July 25 - U.S. baby product retailer Destination Maternity Corp gave up its pursuit of Britain's Mothercare Plc after having two bid proposals rejected.
SAO PAULO, July 25 - For Brazil's struggling Grupo Oi SA, it seems the only stock rising these days is that of its Chief Executive Officer Zeinal Bava.
* Announces that it does not intend to make an offer for Mothercare Plc and is withdrawing its proposal for a possible combination with Mothercare.
NEW YORK, July 25 - Private equity firm KKR & Co LP said on Friday its special situations fund would lead an investment of more than $680 million in Preferred Sands, keeping one of North America's largest producers of sand for oil and gas producers in business.
LONDON/PARIS, July 25 - Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.
BRUSSELS, July 25 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
* Stake sale to private equity groups an option - sources
(Adds analyst comment; forecasts for third quarter, full year; Humira trends; updates share price)
NEWYORK/LONDON, July 25 - Rupert Murdoch's Twenty-First Century Fox Inc said on Friday it would only consider deals that are "disciplined" and increase shareholder value, a move analysts said signalled the media company does not want to overpay for takeover target Time Warner .
(Corrects name of NC KMG CEO to Sauat Mynbayev in paragraph 8)
- Finance: Philips appoints Morgan Stanley for lighting unit sale -sources
- Technology: Murdoch's 21st Century Fox pledges to extend buybacks
- Healthcare: AbbVie beats estimates on surging Humira sales in 2nd quarter
- Consumer: GTECH sees $130 mln in revenue from 7-yr U.S. lottery contract
- Energy: Venezuela state oil company evaluates offers to buy Citgo -media
- Industrials: Japan to open bids for Kansai, Osaka airports operating rights in Oct.
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Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.