Deals

Japan's SoftBank kicks off $10 billion India online spree, buys stake in Snapdeal

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MUMBAI - Japanese telecom and media group SoftBank Corp has set its sights on Indian e-commerce in its aggressive expansion drive, saying it will invest about $10 billion in the booming sector as it took a strategic stake in one of its rising stars.

Smartphone repair company B2X steps up expansion with Indian deal 21 Oct 2014

FRANKFURT - Smartphone users won't recognise the name B2X, but if your battery dies or your screen breaks, the odds are that the company will be working behind the scenes when you seek a repair.

U.S. chipmaker Qualcomm hopes for knock-out blow with $2.5 billion CSR bid 15 Oct 2014

LONDON/FRANKFURT - U.S. Qualcomm Inc agreed to buy CSR Plc for $2.5 billion, offering what it hopes is a knock-out blow to win the British Bluetooth specialist which is growing in areas like automotive and wearable devices.

Exclusive: Reliance seeks sale of Eagle Ford stake for up to $4.5 bln - sources 11 Oct 2014

NEW YORK - India's Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources Co, a sale that could raise up to $4.5 billion, according to people familiar with the matter.

JSW Steel "very close" to deal for London Mining - source 10 Oct 2014

REUTERS - India's third-largest steelmaker JSW Steel is nearing a deal to buy embattled West African iron ore miner London Mining, a source with direct knowledge of the negotiations said on Friday.

Lanco in talks to sell stake in Griffin coal mine 10 Oct 2014

MUMBAI - Infrastructure firm Lanco Infratech Ltd is in talks with investors to sell a stake in its Griffin coal mine in Australia and some road projects, it said on Friday, as part of its strategy to pay down a hefty debt burden

Fox-Apollo JV to bring "Big Brother", "Masterchef" under one roof 10 Oct 2014

REUTERS - Rupert Murdoch's Twenty-First Century Fox and Apollo Global Management LLC agreed to combine three of their TV production companies behind hit shows such as "Big Brother", "American Idol" and "Masterchef" under one group.

Singapore's Temasek to buy 5 billion rupees stake in Devyani - sources 09 Oct 2014

MUMBAI - Temasek Holdings has agreed to invest 5 billion rupees ($82 million) to buy a stake in Devyani International, operator of KFC, Pizza Hut and Costa Coffee chains in India, three sources with direct knowledge of the matter said.

GVK wins environmental permit for huge Australian coal mine 09 Oct 2014

MELBOURNE - GVK and Australian billionaire Gina Rinehart have secured an environmental permit to build their Alpha Coal project in Australia, moving it a step closer to signing off on a long-delayed $10 billion mine, rail and port project.

Safaricom, Airtel bid for Essar's Kenya assets seen finalised soon 08 Oct 2014

NAIROBI - Kenya's regulator said on Wednesday it had given preliminary approval to a joint bid by Safaricom and Airtel for the mobile assets of Essar Kenya and the final nod could be given next month.

REUTERS SHOWCASE

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