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Li eyes Europe for more buyouts

Hong Kong billionaire Li Ka-shing was reportedly amassing funds from divestment in preparation for strategic acquisitions in Europe.


BTG working on bid for JPMorgan Commodities Unit - source

Grupo BTG Pactual was reportedly working up a bid to purchase the commodities unit of JPMorgan Chase & Co.

Private equity firm Ardian proves secondary market is well through acquisitions - fund

Private equity firm Ardian acquired stakes in buyout funds amounting to USD 4.3 billion, proving that the secondary market is alive and well.

Meridian Energy Ltd's IPO to raise USD 1.6 billion for New Zealand

The IPO of state-backed power firm Meridian Energy would raise USD 1.6 billion or NZD 1.88 billion for New Zealand.


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Sources disclosed to Reuters that Cerberus Capital Management LP and other buyout firms were interested in acquiring Safeway Inc.
Health officials still could not find an answer to what killed 600 pets linked to jerky treats made in China.
With the increasing competition from both high-end and mass retailers, US mainstream grocery chains had been selling off business units to private equity firms.
Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
Nearly USD1 billion would be the settlement amount to be paid by Rabobank for allegations of interest rate manipulation for the Japanese yen.
A projected USD150 million would be earned when 500.com lists its shares for an IPO at the New York Stock Exchange.
A final decision would be made on the commencement date for submission of tax returns for 2013 by the IRS in December.
In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.
After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.