  | | | | ALMATY (Reuters) - Kazkommertsbank (KKB) is to buy rival BTA Bank jointly with Kazakh businessman Kenes Rakishev for about $1 billion, in a deal that will shift BTA's bad debts left over from the financial crisis into the private sector. | | |  | | | | LONDON (Reuters) - Britain said it awarded a 1 billion pound ($1.63 billion) train supply contract for London's huge Crossrail project to Bombardier Inc , in a move which secures jobs in the UK where the carriages will be built. | | | |  | | | | MILAN (Reuters) - Italy's top two banks, Intesa Sanpaolo and UniCredit , are in preliminary talks with U.S. investment fund KKR about setting up a vehicle to hold their restructured loans, two sources close to the matter said on Thursday. | | | |  | | | | PARIS (Reuters) - Cash-hungry engineering firm Alstom may use a stock market listing to sell a stake in its transport business as early as June if a trade buyer cannot be found sooner for the maker of France's iconic high-speed trains, its transport chief said. | | | |  | | | | FRANKFURT (Reuters) - Commerzbank has sold roughly $1 billion in bad Spanish property loans in a bid to clean up its balance sheet and free up capital ahead of European banking health checks. | | | |  | | | | LONDON (Reuters) - Irish entrepreneur Denis O'Brien's media group Communicorp said it was buying eight British regional radio stations, branded "Smooth", "Real" and "Capital", from Global Radio, his first move into the industry in Britain. | | | |  | | | | FRANKFURT/MILAN (Reuters) - A potential deal to buy a stake in troubled Italian airline Alitalia could be the biggest test yet for Abu Dhabi-based Etihad's strategy of using stakes in ailing airlines as an easy way to expand its global footprint. | | | |  | | | | LONDON (Reuters) - Jason Gissing, the co-founder of British online grocer Ocado , which said this week he would quit in May, has sold one sixth of his shareholding in the firm for over 15 million pounds ($24.5 million). | | | | | SYDNEY (Reuters) - Three investment consortia - two involving Gulf Arab government-owned funds - plan to lodge indicative bids for Australian state-owned toll road company Queensland Motorways Ltd on Friday, sources close to the transaction said. | | |  | | | | | (Reuters) - Green Mountain Coffee Roasters Inc, maker of the popular Keurig one-cup coffee brewer, said on Wednesday the Coca-Cola Co had bought a 10 percent stake in it for $1.25 billion and would help launch Green Mountain's new cold drink machine planned for release as soon as October. | | | |  |  | | | 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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