Deals Today

	Click to View in Browser 02/7/2014 Portugal Telecom sees no major obstacles to Oi merger, on schedule LISBON (Reuters) - Portugal Telecom is confident its planned merger with Brazil's Oi will be completed in the second quarter and does not see any major obstacles from minority shareholders or regulators, PT CEO Henrique Granadeiro said on Friday. IBM explores sale of semiconductor business: Financial Times (Reuters) - IBM Corp is exploring the sale of its semiconductor business and has hired Goldman Sachs to find potential buyers, the Financial Times reported on Thursday, citing sources familiar with the matter. Cerberus completes Kokusai Kogyo sale for $1.37 billion: sources TOKYO (Reuters) - U.S. private equity firm Cerberus Capital Management LP completed a sale on Friday of its stake in Japanese property operator Kokusai Kogyo Co for about 140 billion yen ($1.37 billion), people with knowledge of the deal said. Big bets on Green Mountain ahead of Coke stake raise eyebrows NEW YORK (Reuters) - A surge in bets that shares of Green Mountain Coffee Roasters would rise sharply by the end of the week has raised suspicions, coming as it did just hours before news of a partnership deal with Coca-Cola . ABB looks to shed over $1 billion in non-core assets: sources NEW YORK/LONDON (Reuters) - Swiss industrial conglomerate ABB Ltd is seeking to sell several non-core businesses in deals that could raise more than $1 billion, according to people familiar with the matter. Baytex to buy Australia's Aurora Oil & Gas at big premium CALGARY, Alberta/SYDNEY (Reuters) - Canadian heavy oil producer Baytex Energy Corp has agreed to buy Aurora Oil & Gas Ltd for C$2.6 billion ($2.4 billion) including debt, targeting the Australian company's Texas shale oil assets and driving its shares to a 15-month high. New York bank regulator stops Ocwen-Wells Fargo deal (Reuters) - New York's principal bank regulator has indefinitely halted Ocwen Financial Corp's purchase of the right to collect payments on a portfolio of mortgages from Wells Fargo & Co, Ocwen said on Thursday. AEA nears deal to buy Gypsum Management & Supply: sources (Reuters) - Private equity firm AEA Investors LP is in advanced talks to acquire Gypsum Management and Supply Inc (GMS), a privately held maker of specialty building materials, for more than $700 million, according to three people familiar with the matter. Chesapeake to spend less in 2014, targets higher output (Reuters) - Chesapeake Energy Corp on Thursday cut its capital budget for the year by more than a fifth as Chief Executive Officer Doug Lawler focuses on drilling in U.S. shale basins with the highest returns, but the company's oil production outlook disappointed and the stock fell more than 7 percent. Sprint, T-Mobile shares fall on dwindling hopes for merger NEW YORK (Reuters) - Shares in Sprint Corp and T-Mobile US fell sharply on Thursday as investor hopes for a merger of the No. 3 and No. 4 U.S. mobile service providers faded on concerns about regulatory opposition. Related Video Breakingviews: FX fines could inflict big pain on EU banks Reuters Today: Strong U.S. jobs report? Just mediocre please Related News U.S. job growth seen snapping back from winter chill Japan January trade deficit on track to reach record: MOF 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