Mergers & Acquisitions

ThyssenKrupp CEO sees Steel Americas loss next year

FRANKFURT, May 26 - ThyssenKrupp's Steel Americas business, which the company may put up for sale, will continue posting operating losses until at least next year, Chief Executive Heinrich Hiesinger told a German newspaper.

UPDATE 1-Renesas aims to sell chip plant, shed 12,000 jobs -source

* Renesas plans to sell system chip plant, mobile unit -source

IFC plans to invest in Malaysia's Khazanah healthcare arm

KUALA LUMPUR, May 26 - International Financial Corp (IFC), a member of the World Bank Group, is planning to take part in the planned $1.5 billion listing of Malaysia's Integrated Healthcare Holdings (IHH) in a move to help validate IHH's emerging markets strategy, according to IFC's official website.

REFILE-UPDATE 2-Icahn buys Chesapeake stake, seeks board changes

May 25 - Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors, saying the board has failed "in a dramatic fashion" in its oversight of management.

Italy's RCS picks Microsoft exec for turnaround

MILAN, May 25 - Italian loss-making publisher RCS MediaGroup picked Pietro Scott Jovane, the head of Microsoft Italy, to become its chief executive and lead the business turnaround, the company said on Friday.

UPDATE 4-Canada lifts threshold for foreign takeover reviews

OTTAWA/TORONTO, May 25 - Canada will boost the threshold at which it will review proposed foreign takeovers of Canadian companies, the industry minister said on Friday, but he stopped short of fulfilling a government pledge to clarify the criteria for approving them.

UPDATE 2-Dell-Quest deal possible over weekend-sources

NEW YORK/SAN FRANCISCO, May 25 - Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said.

Ad firm DG exploring sale, PE interested-source

NEW YORK, May 25 - Advertising distribution company Digital Generation Inc (DG) is weighing a potential sale and has drawn interest from several private equity firms and rival companies, according to a person familiar with the matter.

UPDATE 1-Barrick buys 7,000 acres around Cortez gold mine

TORONTO, May 25 - Barrick Gold Corp, the world's largest gold miner, will pay $24 million to buy the Mill Canyon property in Nevada from Victoria Gold Corp, extending the property it owns in the vicinity of its prolific Cortez mine by about 7,000 acres.

CORRECTED-Commercial real estate services expanding in U.S.

* New firms enter US commercial real estate services sector

Deals

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