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Buyins and Buyouts

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  • FACTBOX-Greek privatisations, past and future Tuesday, 6 May 2014 | 10:02 AM ET

    MAIN PRIVATISATION DEALS AGREED SO FAR 2011- Sale of 10 percent stake in telecoms firm OTE to Germany's Deutsche Telekom- 10- year extension of gaming concession of gambling monopoly OPAP until 2030- Granting of license to OPAP to install 35,000 video gambling slots- Sale of frequency spectrum to Greek mobile telephony companies- Sale of 2 Airbus jets previously owned by former state carrier Olympic Airways.

  • *Pemex owns 9.3 percent of Repsol. *Repsol stake has market value of 2.3 billion euros. MADRID, May 5- Mexican state-run oil company Pemex is preparing to sell its 9.3 percent stake in Spain's Repsol, according to a media report on Monday, after the appointment of a new chief executive further soured relations between the two firms.

  • KUALA LUMPUR/ VANCOUVER, April 30- A plan by Malaysian state-owned oil firm Petronas to build an $11 billion liquefied natural gas export terminal on Canada's Pacific Coast gained momentum on Tuesday with China's Sinopec Group and a Chinese state utility joining the project.

  • April 16- At-home soda maker Sodastream International is in early talks to sell a stake of up to 16 percent to a strategic entity, Israeli financial news daily Calcalist reported on its website.

  • BlackBerry buys minority stake in healthcare IT firm Tuesday, 15 Apr 2014 | 8:00 AM ET

    Waterloo, Ontario- based BlackBerry, a pioneer in the smartphone industry, has fallen on hard times as its market share has waned in recent years.

  • TORONTO, April 11- The Ontario government said on Friday it is examining options to generate funds, including the possible sale of certain real estate assets and government-owned entities.

  • TORONTO/ VANCOUVER, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, a deal that potentially thwarts a hostile bid from Goldcorp Inc..

  • UPDATE 2-Prada bets on men to accelerate sales growth Wednesday, 2 Apr 2014 | 2:20 PM ET

    *Prada to invest in menswear, shops, factories. HONG KONG/ MILAN, April 2- Italian luxury fashion group Prada is pinning its hopes on men's growing taste for finely-cut suits and leather bags to drive a pick up in sales growth in the coming years. "Men will be protagonists in our development," Prada retail director Guilio Bruni said.

  • TORONTO, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, a deal that potentially thwarts a hostile bid from rival Goldcorp Inc..

  • April 2- Apple Inc is in talks to buy Japan- based Renesas Electronics Corp's stake in a unit that designs liquid crystal display chips for iPhones for about 50 billion yen, the Nikkei reported, without identifying a source. Apple expects to complete the stake purchase by summer, the business daily reported on Tuesday.

  • March 31- Shares in Biofuel Energy Corp more than doubled after hedge fund manager David Einhorn and his affiliates unveiled a plan to take a controlling stake in the ethanol producer. Einhorn already holds more than 35 percent of Biofuel Energy, mostly through his investment fund, Greenlight Capital Inc, according to a regulatory filing on Friday.

  • LONDON/ MILAN, March 27- Eni is close to mandating a bank to sell a stake of up to 15 percent in its giant gas field in Mozambique which could raise as much as $5 billion for the Italian oil and gas major, banking sources said. Eni sold 20 percent of its Mozambique offshore gas acreage to Chinese oil company CNPC last year in a deal worth around $4.2 billion.

  • *Ally expects IPO to be priced at $25- $28/ share. March 27- Bailed-out auto lender Ally Financial Inc said the U.S. government would sell the bulk of its stake in the company in an initial public offering that could raise up to $2.66 billion.

  • SAO PAULO, March 13- France's Carrefour SA could raise as much as 5 billion reais from the sale of a stake in its Brazilian unit, one source with direct knowledge of the situation said, with potential bidders including Brazilian tycoon Abilio Diniz and a sovereign wealth fund.

  • *Genesis offer to open March 29 after bookbuild. WELLINGTON, March 13- New Zealand is seeking to raise as much as NZ $800 million through the sale of a minority stake in power company Genesis Energy Ltd, setting a low price range and offering other sweeteners to draw investors to the last of its state asset sales.

  • HONG KONG, March 12- China's largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 mln, giving it access to TV and movie content as competition in the world's biggest Internet market becomes increasingly cutthroat.

  • NEW YORK, March 10- Chobani, the Greek yogurt maker that has quickly grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said.

  • TORONTO, March 10- Barrick Gold Corp said on Monday it plans to sell about 13.5 percent of its holdings in its majority-owned subsidiary African Barrick Gold. In 2012, the company attempted to sell a part, or all of its interest in African Barrick Gold to China National Gold Group, but those talks fell apart last year.

  • TORONTO, March 10- Barrick Gold Corp said on Monday it plans to sell about 13.5 percent of its holdings in its majority-owned subsidiary African Barrick Gold. In 2012, the company attempted to sell a part, or all of its interest in African Barrick Gold to China National Gold Group, but those talks fell apart last year.

  • *Norway's Statoil already sold 10 pct stake to BP, SOCAR. LONDON, Feb 28- France's Total plans to sell its 10 percent stake in Azerbaijan's Shah Deniz II gas field development, making it the second energy major to reduce its exposure to a project promoted to help Europe diversify its supplies.