China set to overtake Japan in this year's outbound M&A deals

China is set to become Asia's leader in outbound corporate acquisitions this year, ending Japan's two-year reign, as the country's appetite for overseas targets expands beyond natural resources and into areas such as food and banking.

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Narrow gap between cheap and expensive seen in US equity market

Equity investors were seeing fewer options to place their bets on the market as the stock rally had driven up company valuations, said a Bloomberg report.

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Vivus signs deal with Auxilium Pharmaceuticals

Vivus Inc. had signed a deal with Auxilium Pharmacauticals Inc to market its Stendra drug in the US market, said a Reuters report.

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Biomet signs acquisition agreement for Lanx Inc

Today, Biomet Inc announced entering a definitive agreement to buy Lanx Inc. that would be subject to customary closing conditions.

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America Movil and KPN discussion encounters price issue

America Movil's plan to acquire Royal KPN encountered price disagreements as KPN's management wanted a higher price for the offer, said sources.

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Glencore unlikely to bid for OZ Minerals

Glencore Xstrata was unlikely to be considered a bidder for OZ Minerals, said a banker familiar with both companies.

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City of Stockton nearing deals to exit bankruptcy

A draft bankruptcy plan is in the works for the city of Stockton and its bond creditors and other insurers.

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Report: JC Flowers attractedto purchase Lloyds' TSB unit

PE firm JC Flowers had expressed its interest in Lloyds' TSB unit according to a Sunday Telegraph report without citing sources.

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Twitter acquires online mobile-ad exchange MoPub

Twitter announced on Monday through a blog post that it had acquired MoPub without disclosing the financial terms of the deal.

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Walgreens to purchase Kerr Drug's retail and specialty pharmacy business

Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.

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Livefyre acquires Storify

Livefyre announced that it had acquired Storify without disclosing the financial terms of the deal.

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Limoneira acquires Associated Citrus Packers

Today, Limoneira Company announced its completed acquisition for Associated Citrus Packers in a deal valued USD18.6 million.

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Gallagher to acquire Giles for USD370 million

Arthur J. Gallagher & Co. announced acquisition of Giles Group of Companies for GBP237 million.

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ThyssenKrupp denies report of cancelling Steel Americas sale

Germany's steel maker ThyssenKrupp denied reports of having cancelled the sale of Steel Americas.

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Hankook Tire strikes deal with Daimler

Hankook Tire Co Ltd stepped up by striking a deal with luxury car maker Daimler AG to supply tires for its new Mercedes-Benz S-Class and E-Class sedans.

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