| | | SEOUL (Reuters) - Boeing's bid in the 8.3 trillion won ($7.4 billion) tender to supply South Korea with 60 fighter aircraft was the only one below the price ceiling set by the country's arms procurement agency, sources close to the process said on Monday. | | | | | | LONDON (Reuters) - Lloyds Banking Group is readying a sale of its German life insurance business, a source with knowledge of the matter said, as the British state-backed bank exits overseas markets to focus on lending at home. | | | | | | | OSLO/VIENNA (Reuters) - Norway's Statoil sold stakes in North Sea oil fields to Austria's OMV on Monday, in a $2.65 billion deal giving the former cash to develop new projects and placing the latter on course to meet ambitious output targets. | | | | | (Reuters) - Ares Management LLC and Ontario Teachers' Pension Plan will buy building products maker CPG International Inc to take advantage of a recovering U.S. housing market. | | | | | | | VIENNA (Reuters) - Hutchison Whampoa's Austrian telecoms unit will continue to offer a rock-bottom mobile tariff after the integration of Orange Austria, which it bought in January. | | | | | | | JAKARTA (Reuters) - Indonesia's energy regulator has suspended all oil, condensate and natural gas sell tenders as it reviews internal procedures after its chairman was caught taking an alleged bribe from an oil trader last week, an agency official said on Monday. | | | | | | | WARSAW (Reuters) - Warsaw bourse operator GPW agreed to buy 30 percent of start-up share trading exchange Aquis for 5 million pounds ($7.8 million) in its first step to expand outside central Europe, GPW's Chief Executive said on Monday. | | | | | | | STOCKHOLM (Reuters) - Swedish engineering group Atlas Copco said on Monday it was buying British industrial technology firm Edwards Group for up to $1.6 billion, an investment which should help it offset volatile swings in its mining business. | | | | | | HONG KONG (Reuters) - Alibaba Group Holding Ltd is in talks with the Hong Kong stock exchange about allowing its founders to maintain control over the Chinese e-commerce company even after it becomes listed, people familiar with the matter told Reuters. | | | | LONDON (Reuters) - British engineering firm Kentz said on Monday it had rejected takeover approaches from larger London-listed rival AMEC and Germany's M+W Group, saying both undervalued the company. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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