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Mergers and Acquisitions Buyins and Buyouts

  • Oct 10- Thai Union Group PCL, the world's biggest producer of canned tuna, said on Monday it had bought a minority stake in U.S. seafood chain Red Lobster Seafood Restaurants for $575 million to expand in the United States, its biggest market. Private equity firm Golden Gate Capital will remain Red Lobster's majority owner and retain operational control, Thai...

  • MOSCOW, Oct 7- Russia's top oil producer Rosneft will not sell foreign currency to buy a controlling stake in mid-sized oil company Bashneft and already has sufficient funds for the deal, Russia's Interfax news agency reported on Friday.

  • HANOI, Oct 7- Vietnam's government will list all its shares of top state-owned brewers Sabeco and Habeco on local stock exchanges before considering if any foreign beer makers or other investors can take a controlling stake, a senior government official said. Vietnam's government is seeking to fully divest its 89.6 percent ownership in No.1 local beer firm...

  • BERLIN, Oct 7- Germany's BDI business association and the finance ministry have no comment on a report that top German companies are mulling an equity stake in Deutsche Bank, spokespeople said on Friday.

  • HANOI, Oct 7- Vietnam's government will list all its shares of top state-owned brewers, Sabeco and Habeco, on local stock exchanges before considering allowing any international industrial buyer to take a controlling stake, a senior industry and trade ministry official said. The government, which owns an estimated $2.2 billion worth of shares in the firms,...

  • Oct 6- Pfizer Inc said on Thursday it would sell its global infusion therapy business to ICU Medical Inc for $1 billion in cash and stock that will give it a major stake in the smaller company. Pfizer had acquired the hospital infusion system business, which has annual sales of about $1.2 billion, through its $15 billion purchase in September 2015 of Hospira, which...

  • Oct 6- H&R Real Estate Investment Trust said it agreed to sell 50 percent of its non-managing interest in TransCanada Tower in Calgary, Alberta to a unit of Healthcare of Ontario Pension Plan for about C $257.4 million. H&R REIT said it would use proceeds from the sale to HOOPP Realty Inc to reduce debt. The company said on Thursday it expects to complete the sale of...

  • MOSCOW, Oct 6- Russian oil producer Rosneft may pay up to 330 billion roubles for a controlling stake in mid-sized oil company Bashneft, Interfax news agency cited two sources familiar with the planned deal as saying on Thursday.

  • PARIS, Oct 4- French luxury group LVMH, owner of the Louis Vuitton brand, has agreed to buy an 80 percent stake in high-tech luggage maker Rimowa for 640 million euros, its first acquisition in Germany. Founded in Cologne in 1898, Rimowa has built a reputation for designing lightweight and easy to use luggage and expects revenue of over 400 million euros this year.

  • The sale would raise cash to ease the burden of Concordia's $3 billion in debt as it faces curbs on drug pricing from governments and companies. Concordia, based in Oakville, Ontario, is now speaking to private equity firms about the possibility of selling a significant equity stake, among other options for improving Concordia's balance sheet, the people said.

  • MOSCOW, Sept 30- Russia's largest crude oil producer Rosneft will take part in the sale of the state's controlling stake in mid-size oil company Bashneft, Rosneft said on Friday.

  • MOSCOW, Sept 30- Russia's largest crude oil producer Rosneft will take part in the sale of the state's controlling stake in mid-size oil company Bashneft, Rosneft said on Friday.

  • MUMBAI/ HONG KONG, Sept 29- Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said, as the world's biggest retailer aims to break into a fast growing but highly competitive online retail market. Wal-Mart operates 21 wholesale stores in the South Asian country, but is discouraged...

  • An employee restocks a shelf in the grocery section of a Wal-Mart Supercenter

    Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said.

  • Wal-Mart operates 21 wholesale stores in the South Asian country, but is discouraged from setting up its own bricks-and-mortar shops by rules that limit foreign ownership for multi-brand retailers to 51 percent and the cost of setting up shops in a country as large as India. For Flipkart, a cash infusion from Wal-Mart would come in handy at a time when funding...

  • SAO PAULO, Sept 28- Brazilian steelmaker Cia Siderúrgica Nacional SA said on Wednesday it had no definitive deal to sell part of its stake in Congonhas Minerios SA, the country's No. 2 iron ore producer, following a report that it was considering a such sale. CSN, as the company is known, was responding in a filing to securities regulator CVM, which questioned the...

  • ABU DHABI, Sept 28- China's Cosco Shipping Ports will invest $400 million in building a container terminal in Abu Dhabi as the emirate aims to expand trade with the world's second largest economy, a senior company official said on Wednesday. The bulk of China's trade with the United Arab Emirates currently goes through Dubai, the regional hub, but Abu Dhabi is...

  • HONG KONG/ MUMBAI, Sept 28- Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market. He added Wal-Mart and Flipkart were also contemplating a collaboration that would see them leverage...

  • EXCLUSIVE- SPAIN'S PUIG SIGNED STAKE PURCHASE DEAL WITH BRAZIL'S GRANADO EARLIER ON TUESDAY, SOURCES SAY.

  • *Neoen wants to raise 200- 300 mln euros in capital increase. In December, it stole a march on EDF by opening a 300 megawatt solar farm- Europe's biggest- near Bordeaux, which will sell power more cheaply than the new nuclear reactors EDF plans to build in Hinkley Point, Britain. To fund this, it is considering a 200- 300 million euro capital increase.