  | | | | MOSCOW (Reuters) - Veteran emerging markets investor Mark Mobius said on Thursday he had sold his fund's stake in Russia's TNK-BP Holding, walking away from his attempt to get a better buyout deal from the firm's new owner, Rosneft . | | |  | | | | NEW YORK (Reuters) - Chrysler Group LLC has added four banks to help underwrite its proposed initial public offering, as the U.S. automaker looks to launch the deal as soon as early December, according to people familiar with the matter. | | | |  | | | | MADRID (Reuters) - Spain's Santander is nearing a deal to sell its property management unit Altamira Real Estate to U.S. private equity group Apollo Global Management , two sources familiar with the situation said on Thursday. | | | |  | | | | DETROIT (Reuters) - Johnson Controls Inc on Wednesday said it will increase its share buyback program by $3 billion to bring the plan to $3.65 billion over the next three years. | | | |  | | | | (Reuters) - Devon Energy Corp will buy oil-producing assets in Texas for $6 billion and plans to sell or otherwise monetize some of its natural gas-heavy holdings in response to investor criticism about its lack of exposure to more profitable crude. | | | |  | | | | HELSINKI (Reuters) - Nokia said it plans to hand over the lease of its headquarters to Microsoft when the U.S. company takes over its mobile phone business in a deal scheduled to close early next year. | | | | | | HONG KONG (Reuters) - China Cinda Asset Management Corp, one of the country's four bad loan managers, plans to raise as much as $2.5 billion in its Hong Kong initial public offering, IFR reported on Thursday, citing sources familiar with the deal. | | | | | | NEW YORK (Reuters) - Private equity firm Bain Capital LLC has ended advanced talks with auto parts supplier TI Automotive Ltd over a possible buyout after failing to meet TI's price expectations of close to $2 billion, according to people familiar with the matter. | | |  | | | | SYDNEY (Reuters) - An advisory role in one of Australia's most contested takeover deals this year has thrown a spotlight on an unexpected debutant in local investment banking circles - Malaysia's CIMB Group Holdings Bhd . | | |  | | | | | LONDON (Reuters) - Coal miner Bumi Plc will postpone an investor vote on a planned split with Indonesia's Bakrie family that co-founded it, after the buyer of its stake failed to provide details of his financing arrangements by an agreed deadline. | | | |  |  | | | 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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