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Gazprom expands media business with Profmedia acquisition

Despite investor criticism it received for paying more investment attention on its non-core division, Gazprom announced on Tuesday in a joint statement that it had acquired Profmedia from metals tycoon Vladimir Potanin.

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Repsol to give recommendation to YPF deal for less than half of its value - sources

On Wednesday, sources disclosed that the board of directors of Spanish oil major Repsol will resolve to agree on compensation for its 51% ownership stake in YPF, of which the latter will be nationalized by the government of Argentina.

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Men's Wearhouse retaliates by offering a USD1.5 billion bid to acquire Jos A Bank

The USD1.5 billion acquisition bid Men's Wearhouse Inc offered to Jos. A. Bank Clothiers Inc was the former's form of retaliation after receiving pressure from its largest shareholder Eminence Capital LLC to accept the takeover bid Jos A Bank extended earlier.

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Be wary of vanity metrics in Web startups - venture capitalists

Snapchat's rejection of Facebook's USD3 billion acquisition offer raised the question about the true measure of a startup's viability as a profitable company in terms of the number of likes, snaps, and even signups.

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Take-Two's share buyback sees full Icahn exit

The resignation of billionaire Carl Icahn's director appointees in Take-Two Interactive Software Inc's board of directors was part of an earlier agreement should Icahn decide to sell his position in the video game publisher.

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Occasio launches new USD100 million fund targeting luxury resort residences

Occasio Growth Fund I will welcome investments from institutional and accredited investors in order to raise USD100 million to capitalize on the booming USD24 billion industry in villa rental, private equity firm Occasio Funds said in a statement today.

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Nanex's charts threaten US trading on market regulation

According to a report by Bloomberg, the charts produced by market-data provider Nanex LLC caused the ire of some traders, who insisted that Nanex's charts caused unnecessary investor anxiety.

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TTK Group vows to regain market share amid loss of Durex brands of ex-partner Reckitt

Indian company TTK Group is moving forward with its plans to seize back market share it lost after the ending of its partnership with Reckitt Benckiser Group Plc a year ago by increasing sales shipments of its own brand of prophylactics.

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Bayer in negotiations regarding USD2.4 billion acquisition of partner Algeta

Despite the offer at a 27% premium from yesterday's trading close of Algeta ASA's shares, the Norwegian company said through a spokesperson that it does not guarantee that it will accept Bayer AG's offer.

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Gold Fields keen to stretch maturities of loans - CEO

Due to the swing of gold prices, South African mining company Gold Fields Ltd had resorted to negotiating with its creditors for an extension of its loan maturities, said Gold Fields CEO Nick Holland.

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China drafts rules to crack down on banks who evade lending limits - sources

China Banking Regulatory Commission's new rules will prohibit banks to circumvent lending limits via loan restructuring and other means, according to sources who had disclosed the new banking measures to Bloomberg.

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The Cambridge brand attracts UK venture capital

The growing attraction of UK investors in the Cambridge region saw the decline of interest in startups in Shoreditch, a district which is the breeding ground of social media and e-commerce ideas.

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LDR Holdings talks about spinal therapies viability post-IPO launch

LDR Holdings Chief Executive Officer Christophe Lavigne talked to Xconomy 30 days after it had launched an initial public offering, and said money raised from its IPO will help the company expand its presence in the US.

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Minvest Partners taps overlooked advanced exploration niche market

Toronto-based merchant bank Minerx Group was out to prove that there is a plethora of opportunities in the the advanced exploration market with its new private equity arm called Minvest Partners, according to a Mining Markets article.

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KKR exits, private equity firms find partnerships for IMG bid

People who were familiar with the auction process told Reuters that KKR & Co LP had dropped out of the race to acquire talent agency IMG Worldwide Inc, while buyout firms have partnered up in the hopes of gaining a strategic advantage in the auction.

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