Deals Today

	Click to View in Browser 06/24/2014 Alstom workers relieved as GE wins takeover bid BELFORT France (Reuters) - For Alstom workers in eastern France, news that General Electric has beaten rival bidder Siemens to a tie-up with their firm has brought relief and a response perhaps best summed up by the saying "better the devil you know". KKR buys stake in Spain's Acciona energy arm for $567 million LONDON/MADRID (Reuters) - Private equity firm KKR is to buy a one-third stake in the energy arm of Spain's Acciona for 417 million euros ($567 million), the companies said on Tuesday, as they move to develop one of the world's largest renewable energy portfolios. U.S. firm Abbott to buy Russian drugmaker for up to $495 million MOSCOW (Reuters) - U.S. healthcare firm Abbott Laboratories is to buy Russian drugmaker Veropharm for up to $495 million, giving it a manufacturing presence in a country where it has been operating for nearly 40 years, Abbott said on Tuesday. HSBC to halve countries served by private bank, sells assets LONDON (Reuters) - HSBC is halving the number of countries its private bank serves after selling a portfolio of Swiss banking assets, the latest bank to narrow its wealth management focus in a bid to improve profitability and cut compliance risk. Loral rejects $7 billion deal to sell itself and Telesat: sources NEW YORK (Reuters) - Loral Space & Communications Inc's efforts to sell itself and its main asset, Telesat Holdings Inc, broke down after the company failed to agree on a potential $7 billion deal with the buyer group, people familiar with the matter said. Oracle looks to boost growth with biggest deal in five years (Reuters) - Oracle Corp said it would buy Micros Systems in a $5.3 billion deal as the world's No.2 business software maker looks to boost flagging growth through acquisitions. SNC-Lavalin bulks up energy business with $2 billion Kentz buy TORONTO (Reuters) - Canada's SNC-Lavalin Group Inc will buy resource-sector engineering group Kentz Corp in a 1.16 billion pound ($2 billion) deal that SNC said on Monday will accelerate its turnaround plan, including the sale of noncore assets. U.S. media buyout firm Providence in talks to buy Australia's Ten: source SYDNEY (Reuters) - U.S. specialty media buyout firm Providence Equity Partners LLC is in discussions to buy struggling Australian broadcaster Ten Network Holdings, a source with knowledge of the discussions told Reuters on Tuesday. Olam sells 80 percent stake in Australia grain unit to Mitsubishi SINGAPORE (Reuters) - Commodities trader Olam International Ltd said it has sold an 80 percent stake in its Australian grains business to Japan's Mitsubishi Corp for $64 million. U.S. judge approves $135.7 million sale of Brookstone to investor consortium (Reuters) - Retailer Brookstone Inc [TEMSHB.UL] announced on Monday that a federal bankruptcy court judge in Delaware has approved its sale to a consortium of Chinese investors that will run its 240 stores after exiting bankruptcy. Related Video Breakingviews: Syngenta may have to tend to its own garden Asia Day Ahead: Past wars and car technologies of the future Related News Japan PM urges businesses to mobilize women power for economy A flexible yuan can help China cope with bigger capital flows: central bank 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