Deals - Asia Headlines
Rosneft buys rest of Itera from founder for $2.9 billion
MOSCOW - Rosneft , Russia's top oil producer, said on Tuesday it had bought the remaining 49 percent of gas company Itera for $2.9 billion from its founder, furthering its aim of becoming Russia's largest independent gas producer.
Japan's MUFG says agrees to buy $5.61 billion stake in Bank of Ayudhya
TOKYO - Mitsubishi UFJ Financial Group (MUFG) said on Tuesday it had agreed to buy up to 75 percent of Bank of Ayudhya Pcl , Thailand's fifth-largest lender, in a deal worth 560 billion yen ($5.61 billion).
Mon, Jul 1 2013
Japan, Canada investors to buy U.S. power plant for $2 billion: Nikkei
TOKYO - A consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.
Rosneft's Sechin says no talks to acquire PKN Orlen, Bashneft
MOSCOW - Igor Sechin, the head of Russia's top crude producer Rosneft , on Monday denied reports that the company has been in talks to acquire Poland's PKN Orlen and Russia's mid-sized oil producer Bashneft .
Fri, Jun 28 2013
Lixil to buy toilet maker American Standard for $542 million
TOKYO/NEW YORK - Japan's biggest building products maker Lixil Group Corp said on Friday it would buy toilet and plumbing facilities maker ASD Americas Holding Corp (American Standard) for $542 million from buyout firm Sun Capital Partners Inc.
Thu, Jun 27 2013
SapuraKencana, Seadrill win $2.7 billion Petrobras contract
KUALA LUMPUR - Brazil's state-run oil firm Petrobas SA has awarded a $2.7 billion offshore support vessel contract to Norway's Seadrill and Malaysia's SapuraKencana , the latter firm said on Thursday.
Wed, Jun 26 2013
Sprint shareholders give thumbs up to SoftBank deal
OVERLAND PARK, Kansas - Shareholders of Sprint Nextel Corp voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp , ending a contentious takeover battle for the No. 3 U.S. wireless service provider. | Video
Tue, Jun 25 2013
Casino owner Macau Legend relaunches reduced HK IPO as markets drop
HONG KONG - Casino owner Macau Legend Development Ltd relaunched on Wednesday its Hong Kong initial public offering, slashing the deal by more than half because of weaker than expected demand caused by volatile global markets.
Rosneft's appetite seen unsated despite bid talk denial
MOSCOW - Speculation that Russia's state oil company intends to pursue its buying spree revived on Tuesday, despite a denial from mid-sized oil firm Bashneft that it is Rosneft's latest target.
French LNG cryogenics specialist GTT for sale
PARIS - Total and private equity firm Hellman & Friedman plan to sell their 30 percent stakes in GTT, the world's No. 1 maker of cryogenic hull linings for LNG tankers, in an IPO that could value GTT at up to $2.4 billion, sources close to the companies said.
McCain, Biden coming together for Sedona, Arizona forum
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
