SAO PAULO, Nov 29 Grupo BTG Pactual SA has agreed to sell its 12 percent stake in Rede D'Or São Luiz SA, Brazil's largest hospital chain, to Singapore's sovereign wealth fund GIC Pte Ltd for almost 2.5 billion reais ($633 million), a source directly involved in the deal said on Sunday.
GUANGZHOU, China, Nov 30 Automakers are betting that Chinese families will embrace the mini-van, hoping the larger, unsexy sibling of the bestselling SUV will become the next big thing just as Beijing relaxes the one-child policy.
SAO PAULO, Nov 29 Grupo BTG Pactual SA HAS approached partners in Rede D'Or São Luiz SA, Brazil's largest hospital chain, over the sale of its 12 percent stake in the company, as the embattled investment bank struggles to stem fallout from the arrest of its chairman, André Esteves, last week, two sources with knowledge of the situation said.
BRUSSELS, Nov 29 Turkey will help the European Union handle the flow of migrants that has called into question the future of Europe's passport-free travel in exchange for cash and restarting stalled talks on EU accession, draft conclusions of an EU-Turkey summit said.
Nov 27 Rupert Murdoch, co-chairman of Wall Street Journal publisher News Corp, on Friday said he had "strong word" that the Tribune Publishing Co's newspaper group will be bought by a Wall Street firm, while the Los Angeles Times will be split off and purchased by local investors including philanthropist Eli Broad.
SAO PAULO, Nov 27 The reliance of Brazil's Grupo BTG Pactual SA on market funding may pose an immediate challenge for new boss Persio Arida, who sought to calm clients on Friday after its shares fell for a third straight day.
BRUSSELS, Nov 27 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
Nov 27 UBM Plc is in the final stages of discussions to divest PR Newswire Association LLC, with Cision and Vista Equity Partners Management LLC competing to acquire the press release distributor, people familiar with the matter said on Friday.
BRUSSELS, Nov 27 - U.S. oil services provider Halliburton Co has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes, four months after regulators rejected an earlier application because of insufficient data.
Nov 27 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
- Finance: BTG Pactual not for sale, acting CEO Arida tells newspaper
- Technology: KPN: Movil-appointed board member leaving as Movil to sell stake
- Healthcare: RPT-Two-decade Pfizer mission pays off for Guggenheim's deal king
- Consumer: BRIEF-Xiamen Insight Investment to raise up to 5.5 bln yuan in private placement
- Energy: Nigeria's Oando plans $350 mln gas processing plant
- Industrials: UPDATE 1-Spain's troubled Abengoa changes boss amid creditor talks