Deals

Rosneft beefs up with TNK-BP purchase

Photo

MOSCOW/LONDON - Rosneft tightened its grip on Russia's oil industry on Monday with a $55 billion deal to buy TNK-BP that also makes Britain's BP a one-fifth shareholder in the state-controlled company. | Video

Leonard Green, Ares snap up CHG Healthcare 6:02pm EDT

NEW YORK - Private equity firms Leonard Green & Partners LP and Ares Management LLC have agreed to acquire control of hospital staffing company CHG Healthcare Services Inc from J.W. Childs Associates LP, a deal people familiar with the matter previously told Reuters could top $1 billion.

Iraq ambassador wants U.S. to pressure Exxon on Kurdistan 4:49pm EDT

WASHINGTON - The Obama administration should pressure Exxon Mobil to slow down dealings with Iraqi Kurdistan as they could worsen disputes between Baghdad and the northern province, Iraq's ambassador to the United States said.

Rocky industry complicates Telecom Italia Media sale 9:39am EDT

MILAN - The sale of Italy's No.3 broadcaster Telecom Italia Media risks falling apart as potential bidders worry about the future of the industry and parent Telecom Italia considers a more radical sale project.

Cerberus working on bid for Supervalu: sources 3:50pm EDT

- Cerberus Capital Management is working on a takeover bid for troubled supermarket operator Supervalu Inc and has held talks with lenders to line up financing, according to three sources familiar with the matter.

HP will honor Violin Memory sales deal but not extend it: source 2:30pm EDT

SAN FRANCISCO - Hewlett-Packard will honor an agreement to sell solid-state storage devices made by Violin Memory but has no plan to extend the deal to future products, a source familiar with the situation said on Monday.

Ancestry.com to be acquired by Permira-led group for $1.6 billion 2:39pm EDT

- Genealogy website operator Ancestry.com agreed to be acquired for $1.6 billion by a group led by Europe-based private equity firm Permira Advisors LLC, four months after it put itself up for sale following the cancellation of a TV show based on its research.

Siemens in talks to sell solar business 11:24am EDT

FRANKFURT - German engineering group Siemens is pulling the plug on its loss-making solar energy business and is already talking to potential buyers as it tries to close the profitability gap with its peers.

South Africa gives nod to Glencore, Xstrata deal 10:47am EDT

LONDON - Glencore's $33 billion takeover of miner Xstrata looked set to clear a regulatory hurdle on Monday as South Africa's Competition Commission recommended that the deal was given the go-ahead.

Turkish Airlines to buy up to 20 Boeing B777-300ERs by 2017 3:49am EDT

ISTANBUL - Turkish Airlines has decided to buy 15 Boeing B777-300ERs by 2017 with an option to buy five more, it said in a statement on Monday.

Deals

M&A; ($B)

 
Inflows:
$30
Outflows:
$12
 
Inflows:
$8
Outflows:
$0.964
 
Inflows:
$0
Outflows:
$27

Global M&A; Industires ($B)