State oil company CNOOC plans to buy Canadian rival Nexen Inc for $15.1 billion State oil company CNOOC plans to buy Canadian rival Nexen Inc for $15. 1 billion, a deal which if successful would be China's biggest foreign corporate takeover and a test of Ottawa's tolerance of outside interest in its resources.
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Cisco wins EU approval for $5 billion NDS acquisition
U.S. network equipment maker Cisco (CSCO.O) won unconditional EU regulatory approval on Tuesday for its $5 billion takeover of TV software developer NDS.
Carlyle, BC eye United Tech unit - sources
Private equity firms Carlyle Group LP (CG.O) and BC Partners Ltd have joined forces and are in advanced talks to buy United Technologies Corp's (UTX.N) industrial businesses.
China to let insurers boost PE investment-draft rules
China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both at home and abroad.
Deals of the day -- mergers and acquisitions
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
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Peet's Coffee & Tea Inc (PEET.O) said on Monday it struck a deal to be acquired by Joh. A. Benckiser for about $1 billion.
Global alternative asset manager The Carlyle Group (NASDAQ: CG) has agreed to invest up to $800 million in Genesee & Wyoming Inc.
DreamWorks Animation SKG Inc beat rival bidders to buy Classic Media for $155 million to strengthen its array of entertainment characters.
Daiwa Securities Group aims to spearhead a $380 million investment in Myanmar to build an information technology backbone for the government.
China's insurance regulator said on Monday it will permit insurers to outsource management of their investments to securities brokerages and fund management companies (FMCs) for the first time.
Redpoint e.ventures said it had raised $130 million for its inaugural early-stage fund. Redpoint e. ventures, the Brazilian venture-capital firm created by Redpoint Ventures and e.
News and developments in Asia private equity from Reuters News for the week ending July 20. News and developments in Asia private equity from Reuters News for the week ending July 20.
Bain Capital Ventures today announced the launch of StartUp Academy. Bain Capital Ventures, a leading venture capital and growth equity firm with over $2 billion in committed capital, today announced the launch of StartUp Academy, a newly created initiative to provide students with invaluable exposure to entrepreneurship and insights on how to build a business and work with innovative technologies.
U.S. private equity fund Carlyle Group has raised about $720 million from the sale of a stake in China's third-largest insurer.
