Deals

China's big pork IPO brought low by blunders and bad luck

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HONG KONG - On the face of it, an IPO for WH Group , the world's biggest pork company, should have been an easy sell.

Michael Dell to sell gardening firm ValleyCrest to KKR unit: FT 24 Apr 2014

- Dell Inc Chief Executive Michael Dell is likely to sell his corporate gardening company ValleyCrest to KKR & Co LP's Brickman unit, the Financial Times reported.

HSBC tower could be sold for over $1.85 billion: FT 24 Apr 2014

- London's largest and most expensive office building, HSBC Holding Plc's global headquarters, is up for sale and could fetch over 1.1 billion pounds ($1.85 billion), a record price for the British market, the Financial Times reported.

Insight: Push for tax-avoidance curbs in G-20 threatens Publicis-Omnicom deal 24 Apr 2014

LONDON - International pressure to curb corporate tax avoidance is behind delays to a $35 billion merger of French advertising group Publicis and U.S. rival Omnicom, and could even scupper the deal, tax advisers and sources close to the deal said.

Alstom shares jump on report of $13 billion GE bid 24 Apr 2014

PARIS - Shares of Alstom jumped 10.9 percent on Thursday after a report that U.S. conglomerate General Electric was in talks to buy the struggling French turbine and train maker for about $13 billion.

Exclusive: Allergan approached Shire about takeover but rebuffed -sources 24 Apr 2014

NEW YORK - Allergan Inc approached Shire Plc in recent months about a possible takeover but was rebuffed, according to people familiar with the matter, in the latest example of a U.S. drugmaker seeking to buy an overseas rival to lower its tax rate.

Zimmer to buy Biomet for $13.35 billion in latest consolidation 24 Apr 2014

- Zimmer Holdings Inc said on Thursday it would buy rival orthopedic products maker Biomet Inc for more than $13 billion, the latest deal in a wave of consolidations in the healthcare industry.

RBS says UKFI to reject any 2:1 bonus proposal 3:03am EDT

LONDON - The body responsible for managing Britain's stake in the Royal Bank of Scotland will block any resolution proposing the lender pays out bonuses of up to 200 percent of fixed pay, the bank said on Friday.

NTT DoCoMo to exit India, unload entire stake in Tata Teleservices: sources 24 Apr 2014

TOKYO - Japan's NTT DoCoMo Inc will unload its 26.5 percent stake in loss-making Indian mobile phone joint venture Tata Teleservices Ltd and exit the country as it struggles with tough price competition, sources familiar with the matter said on Friday.

BOfA names Geoffrey Greener new chief risk officer 24 Apr 2014

- Bank of America Corp named Geoffrey Greener its new chief risk officer following Terry Laughlin's movement to a new role.

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