | | | | | | MUMBAI (Reuters) - U.S. private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about 9 billion rupees ($144 million), two sources with direct knowledge of the matter said. | | | | | | JOHANNESBURG (Reuters) - A shareholder of South Africa's Adcock Ingram has filed a complaint with the Johannesburg Stock Exchange accusing the drugmaker's board of misleading investors over support for a $1.2 billion takeover bid, a bourse official said on Tuesday. | | | |  | | | | HELSINKI (Reuters) - Nokia shareholders are expected to approve the sale of its mobile phone business to Microsoft on Tuesday, with the deal's financial benefits likely to outweigh resistance from a minority of investors upset over the sale of a Finnish national icon. | | | | | | AMSTERDAM (Reuters) - Dutch food and chemicals group DSM said on Tuesday it was spinning off its pharmaceuticals division in a $2.6 billion deal with private equity firm JLL, pushing DSM's shares up more than 3 percent. | | | | | | FRANKFURT/LONDON (Reuters) - German stock exchange operator Deutsche Boerse AG has no interest in buying European exchange group Euronext, sources close to the Germany-based group said on Tuesday. | | | |  | | | | MOSCOW (Reuters) - Gazprom Neft and Novatek are considering increasing their joint controlling stake in gas producer SeverEnergia, to counter any ownership challenge by state oil giant Rosneft , a document obtained by Reuters said. | | | | | BEIJING (Reuters) - China's top securities regulator reiterated commitments to easing the government's control over the initial public offering (IPO) process on Tuesday, but said the government will also intensify its auditing of companies hoping to list. | | | | | | (Reuters) - Coastal Energy Co said it has agreed to be acquired by Spanish oil firm Cepsa for about C$2.3 billion ($2.21 billion) including debt, in a deal that would increase Cepsa's exploration and production capabilities in Southeast Asia. | | | |  |  | | | 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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