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Private Equity - Asias Headlines

Aixtron could revive takeover despite U.S. block: analysts

BEIJING/FRANKFURT The sale of Aixtron to Chinese investors could go ahead under new terms if the German semiconductor equipment maker sells its Silicon Valley division separately to get around U.S. objections, analysts said Monday.

BP acquires Repsol's stake in Tangguh LNG project

LONDON British oil company BP has acquired Spanish group Repsol's 3.06 percent stake in the Tangguh liquefied natural gas (LNG) project in Indonesia for $313 million dollars, a BP spokesman said on Monday.

Aixtron, Fujian to explore what is left of deal after U.S. veto

FRANKFURT German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.

Obama bars China's Fujian from buying Aixtron's U.S. business

FRANKFURT/WASHINGTON President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday.

Asics to take over from Adidas as IAAF sponsor

MONACO Japanese sportswear giant Asics Corp will take over from Adidas as the official sponsor of the International Association of Athletics Federations (IAAF), a source with knowledge of the deal told Reuters on Friday.The IAAF is expected to announce the deal on Saturday. Adidas, who had signed an 11-year sponsorship deal with the IAAF that was set to run until 2019, said on Friday it was ending the deal three years early.

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North Carolina governor concedes election to Democratic opponent

WINSTON-SALEM, N.C. North Carolina Governor Pat McCrory on Monday conceded the state's contested gubernatorial race to Democratic challenger Roy Cooper, almost four weeks after the Nov. 8 election.