June 16 The following corporate finance-related
stories were reported by media:
* A TPG Capital Management-led consortium has agreed to buy
the property arm of Australian engineering services firm UGL Ltd
for A$1.215 billion ($1.14 billion), a source told
Reuters on Friday.
* Airbus Group and Safran are set to boost
co-operation with a joint venture in space launchers, aiming to
galvanize Europe's competitive response to U.S. low-cost rival
SpaceX, people familiar with the matter said.
* Investment firm Affiliated Managers Group Inc has
reached an in-principle agreement to buy a stake in hedge fund
manager D.E. Shaw & Co LP from the estate of Lehman Brothers
Holdings Inc, the Wall Street Journal reported on Sunday.
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(Compiled by Shounak Dasgupta in Bangalore)