Reuters: Deals

VW to fold MAN, Scania into trucks unit: report

Sat, 28 Nov 2009 09:52:12 -0500

FRANKFURT (Reuters) - Volkswagen's plans to lift its stake in MAN SE to above 50 percent and fold the truckmaker into a new commercial-vehicles group at VW, a German magazine reported on Saturday.

AB InBev calls off sale of Beck's beer brand: report

Sat, 28 Nov 2009 07:49:24 -0500

FRANKFURT (Reuters) - Anheuser-Busch InBev has walked away from a planned sale of its German beer brand Beck's to U.S. buyout firm Bain Capital, a German magazine reported.

Deutsche Boerse not to increase Warsaw Boerse bid

Sat, 28 Nov 2009 12:02:10 -0500

FRANKFURT (Reuters) - Deutsche Boerse said on Saturday that it would not increase its bid for a controlling stake in the Warsaw Boerse after the Polish government requested an improved offer for the exchange.

Weak debut seen for Sands on high valuations

Fri, 27 Nov 2009 02:20:14 -0500

HONG KONG (Reuters) - The IPO for Las Vegas Sands' Macau assets, set to be the world's seventh-largest this year, is likely to struggle in its market debut next Monday on high valuations and waning appetite for casino stocks.

Callebaut hopes to sell consumer business in 2010

Sat, 28 Nov 2009 11:33:32 -0500

GENEVA (Reuters) - Barry Callebaut , the world's biggest chocolate maker, is still determined to sell its consumer business and hopes to clinch a deal in 2010, its chief executive was quoted on Saturday as saying.

Total still hopeful on Abu Dhabi nuclear deal

Fri, 27 Nov 2009 11:09:01 -0500

RAMBOUILLET, France (Reuters) - French oil major Total is still hopeful of winning a $40 billion nuclear deal in Abu Dhabi, Chief Executive Christophe de Margerie said on Friday.

Visteon, Ford reach parts sourcing deal

Fri, 27 Nov 2009 11:43:07 -0500

WILMINGTON, Delaware (Reuters) - Visteon Corp , a bankrupt maker of auto parts, reached an agreement to continue supplying Ford Motor Co with parts while it sheds some of its plants, according to court documents.

RiskMetrics backs ENOC's buyout of Dragon Oil

Fri, 27 Nov 2009 13:12:46 -0500

LONDON (Reuters) - Proxy adviser RiskMetrics has recommended minority investors approve ENOC's "reasonable" $1.9 billion buyout bid for Turkmenistan-focused oil explorer Dragon Oil , which is facing shareholder resistance.

Novera accepts offer from Infinis

Fri, 27 Nov 2009 11:57:38 -0500

LONDON (Reuters) - British renewable energy company Novera has accepted an improved takeover bid from private equity-backed Infinis Energy, bringing to an end an takeover battle that dates back more than 18 months.

Beware gold miners bearing stock offerings

Fri, 27 Nov 2009 13:59:15 -0500

NEW YORK (Reuters) - As gold prices set records, investors in gold stocks should watch out for miners raising capital by issuing more shares and diluting investments of existing shareholders.